Boss John G. 4

What Happened
John G. Boss, a director of Calumet, Inc. (CLMT), was granted a total of 281 restricted stock units (RSUs) on May 28, 2026—211 RSUs and an additional 70 RSUs—reported as awards (transaction code A). Each RSU is a derivative award that represents the economic equivalent of one share; the grants were recorded at $0.00 per unit (i.e., no cash outlay by the reporting person).

Key Details

• Transaction date: 2026-05-28; Form 4 filed: 2026-06-01 (no late filing flag indicated in the provided data).
• Transaction type/code: Award/Grant (A); derivative (Restricted Stock Units).
• Quantity and price: 211 RSUs @ $0.00 and 70 RSUs @ $0.00 (281 RSUs total).
• Footnotes: F1—each RSU equals one share economically; F2—some RSUs are 100% vested and will settle upon the earlier of a specified date or the reporting person's termination; F3—other RSUs settle per the Deferred Compensation Plan and vest 25% on July 1 of each year beginning July 1, 2027.
• Shares owned after transaction: Not stated in the excerpt provided.

Context
RSU awards are a form of compensation/retention, not an open-market purchase or sale, so they don’t directly signal a buying or selling decision. Some of these RSUs are already vested (per footnote) while others are subject to multi-year vesting; upon settlement the RSUs typically convert to common shares (or cash equivalent) per plan terms. For retail investors, such grants are routine executive/director compensation and should be interpreted as remuneration rather than an independent vote of confidence in the stock price.