Sajkowski Daniel J 4
Research Summary
AI-generated summary
Calumet (CLMT) Director Daniel Sajkowski Sells 4,240 Shares
What Happened
- Daniel J. Sajkowski, a director of Calumet, Inc. (CLMT), sold 4,240 shares of company common stock on July 1, 2026.
- The reported weighted-average sale price was $36.16 per share, for total proceeds of approximately $153,318. The shares were sold in multiple trades at prices ranging from $35.72 to $36.33.
- This was a sale (routine disposition) rather than a purchase or award.
Key Details
- Transaction date: 2026-07-01; Form 4 filed: 2026-07-02 (filed within the normal reporting window).
- Shares sold: 4,240; weighted-average price: $36.16; total proceeds: ~$153,318.
- Price range across trades: $35.72 to $36.33; reporting person can provide a breakdown of number of shares sold at each price on request (per footnote).
- Footnote: Sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 18, 2025. The closing price on the plan adoption date was $19.08 per share.
- Shares owned after the transaction: not specified in the provided filing.
Context
- The sale was executed under a pre-established Rule 10b5-1 plan, which typically schedules trades in advance and helps insulate transactions from being viewed as opportunistic based on inside information. This is a routine insider sale and not direct evidence of company valuation changes.
- For retail investors, purchases from insiders tend to carry more interpretive weight than routine sales; here, the filing documents a planned sale rather than a discretionary trade.