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Board member at Elmet Group (ELMT) receives 1,429 restricted stock units in equity grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Deveaux Brian Thomas reported acquisition or exercise transactions in this Form 4 filing.

Elmet Group Co. director Brian Thomas Deveaux reported receiving a grant of 1,429 restricted stock units (RSUs) of common stock. These RSUs were awarded at no cash cost per unit and each RSU represents one share of common stock upon vesting.

The 1,429 RSUs vest on December 31, 2026, subject to Deveaux’s continued service with Elmet Group. Following this compensation grant, his reported direct holdings from this award total 1,429 shares-equivalent, reflecting a routine equity-based incentive for a board member.

Positive

  • None.

Negative

  • None.
Insider Deveaux Brian Thomas
Role null
Type Security Shares Price Value
Grant/Award Common Stock 1,429 $0.00 --
Holdings After Transaction: Common Stock — 1,429 shares (Direct, null)
Footnotes (1)
  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.
RSUs granted 1,429 units Restricted stock units of common stock granted to director
Grant price per unit $0.00 per share Stated transaction price for RSU award
Holdings after transaction 1,429 shares-equivalent Total reported direct holdings following this RSU grant
Vesting date December 31, 2026 RSUs vest subject to continued service
restricted stock units financial
"Comprised of restricted stock units ("RSU"), each of which represents the right to receive one share of Common Stock upon vesting."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSU financial
"Comprised of restricted stock units ("RSU"), each of which represents the right to receive one share of Common Stock upon vesting."
Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.
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.
Common Stock financial
"each of which represents the right to receive one share of Common Stock upon vesting."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Deveaux Brian Thomas
(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. Issuer Name and Ticker or Trading Symbol
Elmet Group Co. [ ELMT ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/19/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock05/19/2026A1,429(1)(2)A$01,429D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Comprised of restricted stock units ("RSU"), each of which represents the right to receive one share of Common Stock upon vesting.
2. 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.
/s/ Brian Thomas Deveaux05/21/2026
** Signature of Reporting PersonDate
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 4 (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 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Elmet Group (ELMT) director Brian Thomas Deveaux report on this Form 4?

Brian Thomas Deveaux reported receiving 1,429 restricted stock units of Elmet Group common stock. The award is equity compensation, carries no cash exercise price, and each RSU represents one share of common stock when it vests, increasing his equity-based position.

How many Elmet Group (ELMT) shares are tied to Brian Deveaux’s new RSU grant?

The grant covers 1,429 restricted stock units, each linked to one share of Elmet Group common stock. If fully vested and settled in stock, this award would translate into 1,429 shares added to his direct equity holdings reported in this filing.

When do Brian Deveaux’s 1,429 Elmet Group (ELMT) RSUs vest?

The 1,429 RSUs vest on December 31, 2026, subject to Brian Deveaux’s continued service with Elmet Group. Vesting means the units convert into the right to receive common stock, aligning his compensation with longer-term company performance.

Did Brian Deveaux buy or sell Elmet Group (ELMT) shares in this transaction?

This filing shows an acquisition through a grant of 1,429 restricted stock units, not an open-market buy or sale. The RSUs were awarded at a stated price of $0.00 per unit as equity compensation, rather than through a cash transaction on the market.

What are restricted stock units (RSUs) in the Elmet Group (ELMT) Form 4 filing?

Restricted stock units are a form of equity compensation representing the right to receive shares in the future. In this case, each of the 1,429 RSUs equals one Elmet Group common share upon vesting, contingent on Brian Deveaux’s continued service through December 31, 2026.