Schumacher Amy M 4
Research Summary
AI-generated summary
Calumet (CLMT) Director Amy Schumacher Receives RSU Award
What Happened
Amy M. Schumacher, a director of Calumet, Inc. (CLMT), was granted two restricted stock unit (RSU) awards on February 24, 2026: 782 RSUs and 260 RSUs, totaling 1,042 RSUs. Each line is reported as an award/acquisition (transaction code A) at $0.00 per unit — these are derivative awards (not an open-market purchase) and no cash was paid by the reporting person.
Key Details
- Transaction date: 2026-02-24; Form 4 filed: 2026-02-26 (appears timely; Form 4 is due within two business days).
- Reported price: $0.00 per RSU (derivative award).
- Total units awarded: 782 + 260 = 1,042 RSUs.
- Shares owned after transaction: not specified in the provided filing details.
- Footnotes from the filing:
- F1: Each RSU is the economic equivalent of one share of Calumet common stock.
- F2: Some RSUs are 100% vested and will settle on the earlier of a specified date or the reporting person’s termination.
- F3: Other RSUs are under a Deferred Compensation Plan and vest 25% on July 1 of each year beginning July 1, 2027; they settle on the earlier of a specified date or termination.
- Transaction type: Award/Grant (A). No 10b5-1 or tax-withholding specifics reported in the provided data.
Context
RSUs are a form of compensation that convert into shares (or cash equivalent) under specified settlement/vesting rules; they are derivative awards rather than purchases/sales and do not necessarily signal a buy or sell intent. One set of RSUs in this filing is fully vested per the footnotes, while another is subject to multi-year vesting under a deferred compensation plan (25% per year starting 7/1/2027).