Calumet, Inc. /DE — Director's Dealing 2025

Dec 5, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Calumet, Inc. /DE (CLMT)
CIK: 0002013745
Period of Report: 2025-12-04

Reporting Person: Schumacher Amy M (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-12-04	Common Stock, par value $0.01 per share	M	5053	—	Acquired	251093	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-12-04	Restricted Stock Unit	$	M	5053	Disposed		Common Stock, par value $0.01 per share (5053)	Direct

Footnotes

F1: Each Restricted Stock Unit is the economic equivalent of one share of Calumet, Inc. common stock, par value $0.01 per share.

F2: Each Restricted Stock Unit becomes payable either in the form of one share of Calumet, Inc. common stock, par value $0.01 per share, or the cash value thereof. Restricted Stock Units are 100% vested.