Calumet (CLMT) grants director 3,461 RSUs vesting in 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Raymond Paul C reported acquisition or exercise transactions in this Form 4 filing.
Calumet, Inc. director Raymond Paul C received a grant of 3,461 Restricted Stock Units on June 2, 2026. Each unit is the economic equivalent of one share of Calumet common stock.
The Restricted Stock Units vest on the earlier of June 2, 2027 or the company’s 2027 Annual Meeting, and will be settled in stock upon vesting. After this award, he holds 3,461 units directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Raymond Paul C
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 3,461 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 3,461 shares (Direct, null)
Footnotes (1)
- Each Restricted Stock Unit is the economic equivalent of one share of Calumet, Inc. common stock, par value $0.01 per share. Restricted Stock Units vest upon the earlier of June 2, 2027 or the date on which Calumet, Inc. holds its Annual Meeting in 2027. Restricted Stock Units will be settled upon vesting.
Key Figures
RSUs granted: 3,461 units
Post-award RSU holdings: 3,461 units
RSU-to-share ratio: 1 unit = 1 share
+1 more
4 metrics
RSUs granted
3,461 units
Restricted Stock Unit award on June 2, 2026
Post-award RSU holdings
3,461 units
Total Restricted Stock Units following transaction
RSU-to-share ratio
1 unit = 1 share
Each RSU equals one share of common stock
Vesting date trigger
June 2, 2027
Vests on earlier of June 2, 2027 or 2027 Annual Meeting
Key Terms
Restricted Stock Unit, economic equivalent, Annual Meeting
3 terms
Restricted Stock Unit financial
"The security reported is a Restricted Stock Unit linked to common stock value."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
economic equivalent financial
"Each Restricted Stock Unit is the economic equivalent of one share of common stock."
Annual Meeting financial
"Restricted Stock Units vest upon the earlier of June 2, 2027 or the date of the 2027 Annual Meeting."
A company's annual meeting is a yearly gathering where owners (shareholders) and the board review performance, ask questions, and vote on key matters like electing directors, approving auditor choices, and sometimes setting pay or dividend policies. For investors it matters because decisions made and votes cast can change who runs the company, influence strategy and payouts, and affect the value or direction of their investment—similar to a homeowners’ meeting where rules and leaders that shape your property’s value are decided.
FAQ
What insider transaction did Calumet (CLMT) director Raymond Paul C report?
Raymond Paul C reported receiving 3,461 Restricted Stock Units as a compensation award. These units are derivative securities that convert into Calumet, Inc. common stock upon vesting, rather than an open-market share purchase or sale.
How many Calumet Restricted Stock Units were granted in this Form 4?
The Form 4 shows a grant of 3,461 Restricted Stock Units. Each unit represents the economic equivalent of one share of Calumet, Inc. common stock, giving the director exposure to the same value as 3,461 shares when settled.
When do Raymond Paul C’s Calumet RSUs from this filing vest?
The Restricted Stock Units vest on the earlier of June 2, 2027 or the date Calumet, Inc. holds its 2027 Annual Meeting. This schedule ties vesting either to a fixed one-year horizon or the company’s 2027 shareholder meeting date.
What does each Calumet Restricted Stock Unit in this grant represent?
Each Restricted Stock Unit is the economic equivalent of one share of Calumet, Inc. common stock. Upon vesting and settlement, the director is entitled to receive common stock, aligning the award’s value directly with the share price.
How will the Calumet RSU award to Raymond Paul C be settled?
The Restricted Stock Units will be settled upon vesting, delivering Calumet, Inc. common stock. Settlement in shares means the director’s compensation is tied to future stock performance rather than immediate cash payment.