Elmet Group (ELMT) director receives 1,429 RSUs vesting in 2026
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Homiller William Jacob reported acquisition or exercise transactions in this Form 4 filing.
Elmet Group Co. director William Jacob Homiller received a grant of 1,429 shares of Common Stock in the form of restricted stock units as compensation. These RSUs vest on December 31, 2026, contingent on his continued service with the company. Following this award, he holds a total of 90,898 shares and RSUs directly, combining 89,469 shares of Common Stock and 1,429 unvested RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Homiller William Jacob
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,429 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 90,898 shares (Direct, null)
Footnotes (1)
- Comprised of restricted stock units ("RSU"), each of which represents the right to receive one share of Common Stock upon vesting. The 1,429 RSUs acquired by the Reporting Person vest on December 31, 2026, subject to the Reporting Person's continued service with The Elmet Group Co. Comprised of 89,469 shares of Common Stock and 1,429 RSUs, none of which are currently vested. The unvested RSUs will vest on December 31, 2026.
Key Figures
RSU grant size: 1,429 RSUs
Grant price: $0.00 per share
Total holdings after: 90,898 shares/RSUs
+2 more
5 metrics
RSU grant size
1,429 RSUs
Grant of restricted stock units to director on May 19, 2026
Grant price
$0.00 per share
Equity compensation award, non-cash
Total holdings after
90,898 shares/RSUs
Direct ownership following the RSU award
Common shares held
89,469 shares
Common Stock directly held after the grant
RSU vesting date
December 31, 2026
Vesting date for 1,429 RSUs, subject to continued service
Key Terms
restricted stock units ("RSU"), vest, continued service
3 terms
restricted stock units ("RSU") financial
"Comprised of restricted stock units ("RSU"), each of which represents the right to receive one share of Common Stock upon vesting."
vest financial
"The 1,429 RSUs acquired by the Reporting Person vest on December 31, 2026, subject to the Reporting Person's continued service"
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.
continued service financial
"vest on December 31, 2026, subject to the Reporting Person's continued service with The Elmet Group Co."
FAQ
What did Elmet Group (ELMT) director William Jacob Homiller report in this Form 4?
He reported receiving 1,429 restricted stock units. The grant is a share-based compensation award, not an open-market purchase, and increases his direct holdings to a total of 90,898 shares and RSUs combined.
When do the 1,429 RSUs granted to the Elmet Group (ELMT) director vest?
The 1,429 RSUs vest on December 31, 2026. Vesting is subject to William Jacob Homiller’s continued service with Elmet Group Co. through that date, meaning he must remain in his role for the units to fully vest.
What are the Elmet Group (ELMT) director’s holdings after this RSU grant?
After the grant, he holds 90,898 shares and RSUs in total. This consists of 89,469 shares of Common Stock plus 1,429 unvested restricted stock units, all reported as directly owned in the filing.