Fleming Bruce A 4
4 · Calumet, Inc. /DE · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
Calumet (CLMT) EVP Bruce Fleming Receives Restricted Stock Award
What Happened
Bruce A. Fleming, Executive Vice President — Montana Renewables at Calumet, Inc. (CLMT), was granted two awards of restricted stock units (RSUs) on 2026-03-31: 13,047 RSUs and 4,349 RSUs, reported as derivative acquisitions at $0.00 (total 17,396 RSUs). The awards were reported on a Form 4 filed 2026-04-02. RSUs are reported as economic equivalents of common shares and will convert into actual shares under the terms described in the filing.
Key Details
- Transaction date: 2026-03-31; Form 4 filed: 2026-04-02 (timely filing).
- Awards: 13,047 RSUs (A, $0.00) and 4,349 RSUs (A, $0.00); total 17,396 RSUs.
- Price/consideration: $0.00 listed (these are compensation awards, not open-market purchases).
- Shares owned after transaction: Not specified in the filing excerpt provided.
- Footnotes summary:
- F1: Each RSU equals one share of Calumet common stock.
- F2: One grant is 100% vested and will settle on the earlier of a specified date or the reporting person's termination.
- F3: The other RSUs are under a Deferred Compensation Plan and vest 25% on July 1 of each year beginning July 1, 2027; settlement is on the earlier of a specified date or termination.
- Transaction type: Award/grant (code A), reported as derivative.
Context
These entries are compensation awards (RSUs), not purchases or sales. One award is already 100% vested (economic rights in place) while the other follows a multi-year vesting schedule under deferred compensation. Awards at $0 reflect grant terms rather than a market purchase and do not, by themselves, indicate the insider is buying or selling shares in the market.
Insider Transaction Report
- Award
Restricted Stock Unit
[F1][F2]2026-03-31+13,047→ 13,047 total→ Common Stock, par value $0.01 per share (13,047 underlying) - Award
Restricted Stock Units
[F1][F3]2026-03-31+4,349→ 4,349 total→ Common Stock, par value $0.01 per share (4,349 underlying)
Footnotes (3)
- [F1]Each Restricted Stock Unit is the economic equivalent of one share of Calumet, Inc. common stock, par value $0.01 per share.
- [F2]Each Restricted Stock Unit will become settled upon the earlier of the date specified by the reporting person or the reporting person's termination date. Restricted Stock Units are 100% vested.
- [F3]Each Restricted Stock Unit will be settled upon the earlier of the date specified by the reporting person or the reporting person's termination date pursuant to the Deferred Compensation Plan. 25% of the Restricted Stock Units vest on July 1 of each year beginning on July 1, 2027.