Major holder George P. Schott reports 5.1M ELMT shares on Form 3

Rhea-AI Filing Summary

Elmet Group Co. insider George P. Schott filed an initial ownership report showing a large existing stake in the company. The Form 3 lists direct beneficial ownership of 5,100,009 shares of Elmet Group Co. common stock, reflecting his status as a ten percent owner rather than a new purchase or sale.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Schott George P.

Role null

Type	Security	Shares	Price	Value
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 5,100,009 shares (Direct, null)

Footnotes (1)

Key Figures

Common shares owned: 5,100,009 shares

1 metrics

Common shares owned 5,100,009 shares Direct beneficial ownership reported on Form 3

Key Terms

Form 3, ten percent owner, beneficial ownership

3 terms

Form 3 regulatory

"filed an initial ownership report showing a large existing stake"

Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.

ten percent owner regulatory

"reflecting his status as a ten percent owner rather than a new purchase"

beneficial ownership financial

"initial statement of beneficial ownership, listing 5,100,009 common shares"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

Understanding Insider Trading Forms →

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Schott George P.

(Last) (First) (Middle)

C/O THE ELMET GROUP CO.

2 PORTLAND FISH PIER, SUITE 214

(Street)

PORTLAND MAINE 04101

(City) (State) (Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
04/22/2026

3. Issuer Name and Ticker or Trading Symbol
Elmet Group Co. [ ELMT ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	5,100,009	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/ George Schott	05/04/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does the Elmet Group Co. (ELMT) Form 3 filing by George P. Schott show?

The Form 3 shows that George P. Schott is a ten percent owner of Elmet Group Co. common stock. It reports his existing direct beneficial ownership of 5,100,009 shares, establishing his large stake but not indicating any new purchase or sale activity.

How many Elmet Group Co. (ELMT) shares does George P. Schott report on Form 3?

George P. Schott reports direct beneficial ownership of 5,100,009 shares of Elmet Group Co. common stock. This figure represents his holdings after the reported date and confirms his status as a significant shareholder and ten percent owner of the company.

Does the Elmet Group Co. (ELMT) Form 3 indicate that George P. Schott bought or sold shares?

The Form 3 does not indicate any specific share purchases or sales. Instead, it records an initial statement of beneficial ownership, listing 5,100,009 common shares held directly by George P. Schott as of the reported date without identifying transaction activity.

What is the significance of George P. Schott being a ten percent owner of Elmet Group Co. (ELMT)?

Being a ten percent owner means George P. Schott holds at least ten percent of Elmet Group Co.’s common stock. This status triggers additional SEC reporting obligations, such as filing a Form 3 to disclose his beneficial ownership and future Forms 4 for most subsequent transactions.

Is George P. Schott’s ownership in Elmet Group Co. (ELMT) direct or indirect?

The Form 3 identifies George P. Schott’s ownership as direct. It reports 5,100,009 shares of Elmet Group Co. common stock with a direct ownership code, indicating the shares are held in his name rather than solely through an intermediary entity or indirect structure.