CLMT Insider Trading

Calumet Inc. (CLMT) operates in the Basic Materials sector, specifically the Chemicals - Specialty industry, with a market capitalization near $5.11B, listed on NASDAQ, employing roughly 1,540 people, carrying a beta of 0.78 to the broader market. Calumet, Inc. Led by Louis Todd Borgmann, public since 2006-01-26.

In the last 12 months, Calumet Inc. insiders made 0 buy transactions and 13 sale transactions.

DateNameTypeSharesPriceValue
Sep 28, 2026Borgmann Louis ToddM-Exempt107,428$0.00$0
Sep 28, 2026Borgmann Louis ToddF-InKind46,901$0.00$0
Sep 28, 2026Borgmann Louis ToddM-Exempt107,428$0.00$0
Sep 28, 2026Fleming Bruce AM-Exempt107,428$0.00$0
Sep 28, 2026Fleming Bruce AF-InKind42,190$0.00$0
Sep 28, 2026Fleming Bruce AM-Exempt107,428$0.00$0
Sep 28, 2026Morical Gregory JM-Exempt30,694$0.00$0
Sep 28, 2026Morical Gregory JF-InKind13,560$0.00$0
Sep 28, 2026Morical Gregory JM-Exempt30,694$0.00$0
Sep 28, 2026Mawer Stephen PM-Exempt61,387$0.00$0

CLMT Insider Activity by Quarter

Reported Form 4 and Form 5 lines under CLMT's own SEC company ID, by transaction date, back to Q4 2024. Purchases and sales are code P / S (open market or private) in the company's shares; other lines are purchases and sales of other securities (options, warrants, preferred), awards, exercises, tax withholding, gifts and other acquisitions and dispositions. Later filings and amendments can change the current quarter. Earlier quarters are not shown: the filings read reach back to Aug 8, 2022, and a quarter counts only when every filing for it was read. 203 lines filed under another SEC company ID are not counted.

QuarterPurchasesBoughtSalesSoldOther Lines
Q4 2026 (so far)0N/A0N/A0
Q3 20260N/A2$153.3K (1 of 2 priced)39
Q2 20260N/A2$20.5M20
Q1 20260N/A0N/A42
Q4 20250N/A3N/A (0 of 3 priced)22
Q3 20250N/A1$31.5K8
Q2 20250N/A16$5.4M (12 of 16 priced)48
Q1 20251$32.6K4$367.9K (3 of 4 priced)48
Q4 20240N/A6$6.6M31

Filings Under Another SEC Company ID

203 filing lines on file were filed under an SEC company ID (CIK) other than CLMT's (2013745). Such a filing can be a predecessor company's (one that reorganized, redomiciled or converted files under a new CIK), a former holder of the CLMT ticker's, or another company's that CLMT or its insiders report holding; the CIK alone does not say which. They are not counted in the figures above.

CIKLinesDatesSecurities
1340122203Aug 2, 2022 to May 15, 2024Common Units, Phantom Unit, Phantom Units

CLMT Institutional Ownership (13F)

As of Jun 30, 2026 (Q2 2026), 188 institutions reported holding 46,035,061 CLMT shares, valued at $1.66B as reported, 54.3% of its market cap (market cap of Jun 26, 2026). That is +7 institutions from the quarter before. Among managers whose reports for both quarters are comparable, 35 opened a position, 29 closed one, 70 added and 54 trimmed.

Top Holders, Q2 2026

ManagerSharesValueChange
Two Seas Capital LP6,619,708$238.4M+659,416
BlackRock, Inc.5,234,106$188.5M+253,578
Wasserstein Management, L.P.3,964,893$142.8M-608,470
STATE STREET CORP3,471,065$125.0M+390,906
VANGUARD CAPITAL MANAGEMENT LLC3,453,911$124.4M+18,517
Adams Asset Advisors, LLC2,006,206$72.3M-1,196,026
GEODE CAPITAL MANAGEMENT, LLC1,962,286$70.7M+89,427
BARCLAYS PLC1,409,773$50.8M+731,860
VANGUARD PORTFOLIO MANAGEMENT LLC1,025,321$36.9M+95,069
BANK OF AMERICA CORP /DE/981,353$35.3M-172,391

By Quarter

QuarterInstitutionsSharesValue
Q2 202618846,035,061$1.66B
Q1 202618145,447,573$1.63B
Q4 202514045,056,170$895.1M
Q3 202514945,512,841$830.6M
Q2 202513444,694,895$704.2M
Q1 202512939,712,792$503.5M
Q4 202412337,019,468$815.1M
Q3 20249132,112,648$570.5M
Q2 2024*6824,236,664$389.0M

* Q2 2024: 1 with shares on another basis (not in the shares).

From the SEC's Form 13F data sets: investment managers with $100 million or more in Section 13(f) securities report their holdings each quarter, up to 45 days after it ends; a restated filing replaces the original, and values are as the managers reported them (a position whose price runs about 1,000 times below other managers', from a manager whose positions mostly do, is read as reported in thousands of dollars). The same shares can be reported by more than one manager, so totals can count some twice.

