Boss John G. 4
Research Summary
AI-generated summary
Calumet Director John G. Boss Receives 3,461 RSU Award
What Happened
- John G. Boss, a director of Calumet, Inc. (CLMT), received an award of 3,461 Restricted Stock Units (RSUs) on June 2, 2026. The grant is reported as a derivative award (transaction code A) with a reported acquisition price of $0.00 (RSUs are compensation, not an open-market purchase). The units represent the economic equivalent of 3,461 shares of common stock and will convert into shares when they vest.
Key Details
- Transaction date: 2026-06-02; Form 4 filed: 2026-06-04 (filed within the typical two-business-day window).
- Grant: 3,461 RSUs; reported price per unit: $0.00 (award/derivative).
- Vesting: RSUs vest on the earlier of June 2, 2027 or the company's 2027 Annual Meeting and will be settled into shares upon vesting (per filing footnotes).
- Shares owned after the transaction: not specified in the information provided in this summary.
- Transaction code: A (award/grant); no sale or purchase of open-market shares in this filing.
Context
- RSU grants are a common form of director/executive compensation and do not represent an immediate purchase or sale of stock. They only convert into shares (and thus have market exposure) once they vest and are settled.
- This filing shows a compensation award rather than trading activity, so it should be viewed as a pay-related issuance rather than a direct signal of insider buying or selling.