Heritage Group (10% owner) sold 626,998 shares of CLMT for $20.4M on 2026-05-15; retains 12.98M shares.
Heritage Group, a 10% stakeholder in Calumet, Inc., executed a sale of 626,998 shares valued at $20,400,006.93, reducing its position by -4.6% to 12,980,211 shares. The transaction occurred at $32.54 per share while the company trades at $32.23 currently, -12.8% from its 52-week high of $36.94. The sale is notable given that Calumet reported a net income of $-317,000,000.00 over its most recent full fiscal year, indicating substantial ongoing losses despite $1,029,700,000.00 in quarterly revenue. A 10% owner's partial position reduction amid unprofitability and negative annual results warrants investor attention to the broader context of the company's financial trajectory and strategic positioning.