CLMT Form 4: 3,796 vested RSUs granted, 1,518 shares sold
Rhea-AI Filing Summary
Calumet, Inc. (CLMT) director John G. Boss reported two transactions on 06/24/2025. He received 3,796 Restricted Stock Units that are fully vested and economically equivalent to one share each; the filing shows these RSUs were reported as acquired and may be settled in stock or cash. Separately, he disposed of 1,518 shares in a sale reported the same day. After these transactions the filing shows 27,278 shares beneficially owned following the sale and 28,796 held following the RSU acquisition (table ordering reflects both entries).
The form is filed individually and signed by an attorney-in-fact. The filing clarifies that each RSU equals one common share and that the reporting person elected to receive 40% of vested RSUs in cash equivalent form.
Positive
- 3,796 RSUs vested and were reported as acquired on 06/24/2025
- RSUs are 100% vested and each equals one common share, providing clear economic value
Negative
- 1,518 shares sold on 06/24/2025, reducing reported beneficial ownership
- 40% of vested RSUs elected for cash, which reduces immediate share issuance impact
Insights
Director received 3,796 vested RSUs and sold 1,518 shares on 06/24/2025.
The report shows a non-derivative acquisition of 3,796 Restricted Stock Units that are 100% vested and economically equivalent to one share each; the reporting person elected to receive 40% of vested RSUs as cash equivalents.
The same filing records a sale of 1,518 common shares, leaving reported beneficial ownership levels of 28,796 and 27,278 in the respective table lines. All facts are taken directly from the Form 4 filing.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 3,796 | $0.00 | -- |
| Exercise | Common Stock, par value $0.01 per share | 3,796 | $0.00 | -- |
| Sale | Common Stock, par value $0.01 per share | 1,518 | $0.00 | -- |
Footnotes (1)
- The reporting person elected to receive 40% of Restricted Stock Units vested and reported here within to be settled in the cash equivalent of a Calumet, Inc. common share. Each Restricted Stock Unit is the economic equivalent of one share of Calumet, Inc. common stock, par value $0.01 per share. Each Restricted Stock Unit becomes payable either in the form of one share of Calumet, Inc. common stock, par value $0.01 per share, or the cash value thereof. Restricted Stock Units are 100% vested.
FAQ
What did John G. Boss report on Form 4 for CLMT?
He reported acquisition of 3,796 Restricted Stock Units and a sale of 1,518 common shares, both dated 06/24/2025.
Are the reported Restricted Stock Units vested?
Yes; the filing states the Restricted Stock Units are 100% vested and each is the economic equivalent of one share.
Did the reporting person take cash instead of stock for any RSUs?
Yes; the reporting person elected to receive 40% of vested RSUs in cash equivalent form, as disclosed in the explanation.
Who signed the Form 4 filing?
The form is signed by /s/ Connor J. Egan, as attorney-in-fact with a signature date of 10/03/2025.