Elmet Group Co. (ELMT) director granted 1,429 restricted stock units as equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Woodward Peter H reported acquisition or exercise transactions in this Form 4 filing.
Elmet Group Co. director Peter H. Woodward received a grant of 1,429 shares of Common Stock in the form of restricted stock units. These RSUs were granted at no cash cost per share and increase his direct holdings to 1,429 shares after the transaction.
The 1,429 RSUs each represent the right to receive one share of Common Stock upon vesting. They are scheduled to vest on December 31, 2026, conditioned on Woodward’s continued service with Elmet Group Co. through that date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Woodward Peter H
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,429 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 1,429 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.
Key Figures
RSUs granted: 1,429 units
Grant price: $0.0000 per share
Shares after transaction: 1,429 shares
+1 more
4 metrics
RSUs granted
1,429 units
Restricted stock units representing common shares granted to director
Grant price
$0.0000 per share
Reported transaction price per share for RSU grant
Shares after transaction
1,429 shares
Total direct holdings following RSU grant
Vesting date
December 31, 2026
Scheduled vesting date of 1,429 RSUs
Key Terms
restricted stock units ("RSU"), vest, Common Stock, Grant, award, or other acquisition
4 terms
restricted stock units ("RSU") financial
"Comprised of restricted stock units ("RSU"), each of which represents the right"
vest financial
"The 1,429 RSUs acquired by the Reporting Person vest on December 31, 2026"
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
"represents the right to receive one share of Common Stock upon vesting"
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.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
FAQ
What did Elmet Group Co. director Peter H. Woodward report on this Form 4 for ELMT?
Peter H. Woodward reported receiving a grant of 1,429 restricted stock units of Elmet Group Co. common stock. These units were awarded at no cash cost and represent compensation that will convert into shares if vesting conditions are met.
What are the vesting terms of Peter H. Woodward’s 1,429 RSUs in ELMT?
The 1,429 restricted stock units vest on December 31, 2026, if Woodward continues serving with Elmet Group Co. through that date. Upon vesting, each RSU entitles him to receive one share of the company’s common stock.
Was the Elmet Group Co. RSU grant to Peter H. Woodward an open-market purchase?
No, the transaction was a grant or award, not an open-market purchase. The Form 4 classifies it under code “A” for grant or award, with a price per share of $0.0000, indicating compensation rather than buying shares in the market.
What is Peter H. Woodward’s direct ownership in Elmet Group Co. after this RSU grant?
After the grant, his total reported direct holdings are 1,429 shares of common stock. These are represented by the 1,429 restricted stock units that will convert into actual shares only when they vest on December 31, 2026.