Leonard Kathie Merrill 4

What Happened Leonard Kathie Merrill, a director of The Elmet Group Co. (ELMT), was granted 1,429 restricted stock units (RSUs) on May 19, 2026. The RSUs were awarded at $0.00 per unit (no cash exchanged) and thus have no immediate sale value; they represent the right to receive one share of common stock per RSU upon vesting.

Key Details

• Transaction date: 2026-05-19; Form 4 filed: 2026-05-21 (filed two days after the grant).
• Award: 1,429 RSUs granted at $0.00 (acquisition code A).
• Shares beneficially owned after transaction: 5,000 shares of Common Stock plus 1,429 unvested RSUs (per filing).
• Vesting: The 1,429 RSUs vest on December 31, 2026, subject to continued service (footnotes F1–F3).
• No 10b5-1 plan, tax-withholding, or immediate sale noted in the filing.

Context RSUs are a form of compensation that convert to actual shares only if and when they vest; they do not require an immediate cash outlay and are not the same as an open-market purchase. Such grants are typically retention or incentive awards and do not necessarily indicate the insider’s personal view on the company’s stock. This Form 4 appears to have been filed within the normal two-business-day window after the transaction.