Krutz John Robert 4

What Happened John Robert Krutz, Chief Accounting Officer of Calumet, Inc. (CLMT), was granted two restricted stock unit (RSU) awards on 2026-03-31 totaling 1,241 RSUs (931 RSUs and 310 RSUs). Both grants are reported as derivative awards with an acquisition price of $0. Per the filing, RSUs are the economic equivalent of one share of Calumet common stock.

Key Details

• Transaction date: 2026-03-31; Filing date: 2026-04-02 (filed timely).
• Grants: 931 RSUs and 310 RSUs; combined total = 1,241 RSUs. Reported acquisition price = $0 (derivative awards).
• Shares owned after transaction: Not disclosed in this filing.
• Footnotes of note:
  • F1: Each RSU equals the economic equivalent of one Calumet common share.
  • F2: One set of RSUs is 100% vested and will settle upon the earlier of a specified date or the reporting person’s termination.
  • F3: The other set is under the Deferred Compensation Plan and vests 25% on July 1 of each year beginning July 1, 2027 (settlement upon specified date or termination).
• Transaction code: A = Award/Grant.

Context RSU grants are a form of compensation rather than open-market buying or selling, so they don’t directly signal the insider’s trading sentiment. One portion of the award is fully vested (settleable), while the other portion follows a multi-year deferred vesting schedule (25% per year beginning 7/1/2027).