Director at Calumet (NASDAQ: CLMT) receives 3,461 RSUs as equity award
Rhea-AI Filing Summary
Boss John G. reported acquisition or exercise transactions in this Form 4 filing.
Calumet, Inc. director John G. Boss received a grant of 3,461 Restricted Stock Units (RSUs). Each RSU represents the economic equivalent of one share of Calumet common stock. Following this award, he holds 3,461 RSUs directly.
The RSUs vest upon the earlier of June 2, 2027 or the date Calumet holds its 2027 Annual Meeting, and will be settled in shares when they vest. This is a compensation-related equity award rather than an open‑market stock purchase or sale.
Positive
- None.
Negative
- None.
Insights
Routine director RSU grant with time-based vesting, not a market trade.
This Form 4 reports a grant of 3,461 Restricted Stock Units to director John G. Boss at a price of $0.00 per unit, reflecting stock-based compensation rather than a cash investment or sale. Each RSU equals one Calumet common share economically.
The RSUs vest on the earlier of June 2, 2027 or the company’s 2027 Annual Meeting, then settle in shares. With 3,461 RSUs shown as held after the transaction and no remaining derivative positions listed, this appears to be a straightforward, time-based award typical for board compensation.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 3,461 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each Restricted Stock Unit is the economic equivalent of one share of Calumet, Inc. common stock, par value $0.01 per share.
- F2. 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
Key Terms
Restricted Stock Unit financial
economic equivalent financial
Annual Meeting financial
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