Heritage Group 4

4 · Calumet, Inc. /DE · Filed Jun 5, 2026

AI-generated summary of this filing

Updated Jun 6, 2026

Calumet (CLMT) 10% Owner Heritage Group Gifts 540,000 Shares

What Happened

Heritage Group (reported as a 10% owner) made a charitable gift of 540,000 shares of Calumet, Inc. common stock on June 5, 2026. The transaction is reported as a gift (code G) with a reported price of $0.00, so no cash proceeds were received. The filing notes the donation was made to The J.E. Fehsenfeld Family Foundation, Inc., a tax‑qualified private foundation.

Key Details

Transaction date: 2026-06-05; Transaction type: Gift (G); Shares: 540,000; Reported price: $0.00 (no proceeds).
Recipient: The J.E. Fehsenfeld Family Foundation, Inc. (private foundation) per footnote F1.
Shares owned after transaction: not explicitly stated in the provided report. Footnotes indicate the Reporting Person is connected to other holdings (see below).
Important footnotes:
- F1: Confirms charitable donation to the named foundation.
- F2: The Reporting Person serves as Manager of The Heritage Group Investment Company, LLC which directly holds 1,200,000 shares; the Reporting Person disclaims beneficial ownership of those shares except to the extent of any pecuniary interest.
- F3: Some reported shares are held indirectly via Lumet Investments, Inc.; the Reporting Person disclaims beneficial ownership of those shares except to the extent of any pecuniary interest.
Filing timeliness: Reported and filed on 2026-06-05 (no late filing indicated).

Context

Gifts are typically charitable or estate-planning moves and do not necessarily signal the insider's view on the stock—unlike purchases, they are not a direct bullish indicator.
This filing involves a 10% owner (institutional/ownership entity), not an executive employment trade; footnotes emphasize disclaimers of beneficial ownership for parts of the reported stake.

Form 4

Period: 2026-06-05

10% OwnerOther

Transactions

Holdings

Footnotes (3)

[F1]The reported transaction represents a charitable donation of shares of Common Stock by the Reporting Person to The J.E. Fehsenfeld Family Foundation, Inc., a tax-qualified private foundation.
[F2]The Reporting Person beneficially owns 1,200,000 shares of Common Stock that are owned directly by The Heritage Group Investment Company, LLC, an Indiana manager-managed limited liability company ("Investment LLC"), for which the Reporting Person serves as the Manager. The Reporting Person disclaims beneficial ownership of the Common Stock directly held by Investment LLC, except to the extent of any pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all the reported shares for purposes of Section 16 or for any other purpose.
[F3]The reported securities are directly held by Lumet Investments, Inc. (f/k/a Calumet, Incorporated), an Indiana corporation ("Lumet Investments"). The Reporting Person is an indirect shareholder of Lumet Investments through Asphalt Materials, Inc. ("AMI"). The Reporting Person does not control AMI and therefore disclaims beneficial ownership of the Common Stock directly held by Lumet Investments, except to the extent of any pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all the reported shares for purposes of Section 16 or for any other purpose.

Signature

/s/ Amy Schumacher, CEO|2026-06-05

1 file