Chandler John Merton 4

What Happened

• Chandler John Merton, a director of The Elmet Group Co. (ELMT), was granted 1,429 restricted stock units (RSUs) on 2026-05-19. The grant shows an acquisition price of $0.00 (award), so no cash was paid. The reported value at grant is $0 on the Form 4 filing because RSUs are awards that convert to shares upon vesting.

Key Details

• Transaction date: 2026-05-19; Filing date: 2026-05-21 (filed within the typical 2-business-day Form 4 window).
• Transaction type/code: Award/Grant (A) — 1,429 RSUs acquired at $0.00.
• Vesting: Per the filing, the 1,429 RSUs vest on December 31, 2026, subject to continued service (footnotes F1 and F2).
• Shares owned after transaction: Not specified in the provided summary of the filing.
• Footnotes: F1 explains each RSU equals the right to one share upon vesting; F2 specifies the Dec 31, 2026 vesting and service condition.

Context

• RSU grants are a form of compensation, not an open-market purchase or sale. They represent potential future shares if vesting conditions are met and do not indicate an immediate market buy or sell. For retail investors, such awards are common for executives and directors and should be viewed as compensation-related rather than a direct signal of near-term insider buying/selling.