STOCK TITAN

Calumet (CLMT) director Stephen Mawer awarded 6,092 restricted stock units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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 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)
  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.
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
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."
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SEC Form 4
FORM 4UNITED 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*
Mawer Stephen P

(Last)(First)(Middle)
1060 N CAPITOL AVE
SUITE 6-401

(Street)
INDIANAPOLIS INDIANA 46204

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Calumet, Inc. /DE [ CLMT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/02/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Unit(1)06/02/2026A6,092 (2) (2)Common Stock, par value $0.01 per sharae6,092$06,092D
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. 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.
/s/ Connor J. Egan, as attorney-in-fact06/04/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

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.