Elmet Group (ELMT) CFO awarded 33,750 RSUs, lifting total equity to 156,250 shares

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Lee Michael Steven reported acquisition or exercise transactions in this Form 4 filing.

Elmet Group Co. Chief Financial Officer Lee Michael Steven received an equity award of 33,750 restricted stock units, each representing one share of common stock upon vesting. These RSUs vest in approximately four equal annual tranches starting on April 23, 2027, contingent on continued service.

After this grant, Steven holds 156,250 equity-linked shares, including 73,500 shares of common stock, 49,000 shares of unvested restricted common stock scheduled to vest on September 1, 2026 and September 1, 2027, and the 33,750 unvested RSUs with scheduled vesting dates through April 23, 2030.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Lee Michael Steven

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	33,750	$0.00	--

Holdings After Transaction: Common Stock — 156,250 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 33,750 RSUs acquired by the Reporting Person vest, subject to the Reporting Person's continued service with The Elmet Group Co., as follows: 33,750 RSUs will vest annually in approximately four equal tranches beginning on April 23, 2027. Comprised of 73,500 shares of Common Stock, 24,500 shares of unvested restricted Common Stock that will vest on September 1, 2026, 24,500 shares of unvested restricted Common Stock that will vest on September 1, 2027, and 33,750 unvested RSUs. The unvested RSUs will vest as follows: 8,437 RSUs will vest on April 23, 2027, 8,437 RSUs will vest on April 23, 2028, 8,437 RSUs will vest on April 23, 2029 and 8,439 RSUs will vest on April 23, 2030.

Key Figures

RSUs granted: 33,750 RSUs Holdings after transaction: 156,250 shares/units Common stock held: 73,500 shares +3 more

6 metrics

RSUs granted 33,750 RSUs Equity award to CFO on May 19, 2026

Holdings after transaction 156,250 shares/units Total equity-linked position following grant

Common stock held 73,500 shares Portion of total holdings in common stock

Unvested restricted stock 2026 24,500 shares Restricted common stock vesting on September 1, 2026

Unvested restricted stock 2027 24,500 shares Restricted common stock vesting on September 1, 2027

RSU annual tranches 8,437–8,439 RSUs Annual vesting amounts from April 23, 2027 to 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 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

"The 33,750 RSUs acquired by the Reporting Person vest, subject to the Reporting Person's continued service..."

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 73,500 shares of Common Stock, 24,500 shares of unvested restricted Common Stock that will vest on September 1, 2026..."

vesting financial

"33,750 RSUs will vest annually 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.

Form 4 Insider Transactions: What Each Field Means →

05/22/2026 - 04:30 PM

SEC Form 4

FORM 4

UNITED 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^*

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/19/2026

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

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/19/2026		A		33,750⁽¹⁾⁽²⁾	A	$0	156,250⁽³⁾	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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 33,750 RSUs acquired by the Reporting Person vest, subject to the Reporting Person's continued service with The Elmet Group Co., as follows: 33,750 RSUs will vest annually in approximately four equal tranches beginning on April 23, 2027.

3. Comprised of 73,500 shares of Common Stock, 24,500 shares of unvested restricted Common Stock that will vest on September 1, 2026, 24,500 shares of unvested restricted Common Stock that will vest on September 1, 2027, and 33,750 unvested RSUs. The unvested RSUs will vest as follows: 8,437 RSUs will vest on April 23, 2027, 8,437 RSUs will vest on April 23, 2028, 8,437 RSUs will vest on April 23, 2029 and 8,439 RSUs will vest on April 23, 2030.

	/s/ Michael Steven Lee	05/22/2026
	** 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 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) disclose in this Form 4 for its CFO?

Elmet Group reported that CFO Lee Michael Steven received 33,750 restricted stock units as an equity award. Each RSU represents one share of common stock that will be delivered as the award vests over several years, subject to his continued service.

How many Elmet Group (ELMT) RSUs were granted to the CFO and how do they vest?

The CFO received 33,750 restricted stock units. According to the filing, these RSUs vest in approximately four equal annual tranches beginning on April 23, 2027, with vesting conditioned on the executive’s continued service with Elmet Group Co. through each vesting date.

What is the CFO’s total Elmet Group (ELMT) equity position after this Form 4 transaction?

Following the award, the CFO holds 156,250 equity-linked shares. This total includes 73,500 common shares, 49,000 unvested restricted common shares vesting in 2026 and 2027, and 33,750 unvested RSUs scheduled to vest between April 2027 and April 2030.

Are the Elmet Group (ELMT) RSUs granted to the CFO immediately vested?

No. The 33,750 RSUs are unvested at grant and will vest over time. The filing states they vest in roughly four equal annual tranches starting April 23, 2027, and require the CFO’s continued service with Elmet Group Co. for vesting to occur.

What types of equity awards does the Elmet Group (ELMT) CFO now hold?

The CFO holds three types of equity: common stock, unvested restricted common stock, and unvested RSUs. The filing details 73,500 common shares, 49,000 unvested restricted common shares vesting in 2026 and 2027, and 33,750 RSUs vesting from 2027 through 2030.

Does this Elmet Group (ELMT) Form 4 reflect an open-market stock purchase by the CFO?

No. The transaction is coded as a grant or award acquisition of 33,750 RSUs at zero price. This indicates a compensation-related equity grant from the company rather than an open-market purchase of Elmet Group common stock by the CFO.