Elmet Group (ELMT) director receives 1,429 RSUs equity grant

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Leonard Kathie Merrill reported acquisition or exercise transactions in this Form 4 filing.

Elmet Group Co. director Leonard Kathie Merrill received a grant of 1,429 restricted stock units (RSUs) of Common Stock at no cash cost as equity compensation. These RSUs each represent one future share and will vest on December 31, 2026, assuming continued service. After this award, Merrill’s direct holdings total 6,429 equity interests, consisting of 5,000 shares of Common Stock and 1,429 unvested RSUs, highlighting a modest, service-based alignment with shareholder interests rather than an open-market purchase or sale.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Leonard Kathie Merrill

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	1,429	$0.00	--

Holdings After Transaction: Common Stock — 6,429 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 1,429 RSUs acquired by the Reporting Person vest on December 31, 2026, subject to the Reporting Person's continued service with The Elmet Group Co. Comprised of 5,000 shares of Common Stock and 1,429 RSUs, none of which are currently vested. The unvested RSUs will vest on December 31, 2026.

Key Figures

RSUs granted: 1,429 RSUs Grant price per share: $0.00 per share Total holdings after grant: 6,429 equity interests +2 more

5 metrics

RSUs granted 1,429 RSUs Grant of restricted stock units on May 19, 2026

Grant price per share $0.00 per share Equity compensation award, no cash paid by director

Total holdings after grant 6,429 equity interests Shares and RSUs following the May 19, 2026 transaction

Common shares held 5,000 shares Portion of total holdings that are Common Stock

RSU vesting date December 31, 2026 Vesting date for 1,429 granted RSUs

Key Terms

restricted stock units ("RSU"), vest, Common Stock

3 terms

restricted stock units ("RSU") financial

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

vest financial

"The 1,429 RSUs acquired by the Reporting Person vest on December 31, 2026, 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.

Common Stock financial

"Comprised of 5,000 shares of Common Stock and 1,429 RSUs, none of which are currently vested."

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Form 4 Insider Transactions: What Each Field Means →

05/21/2026 - 06:45 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^*

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)
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		1,429⁽¹⁾⁽²⁾	A	$0	6,429⁽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 1,429 RSUs acquired by the Reporting Person vest on December 31, 2026, subject to the Reporting Person's continued service with The Elmet Group Co.

3. Comprised of 5,000 shares of Common Stock and 1,429 RSUs, none of which are currently vested. The unvested RSUs will vest on December 31, 2026.

	/s/ Kathie Leonard	05/21/2026
	** 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) director Leonard Kathie Merrill report on this Form 4?

Leonard Kathie Merrill reported receiving a grant of 1,429 restricted stock units of Elmet Group Common Stock. The award is a form of equity compensation and does not involve an open-market stock purchase or sale.

How many Elmet Group (ELMT) RSUs did the director receive and when do they vest?

The director received 1,429 restricted stock units that vest on December 31, 2026. Vesting is contingent on continued service with Elmet Group Co. through that date, making this a time-based compensation award.

What are Leonard Kathie Merrill’s total reported holdings in Elmet Group (ELMT) after the grant?

After the grant, the director reports 6,429 equity interests in total. This consists of 5,000 shares of Common Stock and 1,429 unvested RSUs, according to the Form 4 footnote summary.

Did the Elmet Group (ELMT) director buy or sell shares in the market in this Form 4?

No, the Form 4 shows a grant of 1,429 RSUs at a price of $0.00 per share. This reflects a compensation-related award rather than an open-market stock purchase or sale transaction.

What conditions apply to the Elmet Group (ELMT) RSUs granted to the director?

The 1,429 RSUs vest on December 31, 2026, subject to the director’s continued service with Elmet Group Co. until that date. Until vesting, the RSUs do not represent fully owned, unrestricted shares.