Executive Vice President - Chief Financial Officer · Calumet, Inc. (CLMT)

David Lunin

A named executive officer of Calumet in every fiscal year CompBrief holds from FY2024 to FY2025. Every figure below is printed as the company filed it and cited to the filing it came from.

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Total disclosed compensation, FY2025

$1,908,631

FY2024: $1,240,963

4th of 5 named executive officers at Calumet by FY2025 total.

5 named officers on file for Calumet, FY2025

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What this number hides

The filing gives the total. Calumet’s full Executive Compensation Report gives every award, the disclosed peer set and what the total leaves out — the pair adds the board’s.

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Compensation figures as of the proxy filed April 20, 2026 (DEF 14A).

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David Lunin compensation by year

Calumet Summary Compensation Table · all 2 fiscal years held
In US dollars, as Calumet reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2024FY2025
Salary$479,524$491,856
Bonus$239,762$0
Stock awards$384,823$799,826
Option awards$0$0
Non-equity incentive$0$595,877
Pension and deferred compensation$0$0
All other$136,854$21,072
Total$1,240,963$1,908,631

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: Calumet, Inc. DEF 14A filed April 20, 2026, accession 0001140361-26-015639, and prior-year filings. Open the filing on EDGAR.

How this page was built: the Calumet, Inc. filed document, accession 0001140361-26-015639. Every figure is read from that document and cited to the page and table it appears in. Filed April 20, 2026.

$1.2M
$1.9M
FY24
FY25
SalaryBonusNon-equity incentiveStock awardsAll other

Equity holdings

unvested awards at FY2025 year-end
TypeUnvested unitsValue at year-endExercise price
RSU90,355$1,795,354—
PSU4,253$84,507—

Per the Outstanding Equity Awards at Fiscal Year-End table in Calumet, Inc.'s FY2025 proxy; value at the fiscal year-end close, as the company printed it.

Change-in-control & termination

estimated payments Calumet discloses, by trigger · FY2025
TriggerCash severanceAccelerated equityBenefits continuationTotal as disclosed
Disability—$1,867,383—$2,059,901
Death—$1,867,383—$1,879,901
Change in control and involuntary termination$990,926$1,867,383$16,505$2,897,332
Retirement$0$0$0$12,518

Per the Potential Payments Upon Termination or Change in Control table in Calumet, Inc.'s FY2025 proxy. Estimates as the company printed them; a dash means it printed no figure.

Calumet’s named executive officers, FY2025

as the company reported each
Named executive officerRoleFY2025 total
Todd BorgmannPresident & Chief Executive Officer$6,799,276
Scott ObermeierPresident - Specialties$1,938,559
Bruce FlemingExecutive Vice President - Montana Renewables & Corporate Strategy$1,927,229
David Lunin · this pageExecutive Vice President - Chief Financial Officer$1,908,631
Gregory MoricalSenior Vice President, General Counsel & Secretary$1,301,391

David Lunin's compensation dossier, Calumet

You have read David Lunin's totals and holdings. The dossier adds each equity grant Calumet disclosed for David Lunin and Calumet's own disclosed peer group, where the company discloses them, with every row in a PDF and a CSV cited to its filing.

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The full Calumet compensation record

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This page is one person within Calumet's record. The company brief lists every named executive, each linking to their own page.

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Compensation, the day it’s disclosed

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How this record is built

Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are Calumet's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.

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David Lunin's compensation dossier