Obermeier Scott 4

What Happened

• Scott Obermeier, Executive Vice President — Specialties at Calumet, Inc. (CLMT), received two grants of restricted stock units (RSUs) on February 24, 2026: 9,654 RSUs and 7,738 RSUs, totaling 17,392 RSUs. The grants are reported as derivative awards at $0.00 per share because RSUs are not shares until they vest.

Key Details

• Transaction date: 2026-02-24; Form 4 filed: 2026-02-26 (appears timely; Form 4 is normally due within two business days).
• Price: $0.00 per unit (these are RSU awards, not open-market purchases).
• Total RSUs granted: 17,392 (9,654 + 7,738).
• Vesting notes: the 9,654 RSUs reflect 2025 performance-based RSUs certified by the board on the grant date and remain subject to service-based vesting through February 25, 2028; the 7,738 RSUs vest on February 24, 2029. Each RSU equals one share of Calumet common stock upon vesting.
• Shares owned after transaction: not specified in this filing.
• Filing timeliness: filed two days after the transaction date; no late filing flag indicated.

Context

• RSU grants are awards that convert into shares upon satisfying vesting conditions (time and/or performance). They do not represent immediate open-market buying or selling and do not by themselves create cash proceeds for the insider until vesting and any subsequent sale.