Elmet Group (ELMT) EVP awarded 35,357 RSUs, total 1,587,307 units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Knoll Scott W. reported acquisition or exercise transactions in this Form 4 filing.
Elmet Group Co. director and Executive Vice President Scott W. Knoll reported an equity compensation grant of 35,357 restricted stock units, each representing one share of Common Stock upon vesting. These RSUs vest, subject to his continued service, in approximately four equal annual tranches beginning on April 23, 2027. Following this award, he holds a total of 1,587,307 equity interests, comprised of 1,551,950 shares of Common Stock and 35,357 unvested RSUs with scheduled vesting dates from April 23, 2027 through April 23, 2030.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Knoll Scott W.
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 35,357 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 1,587,307 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 35,357 RSUs acquired by the Reporting Person vest, subject to the Reporting Person's continued service with The Elmet Group Co., as follows: 35,357 RSUs will vest annually in approximately four equal tranches beginning on April 23, 2027. Comprised of 1,551,950 shares of Common Stock and 35,357 unvested RSUs. The unvested RSUs will vest as follows: 8,839 RSUs will vest on April 23, 2027, 8,839 RSUs will vest on April 23, 2028, 8,839 RSUs will vest on April 23, 2029 and 8,840 RSUs will vest on April 23, 2030.
Key Figures
RSUs granted: 35,357 RSUs
Grant price: $0.00 per RSU
Total holdings after grant: 1,587,307 units
+4 more
7 metrics
RSUs granted
35,357 RSUs
Equity award to Executive Vice President Scott W. Knoll
Grant price
$0.00 per RSU
Stated transaction price for the RSU award
Total holdings after grant
1,587,307 units
Common Stock plus unvested RSUs following the transaction
Common Stock held
1,551,950 shares
Portion of total holdings in Common Stock
Unvested RSUs
35,357 RSUs
Included within total post-transaction holdings
First vesting date
April 23, 2027
RSUs begin vesting, subject to continued service
Annual vesting tranches
8,839 / 8,839 / 8,839 / 8,840 RSUs
Scheduled vesting on April 23 of 2027, 2028, 2029, 2030
Key Terms
restricted stock units ("RSU"), vest, continued service, unvested RSUs
4 terms
restricted stock units ("RSU") financial
"Comprised of restricted stock units ("RSU"), each of which represents the right to receive one share"
vest financial
"The 35,357 RSUs acquired by the Reporting Person vest, 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
"RSUs acquired by the Reporting Person vest, subject to the Reporting Person's continued service with The Elmet Group Co."
unvested RSUs financial
"Comprised of 1,551,950 shares of Common Stock and 35,357 unvested RSUs."
FAQ
What insider transaction did Elmet Group (ELMT) report for Scott W. Knoll?
Elmet Group reported that Executive Vice President and director Scott W. Knoll received a grant of 35,357 restricted stock units. Each RSU represents the right to receive one share of Common Stock upon vesting as part of his equity compensation package.
How many Elmet Group (ELMT) RSUs were granted to Scott W. Knoll and at what price?
Scott W. Knoll was granted 35,357 restricted stock units at a stated price of $0.00 per unit. This indicates a compensation award rather than an open-market purchase, with value realized as the underlying shares vest over time.
What is the vesting schedule for Scott W. Knoll’s new Elmet Group (ELMT) RSUs?
The 35,357 RSUs vest, subject to his continued service, in approximately four equal annual tranches starting April 23, 2027. Additional footnotes show specific vesting amounts on April 23, 2027, 2028, 2029, and 2030 for the unvested RSUs.
Are Scott W. Knoll’s Elmet Group (ELMT) RSUs subject to continued service conditions?
Yes. The 35,357 RSUs vest only if Scott W. Knoll continues his service with Elmet Group. The filing states that vesting occurs in approximately four equal annual tranches beginning April 23, 2027, conditioned on his ongoing employment or service.
Does this Elmet Group (ELMT) Form 4 show any stock sales by Scott W. Knoll?
No sales are reported in this Form 4. The filing shows a single acquisition transaction coded as a grant or award, reflecting 35,357 RSUs, with no open-market purchase or sale transactions disclosed in the provided data.