Calumet, Inc. (CLMT) director converts 7,067 RSUs, holding 258,160 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Calumet, Inc. director Amy M. Schumacher reported the exercise and conversion of 7,067 Restricted Stock Units into an equal number of shares of common stock, par value $0.01 per share, on July 9, 2026. Each Restricted Stock Unit was the economic equivalent of one share of common stock, and 100% of these units vested on June 2, 2026. Following the transaction, Schumacher directly holds 258,160 shares of Calumet, Inc. common stock. The filing does not report any open-market purchases or sales, only the derivative exercise and corresponding share issuance.
Positive
- None.
Negative
- None.
Insider Trade Summary
7,067 shares exercised/converted
Mixed
2 txns
Insider
Schumacher Amy M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 7,067 | $0.00 | -- |
| Exercise | Common Stock, par value $0.01 per share | 7,067 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 0 shares (Direct);
Common Stock, par value $0.01 per share — 258,160 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. 100% of the Restricted Stock Units vested on June 2, 2026.
Key Figures
RSUs Exercised: 7,067 units
Common Shares After Transaction: 258,160 shares
Vesting Date: June 2, 2026
+2 more
5 metrics
RSUs Exercised
7,067 units
Restricted Stock Units converted into common stock on July 9, 2026
Common Shares After Transaction
258,160 shares
Direct holdings of Calumet, Inc. common stock following the exercise
Vesting Date
June 2, 2026
100% of the Restricted Stock Units vested on this date
Par Value
$0.01 per share
Par value of Calumet, Inc. common stock received upon RSU conversion
Exercise Count
1 exercise
Single derivative exercise/conversion event in the transactionSummary
Key Terms
Restricted Stock Unit, economic equivalent, derivative exercise/conversion, par value
4 terms
Restricted Stock Unit financial
"The security title is listed as "Restricted Stock Unit" for the derivative"
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"
derivative exercise/conversion financial
"The transaction_action is described as derivative exercise/conversion"
par value financial
"Common Stock, par value $0.01 per share is received"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
FAQ
What did Calumet, Inc. (CLMT) director Amy M. Schumacher report in this Form 4?
Amy M. Schumacher reported exercising 7,067 Restricted Stock Units into Calumet, Inc. common stock on July 9, 2026. The transaction reflects a derivative exercise/conversion, with no open-market purchases or sales disclosed in this filing.
What type of securities did Amy M. Schumacher convert in the Calumet, Inc. (CLMT) Form 4?
She converted 7,067 Restricted Stock Units, each described as the economic equivalent of one share of Calumet, Inc. common stock. These derivative securities were exchanged for an equal number of common shares in a derivative exercise/conversion transaction.
When did the Restricted Stock Units reported by Calumet, Inc. (CLMT) fully vest?
The filing states that 100% of the Restricted Stock Units vested on June 2, 2026. After vesting, 7,067 units were subsequently exercised and converted into an equal number of shares of Calumet, Inc. common stock.
Does the Calumet, Inc. (CLMT) Form 4 show any open-market buying or selling by Amy M. Schumacher?
No. The Form 4 reports no open-market purchases or sales. It only shows a derivative exercise/conversion of 7,067 Restricted Stock Units into common stock, with no tax withholding or gift transactions disclosed.
How is the transaction in Calumet, Inc. (CLMT) classified in the Form 4 summary?
The transaction is classified as a derivative exercise/conversion with transaction code “M,” counted as one exercise involving 7,067 shares. The transactionSummary shows acquire-side activity only, with net buy/sell direction described as neutral.