Form 4: Director Julio M. Quintana Receives Calumet RSU Grant
Statement of Changes in Beneficial Ownership
Director Julio M. Quintana was granted 3,461 restricted stock units in Calumet, Inc. as part of standard equity compensation.
Summary
- Director Julio M. Quintana acquired 3,461 Restricted Stock Units (RSUs) on June 2, 2026.
- Each RSU represents the economic equivalent of one share of Calumet, Inc. common stock.
- The RSUs were granted at a price of $0 per unit.
- The units are scheduled to vest on the earlier of June 2, 2027, or the date of the 2027 Annual Meeting.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral, routine administrative filing regarding director compensation with no impact on company operations.
Positives
- Alignment of director interests with shareholders through equity-based compensation.
Negatives
- None identified.
Risks
- Vesting is subject to the passage of time or the occurrence of the 2027 Annual Meeting.
Future Outlook
The RSUs will settle upon vesting on June 2, 2027, or the date of the 2027 Annual Meeting, whichever occurs first.
Industry Context
StockSavvy.ai notes that this is a routine disclosure of director equity compensation, which is standard practice for publicly traded companies to ensure board alignment with long-term shareholder value.
Comparison to Industry Standards
- The grant of RSUs to non-employee directors is a standard corporate governance practice in the energy and industrial sectors.
- The vesting schedule aligns with typical one-year director compensation cycles.
Stakeholder Impact
- Minimal impact on shareholders as this represents standard director compensation.
Next Steps
- Vesting of 3,461 RSUs on June 2, 2027, or the 2027 Annual Meeting date.
Key Dates
| Date | Description |
|---|---|
| 06/02/2026 | Transaction date of RSU grant. |
| 06/04/2026 | Date of filing. |
| 06/02/2027 | Vesting date for the granted RSUs. |
Keywords
Calumet, CLMT, Form 4, Insider Trading, Director Compensation, Restricted Stock Units
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