Calumet, Inc. /DE|4Feb 26, 8:43 PM ET

Lunin David 4

4 · Calumet, Inc. /DE · Filed Feb 26, 2026

AI-generated summary of this filing

Updated Feb 27, 2026

Calumet (CLMT) CFO David Lunin Receives 16,866 RSU Award

What Happened

David Lunin, EVP and CFO of Calumet, Inc. (CLMT), received two restricted stock unit (RSU) grants on February 24, 2026 totaling 16,866 RSUs (9,786 RSUs + 7,080 RSUs). Each RSU is the economic equivalent of one share; the grants show an acquisition price of $0.00 because these are compensation awards, not open-market purchases or sales.

Key Details

Transaction date: 2026-02-24; filing date: 2026-02-26 (timely filing).
Grants: 9,786 RSUs (vests Feb 24, 2029) and 7,080 RSUs (2025 performance-based RSUs; performance certified and subject to service-based vesting through Feb 25, 2028).
Price: $0.00 per RSU (award/grant; code A; derivative instrument).
Shares owned after transaction: Not disclosed in the provided filing excerpt.
Footnotes: F1 confirms each RSU equals one share; F2 notes the 7,080 RSUs are performance-based with service vesting to Feb 25, 2028; F3 notes the 9,786 RSUs vest on Feb 24, 2029.
Filing timeliness: Report filed two days after the transaction date (not indicated as late).

Context

RSU grants are compensation awards that convert into common stock (or cash in some plans) upon vesting; they are not an open-market buy or sell and do not by themselves signal an immediate purchase/sale intent.
Typically, taxes are withheld at vesting which can reduce net shares delivered; the filing does not show withholding details.

Form 4

Period: 2026-02-24

EVP - CFO

Transactions

Award
Restricted Stock Units
[F1][F2]
2026-02-24+9,786→ 9,786 total
→ Common Stock, par value $0.01 per share (9,786 underlying)
Award
Restricted Stock Unit
[F1][F3]
2026-02-24+7,080→ 7,080 total
→ Common Stock, par value $0.01 per share (7,080 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]Reflects 2025 performance-based restricted stock units, for which performance was certified by the Company's Board of Directors on the transaction date. These Restricted Stock Units remain subject to service based vesting requirements through February 25, 2028.
[F3]These Restricted Stock Units vest on February 24, 2029.

Signature

/s/ Connor J. Egan, as attorney-in-fact|2026-02-26

1 file