Deveaux Brian Thomas 4

What Happened

• Brian Thomas Deveaux, a director of The Elmet Group Co. (ELMT), received an award of 1,429 restricted stock units (RSUs) on May 19, 2026. The grant shows an acquisition price of $0.00 (typical for RSU awards), meaning these are compensation units that convert to shares upon vesting rather than an open-market purchase.

Key Details

• Transaction date: 2026-05-19; Filing date: 2026-05-21 (timely Form 4 filing).
• Award: 1,429 RSUs; Reported acquisition price: $0.00; reported total value: $0 at grant (economic value realized only when RSUs vest and convert to shares).
• Vesting: The 1,429 RSUs vest on December 31, 2026, subject to Deveaux’s continued service with the company (footnotes F1 and F2).
• Shares owned after transaction: Not specified in the provided summary.
• No 10b5-1 plan, tax-withholding sale, or late-filing flag noted in the provided filing.

Context

• RSUs are a common form of equity compensation for directors and executives. They represent a promise to deliver shares in the future (one share per RSU on vesting here) and are not immediately tradable until vesting and any required withholding are satisfied.
• This award is a compensation grant rather than a market purchase or sale; it should be interpreted as part of director pay and not a direct, immediate market bet by the insider.