CLMT.NASDAQCalumet, INC /DE

Form 4: Calumet Inc. Executive Scott Obermeier Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


EVP Scott Obermeier reports the vesting of restricted stock units and subsequent tax withholding, resulting in changes to his beneficial ownership of Calumet Inc. stock.

Summary

  • On March 11, 2025, Scott Obermeier, EVP of Specialties at Calumet, Inc., reported transactions involving the company's common stock.
  • Obermeier vested 31,606 restricted stock units, each equivalent to one share of Calumet, Inc. common stock.
  • To cover tax withholding obligations related to the vesting, Obermeier surrendered 13,993 shares of common stock.
  • Following these transactions, Obermeier directly owns 224,150 shares of Calumet, Inc. common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency to investors regarding insider transactions.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding executive stock ownership and transactions.
  • The transactions have a minor impact on the total number of outstanding shares.

Key Dates

DateDescription
03/11/2025Date of stock transactions: vesting of restricted stock units and tax withholding.
02/22/2025100% of the Restricted Stock Units vested.
03/13/2025Date of signature on the Form 4 filing.

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.