Mawer Stephen P 4

What Happened

• Stephen P. Mawer, a director of Calumet, Inc. (CLMT), received a grant of 6,092 restricted stock units (RSUs) on June 2, 2026. The RSUs were granted at $0.00 acquisition price (transaction coded as an award/derivative), representing future economic rights to common shares rather than an immediate purchase of stock.

Key Details

• Transaction date: 2026-06-02; Form 4 filed: 2026-06-04 (appears timely).
• Award size: 6,092 RSUs; acquisition price: $0.00 (award).
• Footnote F1: Each RSU equals the economic equivalent of one share of Calumet common stock.
• Footnote F2: RSUs vest upon the earlier of June 2, 2027 or the date of Calumet’s 2027 Annual Meeting and will be settled (converted to shares) upon vesting.
• Shares owned after the transaction: not specified in the provided filing.

Context

• RSUs are a form of equity compensation that convert into shares (or their cash value) only after vesting; they do not represent immediate share purchases or sales. Grants to directors are common as part of compensation and do not by themselves indicate a trading view.