Calumet, Inc. (CLMT) awards 2,365 restricted stock units to accounting chief

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Krutz John Robert reported acquisition or exercise transactions in this Form 4 filing.

Calumet, Inc. /DE reported that Chief Accounting Officer John Robert Krutz received a grant of 2,365 Restricted Stock Units on February 24, 2026. Each unit is the economic equivalent of one share of Calumet, Inc. common stock, and these units vest on February 24, 2029. After this award, Krutz holds 2,365 Restricted Stock Units directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Krutz John Robert

Role Chief Accounting Officer

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Unit	2,365	$0.00	--

Holdings After Transaction: Restricted Stock Unit — 2,365 shares (Direct)

Footnotes (1)

Each Restricted Stock Unit is the economic equivalent of one share of Calumet, Inc. common stock, par value $0.01 per share. These Restricted Stock Units vest on February 24, 2029.

Form 4 Insider Transactions: What Each Field Means →

02/26/2026 - 08:45 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Krutz John Robert

(Last)

(First)

(Middle)

1060 N. CAPITOL AVE.

SUITE 6-401

(Street)

INDIANAPOLIS

46204

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
Calumet, Inc. /DE [ CLMT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Accounting Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/24/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Unit	⁽¹⁾	02/24/2026		A		2,365		⁽²⁾	⁽²⁾	Common Stock, par value $0.01 per share	2,365	$0	2,365	D

Explanation of Responses:

1. Each Restricted Stock Unit is the economic equivalent of one share of Calumet, Inc. common stock, par value $0.01 per share.

2. These Restricted Stock Units vest on February 24, 2029.

	/s/ Connor J. Egan, as attorney-in-fact	02/26/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Calumet (CLMT) report for John Robert Krutz?

Calumet reported that Chief Accounting Officer John Robert Krutz received a grant of 2,365 Restricted Stock Units. These units are equivalent to common shares and were awarded at no cash cost on February 24, 2026, increasing his direct derivative holdings to 2,365 units.

What is the nature of the 2,365 Restricted Stock Units granted at Calumet (CLMT)?

The 2,365 Restricted Stock Units are derivative equity awards, each equal to one share of Calumet, Inc. common stock. They were granted with a reported price of $0.0000 per unit, reflecting a compensation grant rather than an open-market purchase or sale.

When do John Robert Krutz’s Calumet (CLMT) Restricted Stock Units vest?

The Restricted Stock Units granted to John Robert Krutz vest on February 24, 2029. Vesting means the units become earned over time, so he typically must remain with the company until that date for the full award to become non-forfeitable.

Did the Calumet (CLMT) Form 4 show a buy or sell of common stock?

The Form 4 did not show a market buy or sell of common stock. It reported an acquisition of 2,365 Restricted Stock Units as a compensation grant, categorized as a grant, award, or other acquisition rather than an open-market transaction.

How many Calumet (CLMT) Restricted Stock Units does John Robert Krutz own after this grant?

After the award, John Robert Krutz directly owns 2,365 Restricted Stock Units. This total matches the number of units granted in the reported transaction, indicating this filing reflects his entire reported RSU position following the grant.

What role does John Robert Krutz hold at Calumet (CLMT) in this Form 4 filing?

In this Form 4, John Robert Krutz is identified as an officer of Calumet, serving as Chief Accounting Officer. The reported transaction shows an equity-based compensation grant tied to his executive role rather than a personal trading decision in the open market.