Heritage Group bought CLMT
May 15, 2026 · Form 4 insider transaction
Heritage Group bought 1,020,000 shares of Calumet, Inc. at $20.00 per share, a transaction worth $20.40M. The trade was recorded as exercise of in-the-money option and disclosed on an SEC Form 4, filed 4 days after the transaction.
Direction
Acquired (buy-side)
Shares
1,020,000
Price
$20.00
Total value
$20.40M
InsiderHeritage Group
Role10% owner
CompanyCalumet, Inc. (CLMT)
SecurityCommon Stock, par value $0.01 per share
Transaction codeX: Exercise of in-the-money option
Transaction dateMay 15, 2026
Filing dateMay 19, 2026
Shares owned after13,607,209
OwnershipDirect
10b5-1 planNo
AmendedNo
Footnotes
The reported transactions represent the cashless exercise and net settlement of warrants received in connection with the previously reported conversion of the Issuer to a corporation (resulting in the Issuer withholding 626,998 shares of Common Stock, par value $0.01 per share ("Common Stock") to pay the exercise price and issuing to the reporting person the remaining 393,002 shares of Common Stock).