ETFs Holding CLMT

FundWeight of CLMTShares (as reported)Value (as reported)Source updated
VTI Vanguard Morningstar Total Stock Market ETF0.01%2,635,606$131.1MOct 7, 2026
IWM iShares Russell 2000 ETF0.13%1,820,994$102.5MOct 8, 2026
XOP State Street SPDR S&P Oil & Gas Exploration & Production ETF1.97%1,421,343$81.9MOct 8, 2026
VXF Vanguard Extended Market ETF0.04%749,333$37.3MOct 7, 2026
IWO iShares Russell 2000 Growth ETF0.19%482,775$27.2MOct 8, 2026
VDE Vanguard Energy ETF0.18%469,924$23.4MOct 7, 2026
SCHA Schwab U.S. Small-Cap ETF0.09%370,152$20.5MOct 8, 2026
VTWO Vanguard Russell 2000 ETF0.11%397,671$19.8MOct 7, 2026
CRAK VanEck Oil Refiners ETF1.46%177,351$10.0MOct 8, 2026
FYC First Trust Small Cap Growth AlphaDEX Fund0.69%163,284$9.2MOct 8, 2026
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF0.73%135,393$7.6MOct 8, 2026
FTXN First Trust Nasdaq Oil & Gas ETF0.57%111,967$6.3MOct 8, 2026
PSC Principal U.S. Small-Cap Multi-Factor ETF0.19%92,484$5.2MOct 8, 2026
ITOT iShares Core S&P Total U.S. Stock Market ETF0.01%92,012$5.2MOct 8, 2026
IEO iShares U.S. Oil & Gas Exploration & Production ETF0.59%83,356$4.7MOct 8, 2026

From each fund's latest holdings file on record that shows CLMT's listed security itself. A file counts when its line count is consistent with the fund's reported holdings count (at most twice it plus 10, or at most 1,000 lines for a reported count of exactly 10, which the data source gives many funds as a cap), read with that file or inherited from the fund's last classified file (within 20% of its line count, read within 60 days). Funds whose line for the company could not be confirmed as CLMT's listed security, or that hold it through underlying funds (look-through), are not listed. Only long positions count: a fund is left out when any of its lines for CLMT reports a negative weight, share count or value, or none of them above zero (a short position, or figures that disagree). Shares, value and weight are as reported in each fund's file, dated by the data source's last update of that file (not the date of the positions); the weight is CLMT's share of that fund.

How to Read CLMT Insider Activity

Net insider sentiment skews to the sell side over the trailing twelve months: 13 sales versus 0 buys. Insider sales carry less informational weight than buys because they are often driven by liquidity, tax planning, or pre-scheduled Rule 10b5-1 trading plans rather than negative information. The transaction type alone does not say whether a sale was made on the open market or privately, or under a 10b5-1 plan; the filing's plan checkbox and footnotes do. The transaction table above includes the filer's reporting name, transaction type, share count, per-share price, and total dollar value where computable. For options traders, insider activity is one input to event-driven sizing alongside earnings calendar, analyst-rating cluster moves, and the implied-vol surface. Form 4 filings (the dominant Section 16 reporting form) must be submitted within two business days of the transaction; clusters of buys across multiple insiders within a short window are the strongest informational pattern. SEC EDGAR carries the underlying source filings for verification and additional historical depth.

Learn how insider trading is reported and how to read the data →

Frequently asked CLMT insider trading questions

How active are CLMT insiders right now?
Over the trailing twelve months, Calumet Inc. (CLMT) insiders made 0 buy transactions and 13 sale transactions. Net insider sentiment over the trailing twelve months tilts to the sell side (13 sales vs 0 buys). The transaction list above shows the most recent filings; each entry includes the insider's name, transaction type, share count, and per-share price.
What counts as an insider transaction?
Section 16 of the Securities Exchange Act requires officers, directors, and 10% beneficial-owner shareholders to disclose changes in their holdings via Form 3 (initial statement), Form 4 (subsequent transactions, filed within two business days), and Form 5 (annual catch-up). Insider transactions cover open-market purchases and sales, exercise of stock options, gifts, and grants. The "transaction type" field on each row distinguishes these subcategories.
Are CLMT insider buys a bullish signal?
Insider purchases (Type P, made on the open market or privately; the code covers both) carry more informational weight than insider sales: an insider must commit personal capital, and the SEC scrutinizes purchases under Rule 10b5-1 for material non-public information. Sales, by contrast, are often driven by liquidity, tax planning, or pre-scheduled 10b5-1 trading plans rather than negative information. Cluster buying (multiple insiders buying within a short window) is a stronger signal than isolated buys.
How do CLMT insider transactions affect options pricing?
Insider transaction data does not directly drive implied volatility, but Form 4 disclosures can move single-name IV if the size or timing is unusual (e.g. a large CEO buy ahead of an earnings window). Options markets price the marginal informational content; routine transactions under pre-scheduled plans are typically ignored. For event-driven options sizing, pair the insider transaction history with the upcoming earnings calendar.