Calumet (CLMT) director Stephen Mawer awarded 6,092 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mawer Stephen P reported acquisition or exercise transactions in this Form 4 filing.
Calumet, Inc. director Stephen P. Mawer received a grant of 6,092 Restricted Stock Units (RSUs). Each RSU represents one share of common stock. The RSUs vest on the earlier of June 2, 2027 or the company’s 2027 annual meeting, and will be settled in shares at vesting. Following this grant, Mawer holds 6,092 RSUs directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Mawer Stephen P
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 6,092 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 6,092 shares (Direct, null)
Footnotes (1)
- Each Restricted Stock Unit is the economic equivalent of one share of Calumet, Inc. common stock, par value $0.01 per share. 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
RSUs granted: 6,092 units
Post-transaction RSU holdings: 6,092 units
RSU price per unit: $0.00 per unit
+2 more
5 metrics
RSUs granted
6,092 units
Restricted Stock Units awarded to director on June 2, 2026
Post-transaction RSU holdings
6,092 units
Total RSUs held directly by Mawer after grant
RSU price per unit
$0.00 per unit
Grant price for compensation award
Underlying common shares
6,092 shares
Common stock underlying the RSUs
Vesting date trigger
June 2, 2027
Latest vesting date for RSUs if earlier event not met
Key Terms
Restricted Stock Unit, economic equivalent, vest, settled upon vesting
4 terms
Restricted Stock Unit financial
"Each Restricted Stock Unit is the economic equivalent of one share of Calumet, Inc. common stock"
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 of Calumet, Inc. common stock"
vest financial
"Restricted Stock Units vest upon the earlier of June 2, 2027 or the date on which Calumet, Inc. holds its Annual Meeting in 2027."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
settled upon vesting financial
"Restricted Stock Units will be settled upon vesting."
FAQ
What insider transaction did Calumet (CLMT) report for Stephen P. Mawer?
Calumet reported that director Stephen P. Mawer received a grant of 6,092 Restricted Stock Units. These RSUs are a form of stock-based compensation and give him the right to receive an equivalent number of Calumet common shares upon vesting.
How many Restricted Stock Units did Stephen P. Mawer receive from Calumet (CLMT)?
Stephen P. Mawer received 6,092 Restricted Stock Units from Calumet. Each unit is economically equivalent to one share of Calumet common stock, giving him potential future ownership of 6,092 shares upon vesting and settlement of the RSUs.
When do Stephen P. Mawer’s Calumet (CLMT) RSUs vest?
Mawer’s Restricted Stock Units vest on the earlier of June 2, 2027 or the date Calumet holds its 2027 annual meeting. At that time, the RSUs will be settled, meaning he is entitled to receive an equivalent number of common shares.
Is Stephen P. Mawer’s Calumet (CLMT) RSU grant an open-market purchase or sale?
The transaction is a grant of 6,092 Restricted Stock Units, not an open-market purchase or sale. It represents compensation awarded to Mawer, with no cash paid per unit and settlement in shares occurring only upon future vesting.
What is the value relationship between Calumet (CLMT) RSUs and common stock?
Each Restricted Stock Unit granted to Stephen P. Mawer is the economic equivalent of one share of Calumet common stock. This means that when the RSUs vest and settle, he is entitled to receive one share for each unit held.
How many Calumet (CLMT) RSUs does Stephen P. Mawer hold after this grant?
After this grant, Stephen P. Mawer holds 6,092 Restricted Stock Units directly. This reflects his position in these equity awards as of the transaction date and indicates his entire reported RSU holdings following the compensation grant.