Calumet, Inc. (CLMT) Chief Executive Officer Louis Todd Borgmann exercised 107,428 restricted stock units on September 25, 2026, acquiring 107,428 common shares. The units vested 100% on August 1, 2026. Upon delivery of common stock, he surrendered 46,901 shares to satisfy tax withholding liabilities.
Calumet, Inc. (CLMT) reported that Bruce A. Fleming, EVP - Montana Renewables, exercised 107,428 restricted stock units on September 25, 2026, acquiring 107,428 common shares. He surrendered 42,190 common shares to satisfy tax withholding liabilities upon delivery of the shares, in accordance with Rule 16b-3.
Calumet, Inc. (CLMT) SVP, General Counsel Gregory J. Morical reported converting 30,694 restricted stock units into 30,694 common shares on September 25, 2026. He surrendered 13,560 shares to satisfy tax-withholding liabilities upon delivery of the shares. The units had vested in full on August 1, 2026; no Rule 10b5-1 plan is reported.
Calumet, Inc. (CLMT) director Stephen P. Mawer reported converting 61,387 restricted stock units into 61,387 common shares on September 25, 2026. He elected to have 40% of vested units settled in the cash equivalent of a common share. He also reported a sale of 24,555 common shares at a reported price of $0.0000 per share.
Calumet, Inc. (CLMT) entered into an Eleventh Amendment to its Third Amended and Restated Credit Agreement, increasing lender commitments from $500.0 million to $600.0 million, subject to borrowing base limitations. The amendment is among Calumet, Inc., Calumet Specialty Products Partners, L.P., certain subsidiaries, the lender group and Bank of America, N.A. as administrative agent.
In connection with this change, the company also executed a Fourth Amendment to the Monetization Master Agreement with J. Aron & Company LLC and related parties, which permits the increased commitments under the Credit Agreement. Both amendments are dated September 11, 2026 and are filed as exhibits.
Calumet, Inc. (CLMT) announced that subsidiary Montana Renewables, LLC amended its U.S. Department of Energy Loan Guarantee Agreement to reflect a smaller, more capital‑efficient expansion of its Great Falls renewable fuels facility. The expansion shifts from a large new‑build “Phase 2” project to a series of smaller scopes that primarily repurpose existing equipment.
The amendment reduces the guaranteed loan’s maximum principal to $815.8 million and the maximum capitalized interest to $232.8 million, and lowers the Base Cash Equity Reserve Account threshold from $80.0 million to $20.0 million. Montana Renewables targets an annual run rate of about 200 million gallons of Sustainable Aviation Fuel and 17,000 barrels per day of total renewable product sales by year‑end 2028. Remaining project capital is expected to be $137 million, down from the original $1.2 billion Phase 2 concept, with funding anticipated from MRL earnings plus a final $34 million DOE draw. The DOE loan remains split into a previously funded $782 million tranche and the final draw, carries a 15‑year tenor at the U.S. Treasury rate plus 3/8%, and defers principal and interest servicing until MaxSAF® is commissioned, with first servicing in March 2029 and maturity in December 2039.
Calumet, Inc. /DE (symbol: CLMT) is the issuer of record for a Form 4 filing submitted to the SEC.
Calumet, Inc. /DE (symbol: CLMT) is the issuer of record for a Form 4 filing submitted to the SEC.
Calumet, Inc. /DE (symbol: CLMT) is the issuer of record for a Form 4 filing submitted to the SEC.
Calumet, Inc. /DE (symbol: CLMT) is the issuer of record for a Form 4 filing submitted to the SEC.