Elmet Group (ELMT) CFO discloses 122,500 unvested restricted shares in Form 3 filing

Rhea-AI Filing Summary

Elmet Group Co. Chief Financial Officer Lee Michael Steven filed an initial ownership report showing holdings of 122,500 shares of common stock, all as unvested restricted stock. Of these, 73,500 shares vest upon consummation of the initial public offering, 24,500 shares vest on September 1, 2026, and 24,500 shares vest on September 1, 2027.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Lee Michael Steven

Role Chief Financial Officer

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

Holdings After Transaction: Common Stock — 122,500 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Reported holdings: 122,500 shares IPO-vesting tranche: 73,500 shares 2026 vesting tranche: 24,500 shares +1 more

4 metrics

Reported holdings 122,500 shares Unvested restricted common stock held by CFO

IPO-vesting tranche 73,500 shares Restricted stock vesting upon consummation of IPO

2026 vesting tranche 24,500 shares Restricted stock vesting on September 1, 2026

2027 vesting tranche 24,500 shares Restricted stock vesting on September 1, 2027

Key Terms

unvested restricted stock, initial public offering, vest

3 terms

unvested restricted stock financial

"Comprised of 122,500 shares of unvested restricted stock, including 73,500 shares..."

initial public offering financial

"73,500 shares of restricted stock that will vest upon the consummation of the initial public offering..."

An initial public offering (IPO) is when a private company first sells its shares to the public and becomes a stock-listed company. It matters because it allows the company to raise money from a wide range of investors, helping it grow, while giving early shareholders a way to sell some of their ownership.

vest financial

"24,500 shares of restricted that vests on September 1, 2026, and 24,500 shares of restricted stock that vests on September 1, 2027."

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

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^*

Lee Michael Steven

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

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	122,500(1)	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:

1. Comprised of 122,500 shares of unvested restricted stock, including 73,500 shares of restricted stock that will vest upon the consummation of the initial public offering, 24,500 shares of restricted that vests on September 1, 2026, and 24,500 shares of restricted stock that vests on September 1, 2027.

	/s/ Michael Steven Lee	04/22/2026
	** 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 (ELMT) Form 3 filing by the CFO show?

The Form 3 shows CFO Lee Michael Steven beneficially owns 122,500 shares of Elmet Group common stock as unvested restricted stock. These shares vest over time based on the IPO closing and later specific vesting dates.

How many Elmet Group (ELMT) shares does the CFO report owning?

CFO Lee Michael Steven reports beneficial ownership of 122,500 shares of Elmet Group common stock. All of these shares are unvested restricted stock that will vest in tranches tied to the IPO and later calendar vesting dates.

When do the CFO’s Elmet Group (ELMT) restricted shares vest?

Of the 122,500 unvested restricted shares, 73,500 vest upon consummation of the initial public offering. Another 24,500 shares vest on September 1, 2026, and a final 24,500 shares vest on September 1, 2027, subject to applicable conditions.

Is the Elmet Group (ELMT) Form 3 a buy or sell transaction?

This Form 3 is an initial ownership report, not a buy or sell. It simply discloses that the CFO beneficially owns 122,500 unvested restricted shares and details when those shares are scheduled to vest over future dates.

What type of equity is disclosed in the Elmet Group (ELMT) Form 3?

The filing discloses unvested restricted stock rather than options or ordinary open-market shares. All 122,500 reported shares are restricted and scheduled to vest upon the IPO’s consummation and on two later specific vesting dates.