Director in Elmet Group (ELMT) buys 5,000 IPO program shares

Rhea-AI Filing Summary

Elmet Group Co. director Leonard Kathie Merrill purchased 5,000 shares of Elmet Group common stock at $14.00 per share in an open-market transaction. After this transaction, Merrill directly holds 5,000 shares. The shares were bought through a directed share program conducted in connection with Elmet Group’s initial public offering.

Insider Trade Summary

Net Buyer: 5,000 shares ($70,000)

Net Buy 1 txn

Insider Leonard Kathie Merrill

Role null

Bought 5,000 shs ($70K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	5,000	$14.00	$70K

Holdings After Transaction: Common Stock — 5,000 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares purchased: 5,000 shares Purchase price: $14.00 per share Shares owned after transaction: 5,000 shares +1 more

4 metrics

Shares purchased 5,000 shares Common Stock bought on 2026-04-22

Purchase price $14.00 per share Open-market purchase price

Shares owned after transaction 5,000 shares Direct holdings following the reported trade

Transaction type Open-market purchase (Code P) Non-derivative common stock transaction

Key Terms

directed share program, initial public offering, open-market purchase

3 terms

directed share program financial

"purchased by the Reporting Person through the directed share program conducted"

initial public offering financial

"directed share program conducted in connection with the Issuer's initial public offering"

An initial public offering (IPO) is when a private company first sells its shares to the public and becomes a stock-listed company. It matters because it allows the company to raise money from a wide range of investors, helping it grow, while giving early shareholders a way to sell some of their ownership.

open-market purchase financial

"transaction_action: open-market purchase"

An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.

Form 4 Insider Transactions: What Each Field Means →

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^*

Leonard Kathie Merrill

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/22/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/22/2026		P		5,000(1)	A	$14	5,000	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents shares of common stock purchased by the Reporting Person through the directed share program conducted in connection with the Issuer's initial public offering.

	/s/ Kathie Leonard	04/24/2026
	** 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)

FAQ

What insider transaction did Elmet Group (ELMT) report in this Form 4?

Elmet Group reported that director Leonard Kathie Merrill bought 5,000 shares of common stock. The shares were acquired in an open-market purchase at $14.00 per share and were part of a directed share program tied to the company’s initial public offering.

How many Elmet Group (ELMT) shares did the director own after the transaction?

After the transaction, director Leonard Kathie Merrill directly owned 5,000 shares of Elmet Group common stock. This equals the full amount purchased in the reported trade, indicating this filing reflects the director’s entire disclosed direct holding after the transaction.

At what price did the Elmet Group (ELMT) director buy the shares?

The director purchased Elmet Group common stock at $14.00 per share. This price applied to all 5,000 shares acquired in the open-market transaction reported, which was executed through the company’s directed share program associated with its initial public offering.

What does the footnote reveal about the Elmet Group (ELMT) share purchase?

The footnote explains that the 5,000 shares were bought through a directed share program conducted with Elmet Group’s initial public offering. This means the director’s participation was linked to the IPO allocation structure rather than a separate special arrangement.

Is the Elmet Group (ELMT) director’s ownership direct or indirect after this trade?

The filing shows that Leonard Kathie Merrill’s 5,000-share position is held as direct ownership. The ownership code is listed as “D” for direct, and there is no indication of intermediating entities such as trusts, LLCs, or partnerships in the reported holdings.