BORGMANN LOUIS TODD (CHIEF EXECUTIVE OFFICER) exercised options at CALUMET, INC. /DE
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 3/11/2026ACC: 0001823742-26-000002
Officer· CHIEF EXECUTIVE OFFICER
Since Feb 2026
-21.80K
Net shares
Net seller
$0.00
Total acquired
0
Open market trades
0B · 0S
3
Total transactions
49.97K acquired · 71.77K disposed
Non-Derivative Transactions2
Common Stock, par value $0.01 per share
Direct
Shares
+49.97K
Price / share
—
Trade value
—
% of position
21.2%
3/9/2026
235.57K→285.54K
Common Stock, par value $0.01 per share
Direct
Shares
−21.80K
Price / share
—
Trade value
—
% of position
7.6%
3/9/2026
285.54K→263.74K
Total
Net shares
+28.18K
Net value
$0.00
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.01 per share Direct | 3/9/2026 | M · Option Exercise | +49.97K | — | — | 21.2% | 235.57K | 285.54K |
| Common Stock, par value $0.01 per share Direct | 3/9/2026 | F · Tax Withholding | −21.80K | — | — | 7.6% | 285.54K | 263.74K |
| Total | +28.18K | $0.00 | ||||||
Derivative Transactions1
Restricted Stock Unit
Direct
Converts to
Common Stock, par value $0.01 per share
49.97K shares
Shares
−49.97K
Strike price
Held after
0.00
Exercisable
—
3/9/2026
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Stock Unit Direct | Common Stock, par value $0.01 per share49.97K shares | 3/9/2026 | M · Option Exercise | −49.97K | — | 0.00 |