CLMT Form 4: Director John G. Boss Receives Restricted Stock Units
Rhea-AI Filing Summary
Calumet, Inc. (CLMT) – Form 4 insider filing
Director John G. Boss reported the acquisition of 644 restricted stock units (RSUs) on 05 Aug 2025. The filing lists two grants: 483 fully-vested RSUs that will settle on the earlier of a specified date or the director’s termination, and 161 RSUs issued under the company’s Deferred Compensation Plan, vesting 25 % annually beginning 01 Jul 2026. Each RSU converts 1-for-1 into common stock at $0 cost and is held directly by the director.
No shares were sold or transferred, so Mr. Boss’ beneficial ownership in Calumet increased by the same amount. The award appears to be routine director compensation and does not involve open-market transactions.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine RSU grant; immaterial to valuation, mildly confidence-building as no sales occurred.
The Form 4 discloses a director-level equity award totaling 644 RSUs, a very small fraction of Calumet’s outstanding shares. As the transaction code is “A” and priced at $0, the event represents standard board compensation rather than active insider buying. The absence of any disposals removes immediate negative signaling, yet the scale is too small to materially influence share count, earnings dilution, or investor sentiment. I classify the filing as informational, not market-moving.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 483 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 161 | $0.00 | -- |
Footnotes (1)
- Each Restricted Stock Unit is the economic equivalent of one share of Calumet, Inc. common stock, par value $0.01 per share. Each Restricted Stock Unit will become settled upon the earlier of the date specified by the reporting person or the reporting person's termination date. Restricted Stock Units are 100% vested. Each Restricted Stock Unit will be settled upon the earlier of the date specified by the reporting person or the reporting person's termination date pursuant to the Deferred Compensation Plan. 25% of the Restricted Stock Units vest on July 1 of each year beginning on July 1, 2026.