Raymond Paul C 4
4 · Calumet, Inc. /DE · Filed Jun 4, 2026
Research Summary
AI-generated summary of this filing
Calumet (CLMT) Director Raymond Paul Receives 3,461 RSU Award
What Happened
- Raymond Paul C, a director of Calumet, Inc. (CLMT), was granted 3,461 restricted stock units (RSUs) on June 2, 2026. The Form 4 lists the acquisition as 3,461 units at $0.00 (derivative award), meaning no cash changed hands at grant.
Key Details
- Transaction date: 2026-06-02; Filing date: 2026-06-04 (appears timely).
- Award type/code: A (grant/award of RSUs); reported as derivative (not an open-market purchase).
- Number of RSUs granted: 3,461; reported dollar amount on Form 4: $0.00 (typical for RSU grants).
- Shares owned after the transaction: Not provided on the Form 4 excerpt supplied.
- Footnotes: F1 — Each RSU equals the economic equivalent of one share of Calumet common stock. F2 — RSUs vest upon the earlier of June 2, 2027 or Calumet’s 2027 Annual Meeting and will be settled (converted into shares) upon vesting.
Context
- RSU grants are compensation/retention awards rather than purchases or sales; they do not necessarily signal buying or selling intent. Upon vesting the RSUs will convert to common shares (subject to any company settlement rules or tax withholding).
Insider Transaction Report
Form 4
Raymond Paul C
Director
Transactions
- Award
Restricted Stock Unit
[F1][F2]2026-06-02+3,461→ 3,461 total→ Common Stock, par value $0.01 per share (3,461 underlying)
Footnotes (2)
- [F1]Each Restricted Stock Unit is the economic equivalent of one share of Calumet, Inc. common stock, par value $0.01 per share.
- [F2]Restricted Stock Units vest upon the earlier of June 2, 2027 or the date on which Calumet, Inc. holds its Annual Meeting in 2027. Restricted Stock Units will be settled upon vesting.
Signature
/s/ Connor J. Egan, as attorney-in-fact|2026-06-04