Elmet Group (ELMT) grants 50,584 RSUs to 10% owner Derek Fox

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.

Insider Trade Summary

Net Buyer: 50,584 shares

Net Buy 1 txn

Insider Fox Derek Scott

Role President, CMC Division

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	50,584	$0.00	$0.00

Holdings After Transaction: Common Stock — 834,648 shares (Direct)

Footnotes (3)

1. F1. Comprised of restricted stock units ("RSU"), each of which represents the right to receive one share of Common Stock upon vesting.
2. F2. 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.
3. F3. 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.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 05/22/2026 - 04:30 PM Learn about SEC filing dates

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.

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^*

Fox Derek Scott

(Last) (First) (Middle)

C/O THE ELMET GROUP

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)
	President, CMC Division

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/19/2026		A		50,584(1)(2)	A	$0	834,648(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

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 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.

3. 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.

	/s/ Derek Fox	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)