What specific RSU transactions did Calumet Director Stephen P. Mawer report on August 20, 2026, and what was their stated value?

Stephen P. Mawer, a Director of Calumet, Inc. (CLMT), reported two Restricted Stock Unit (RSU) transactions on August 20, 2026: he received 690 fully vested RSUs and an additional 230 RSUs scheduled to vest at a rate of 25% annually beginning July 1, 2027; both grants were valued at $0.00, as disclosed in the SEC Form 4 filing.

Why does the $0.00 valuation of the RSUs matter in this insider transaction filing?

The $0.00 valuation indicates that no cash consideration was exchanged and that the RSUs represent non-cash equity compensation awarded to the director — consistent with standard corporate governance practices where RSUs are granted at no out-of-pocket cost to the recipient and derive future value only upon vesting and subsequent market-based conversion into shares; the filing via Form 4 confirms these are disclosures of equity awards, not purchases or sales involving monetary transactions.

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Calumet Director Stephen P. Mawer reported two transactions involving Restricted Stock Units (RSUs) on August 20, 2026. The filings were made to the SEC via Form 4, indicating equity compensation awards with no immediate cash transactions.

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