Calumet (CLMT) Director John G. Boss Receives RSU Award

What Happened

• John G. Boss, a director of Calumet, Inc. (CLMT), received two restricted stock unit (RSU) awards on August 20, 2026 totaling 213 RSUs (160 RSUs + 53 RSUs). Each award is reported at $0.00 per unit as a derivative grant (Form 4 transaction code A).

Key Details

• Transaction date: 2026-08-20; Report filed: 2026-08-21 (timely).
• Reported price: $0.00 per RSU (derivative award), total reported cash value in the filing: $0.
• Total RSUs granted: 213 (160 + 53).
• Shares owned after transaction: not specified in the filing.
• Relevant footnotes from the filing:
  • F1: Each RSU equals the economic equivalent of one share of Calumet common stock.
  • F2: Some RSUs are 100% vested and will be settled on the earlier of a specified date or the reporting person's termination date.
  • F3: Other RSUs are deferred under a Deferred Compensation Plan and vest 25% on July 1 of each year beginning July 1, 2027; settlement occurs on the earlier of a specified date or termination.
• Transaction code: A = Grant/award (not a purchase or sale).

Context

• RSU grants are a form of compensation, not an open-market purchase or sale; they represent potential future shares subject to settlement and vesting rules. Because parts of these awards are 100% vested while others are deferred with scheduled vesting, the timing of when Boss actually receives shares (or their cash equivalent) will depend on the settlement and vesting provisions described above. The filing appears timely (filed the next day).