[Form 4] Elmet Group Co. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Fox Derek Scott reported acquisition or exercise transactions in this Form 4 filing.
Elmet Group Co. reported that Derek Scott Fox, President of its CMC Division, received a grant of 50,584 restricted stock units (RSUs), each representing one share of Common Stock upon vesting. These RSUs vest in four equal annual tranches starting on April 23, 2027, subject to his continued service.
After this award, he holds 834,648 equity-based interests, comprised of 455,674 shares of Common Stock, 328,390 shares of unvested restricted stock scheduled to vest on October 20, 2026, and 50,584 unvested RSUs vesting between April 2027 and April 2030. The transaction is a compensation grant, not an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Fox Derek Scott
Role
President, CMC Division
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 50,584 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 834,648 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 50,584 RSUs acquired by the Reporting Person vest, subject to the Reporting Person's continued service with The Elmet Group Co., as follows: 50,584 RSUs will vest annually in four equal tranches beginning on April 23, 2027. Comprised of 455,674 shares of Common Stock, 328,390 shares of unvested restricted stock which will vest on October 20, 2026, and 50,584 unvested RSUs. The unvested RSUs will vest as follows: 12,646 RSUs vest on April 23, 2027, 12,646 RSUs will vest on April 23, 2028, 12,646 RSUs will vest on April 23, 2029 and 12,646 RSUs will vest on April 23, 2030.
FAQ
What insider transaction did Elmet Group Co. (ELMT) report for Derek Scott Fox?
Elmet Group Co. reported that Derek Scott Fox received a grant of 50,584 restricted stock units. Each RSU represents one share of Common Stock, forming part of his equity compensation rather than an open-market stock purchase.
How do the 50,584 RSUs granted to Elmet’s Derek Scott Fox vest?
The 50,584 RSUs granted to Derek Scott Fox vest in four equal annual tranches beginning April 23, 2027. Vesting is contingent on his continued service with Elmet Group Co., extending through April 23, 2030.
What are Derek Scott Fox’s total Elmet Group Co. holdings after this Form 4 transaction?
Following this grant, Derek Scott Fox holds 834,648 equity interests in Elmet Group Co. This consists of 455,674 shares of Common Stock, 328,390 unvested restricted shares, and 50,584 unvested RSUs with future vesting dates.
Is the Elmet (ELMT) Form 4 transaction an open-market stock purchase?
No, the Form 4 shows a compensation-related grant, not an open-market purchase. Derek Scott Fox acquired 50,584 RSUs at a price of $0.0000 per unit, reflecting a stock-based award rather than cash-funded buying.
When will Derek Scott Fox’s existing unvested restricted stock in Elmet vest?
The filing states that 328,390 shares of unvested restricted stock held by Derek Scott Fox will vest on October 20, 2026. This restricted stock is separate from the newly granted RSUs that vest between 2027 and 2030.