Calumet, Inc. (CLMT) director nets shares from RSU vesting and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Calumet, Inc. director John G. Boss reported compensation-related equity activity. On July 9, 2026, he exercised 7,067 Restricted Stock Units, each equivalent to one share of common stock, resulting in an equivalent number of common shares. In connection with this vesting, he surrendered 2,827 common shares to satisfy tax withholding liabilities, as permitted under Rule 16b-3. Following these transactions, he held 33,033 common shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
7,067 shares exercised/converted
Mixed
3 txns
Insider
Boss John G.
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 | -- |
| Tax Withholding | Common Stock, par value $0.01 per share | 2,827 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 0 shares (Direct);
Common Stock, par value $0.01 per share — 35,860 shares (Direct)
Footnotes (1)
- The reporting person elected to surrender 2,827 shares of Calumet, Inc. common stock, par value $0.01 per share, to satisfy tax withholding liabilities upon delivery of common stock in accordance with Rule 16b-3. 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 shares
Shares surrendered for taxes: 2,827 shares
Shares held after transactions: 33,033 shares
+1 more
4 metrics
RSUs exercised
7,067 shares
Restricted Stock Units exercised into common stock on July 9, 2026
Shares surrendered for taxes
2,827 shares
Common shares surrendered to satisfy tax withholding liabilities
Shares held after transactions
33,033 shares
Direct common stock holdings following the reported transactions
RSU vesting date
June 2, 2026
100% of the Restricted Stock Units vested on this date
Key Terms
Restricted Stock Unit, tax withholding liabilities, Rule 16b-3, economic equivalent
4 terms
Restricted Stock Unit financial
"The security title is listed as "Restricted Stock Unit" for one transaction"
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.
tax withholding liabilities financial
"surrender 2,827 shares ... to satisfy tax withholding liabilities upon delivery"
Rule 16b-3 regulatory
"to satisfy tax withholding liabilities upon delivery of common stock in accordance with Rule 16b-3"
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
economic equivalent financial
"Each Restricted Stock Unit is the economic equivalent of one share of Calumet, Inc. common stock"
FAQ
What insider transactions did Calumet, Inc. (CLMT) disclose for John G. Boss?
Calumet, Inc. disclosed that director John G. Boss exercised 7,067 Restricted Stock Units into common stock and surrendered 2,827 common shares to cover tax withholding liabilities on July 9, 2026, under a compensation arrangement.
What type of equity award did John G. Boss exercise at Calumet, Inc. (CLMT)?
John G. Boss exercised Restricted Stock Units representing 7,067 units, each economically equivalent to one share of Calumet, Inc. common stock. The RSUs were a form of equity compensation that converted into common shares upon vesting and exercise.
Were John G. Boss’s Calumet, Inc. (CLMT) transactions open-market buys or sells?
The reported transactions were not open-market buys or sells. They involved exercising Restricted Stock Units into common stock and a tax-withholding share surrender under Rule 16b-3, both typical compensation-related events.
When did John G. Boss’s Restricted Stock Units at Calumet, Inc. (CLMT) vest?
The filing states that 100% of the Restricted Stock Units vested on June 2, 2026. Following this vesting date, 7,067 RSUs were exercised into Calumet, Inc. common stock and related tax obligations were settled in shares.