Elmet Group (NYSE: ELMT) CHRO receives multi-year restricted stock unit awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Elmet Group Co.'s Chief Human Resources Officer David Anthony Carpenter reported receiving equity-based compensation in the form of restricted stock units (RSUs) tied to the company’s Common Stock. He acquired 10,000 RSUs that vest on the one-year anniversary of the May 19, 2026 grant date, subject to continued service.
He also acquired 18,857 RSUs that will vest in approximately four equal tranches beginning on April 23, 2027, also contingent on continued service. Following these grants, his reported holdings include 20,000 shares of unvested restricted Common Stock scheduled to vest on October 15, 2028 and 28,857 unvested RSUs with vesting dates from April 23, 2027 through April 23, 2030.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Carpenter David Anthony
Role
Chief Human Resources Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 10,000 | $0.00 | -- |
| Grant/Award | Common Stock | 18,857 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 30,000 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 10,000 RSUs acquired by the Reporting Person vest on the one-year anniversary of the grant date, subject to the Reporting Person's continued service with The Elmet Group Co. The 18,857 RSUs acquired by the Reporting Person vest, subject to the Reporting Person's continued service with The Elmet Group Co., as follows: 18,857 RSUs will vest in approximately four equal tranches beginning on April 23, 2027. Comprised of 20,000 shares of unvested restricted Common Stock, which will vest on October 15, 2028, and 28,857 unvested RSUs. The unvested RSUs will vest as follows: 10,000 RSUs will vest on May 19, 2027, 4,714 RSUs will vest on April 23, 2027, 4,714 RSUs will vest on April 23, 2028, 4,714 RSUs will vest on April 23, 2029 and 4,715 RSUs will vest on April 23, 2030.
Key Figures
RSUs granted (1-year vest): 10,000 RSUs
RSUs granted (multi-year vest): 18,857 RSUs
Shares following transaction (first line): 48,857 shares
+3 more
6 metrics
RSUs granted (1-year vest)
10,000 RSUs
Vesting on one-year anniversary of May 19, 2026 grant date
RSUs granted (multi-year vest)
18,857 RSUs
Vesting in approximately four equal tranches beginning April 23, 2027
Shares following transaction (first line)
48,857 shares
Total shares of Common Stock reported following one of the RSU grants
Shares following transaction (second line)
30,000 shares
Total shares of Common Stock reported following the other RSU grant
Unvested restricted stock
20,000 shares
Unvested restricted Common Stock scheduled to vest on October 15, 2028
Unvested RSUs total
28,857 RSUs
Unvested RSUs vesting between April 23, 2027 and April 23, 2030
Key Terms
restricted stock units, RSU, unvested restricted Common Stock, vesting
4 terms
restricted stock units financial
"Comprised of restricted stock units ("RSU"), each of which represents the right to receive one share"
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
"The 10,000 RSUs acquired by the Reporting Person vest on the one-year anniversary of the grant date"
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.
unvested restricted Common Stock financial
"Comprised of 20,000 shares of unvested restricted Common Stock, which will vest on October 15, 2028"
vesting financial
"will vest in approximately four equal tranches beginning on April 23, 2027"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider transaction did Elmet Group Co. (ELMT) report for David Anthony Carpenter?
Elmet Group Co. reported that Chief Human Resources Officer David Anthony Carpenter received grants of restricted stock units. These RSU awards are equity compensation, not open-market purchases, and are subject to service-based vesting conditions over future dates.
How many Elmet Group Co. (ELMT) RSUs did David Anthony Carpenter acquire?
David Anthony Carpenter acquired 10,000 restricted stock units and 18,857 restricted stock units tied to Elmet Group Co. common stock. These RSUs provide the right to receive shares upon vesting, aligning his compensation with the company’s long-term performance.
When do the new Elmet Group Co. (ELMT) RSU grants to David Anthony Carpenter vest?
The 10,000 RSUs vest on the one-year anniversary of the May 19, 2026 grant date. The 18,857 RSUs vest in roughly four equal tranches beginning April 23, 2027, each tranche requiring David Anthony Carpenter’s continued service with Elmet Group Co.
What unvested Elmet Group Co. (ELMT) equity does David Anthony Carpenter hold after these grants?
After these grants, David Anthony Carpenter’s reported position includes 20,000 shares of unvested restricted common stock vesting October 15, 2028 and 28,857 unvested RSUs, scheduled to vest on several dates between April 23, 2027 and April 23, 2030.
Are David Anthony Carpenter’s Elmet Group Co. (ELMT) RSU grants open-market purchases?
No, the transactions are classified as grants or awards of restricted stock units at no purchase price. They represent stock-based compensation from Elmet Group Co., rather than discretionary buying of ELMT shares in the open market.
What conditions apply to the Elmet Group Co. (ELMT) RSUs granted to David Anthony Carpenter?
The RSUs vest only if David Anthony Carpenter continues his service with Elmet Group Co. through the specified vesting dates. Each RSU converts into one share of common stock upon vesting, reflecting typical service-based equity compensation terms.