Calumet (CLMT) Director Julio M. Quintana Receives RSU Award

What Happened

• Julio M. Quintana, a director of Calumet, Inc. (CLMT), received a grant of 3,461 restricted stock units (RSUs) on June 2, 2026. The award was recorded as a derivative grant (transaction code A) with no cash paid (reported price $0.00). Each RSU is economically equivalent to one share and will convert into Calumet common stock upon vesting.

Key Details

• Transaction date: June 2, 2026; filing date: June 4, 2026 (Form 4 reporting the June 2 transaction).
• Transaction type/code: Award/Grant (A); derivative reported as RSUs; reported acquisition price $0.00.
• Number of RSUs granted: 3,461.
• Shares owned after transaction: Not specified in the filing.
• Footnotes: (1) Each RSU equals one share of Calumet common stock. (2) RSUs vest upon the earlier of June 2, 2027 or the company’s 2027 Annual Meeting and will be settled upon vesting.
• Filing timeliness: Filed June 4 reporting a June 2 transaction — appears timely under the Form 4 two-business-day reporting rule.

Context

• This was a time-based equity award (RSUs), not a market purchase or sale. RSU grants are common as director compensation and do not by themselves indicate buying or selling sentiment; value is realized only if and when the RSUs vest and are settled into shares.