Lee Michael Steven 4
4 · Elmet Group Co. · Filed May 22, 2026
Research Summary
AI-generated summary of this filing
Elmet (ELMT) CFO Lee Michael Steven Receives RSU Award
What Happened Lee Michael Steven, Chief Financial Officer of The Elmet Group Co. (ELMT), received a grant of 33,750 restricted stock units (RSUs) on May 19, 2026. The award was reported at $0.00 cash consideration (typical for RSU compensation); the RSUs convert into shares upon vesting and are not an open‑market purchase or sale.
Key Details
- Transaction type: Award/Grant (Code A). Transaction date: 2026-05-19; Form 4 filed 2026-05-22.
- Grant size and price: 33,750 RSUs granted at $0.00 (no cash paid).
- Vesting for these RSUs (footnotes): 33,750 RSUs vest annually in approximately four equal tranches beginning April 23, 2027 — specifically 8,437 RSUs on 4/23/2027, 8,437 on 4/23/2028, 8,437 on 4/23/2029 and 8,439 on 4/23/2030.
- Shares beneficially owned after the grant: 156,250 total (per footnote breakdown: 73,500 shares of common stock; 24,500 restricted shares vesting 9/1/2026; 24,500 restricted shares vesting 9/1/2027; plus the 33,750 unvested RSUs).
- Filing timeliness: The Form 4 was filed May 22, 2026 for a May 19, 2026 transaction; this appears to be one business day late relative to the standard two‑business‑day Form 4 deadline.
Context
- RSUs are compensation awards that convert to shares only upon vesting; they do not represent an immediate cash purchase or sale and are routine executive compensation. No sale or exercise occurred in this filing.
Insider Transaction Report
Form 4
Elmet Group Co.ELMT
Lee Michael Steven
Chief Financial Officer
Transactions
- Award
Common Stock
[F1][F2][F3]2026-05-19+33,750→ 156,250 total
Footnotes (3)
- [F1]Comprised of restricted stock units ("RSU"), each of which represents the right to receive one share of Common Stock upon vesting.
- [F2]The 33,750 RSUs acquired by the Reporting Person vest, subject to the Reporting Person's continued service with The Elmet Group Co., as follows: 33,750 RSUs will vest annually in approximately four equal tranches beginning on April 23, 2027.
- [F3]Comprised of 73,500 shares of Common Stock, 24,500 shares of unvested restricted Common Stock that will vest on September 1, 2026, 24,500 shares of unvested restricted Common Stock that will vest on September 1, 2027, and 33,750 unvested RSUs. The unvested RSUs will vest as follows: 8,437 RSUs will vest on April 23, 2027, 8,437 RSUs will vest on April 23, 2028, 8,437 RSUs will vest on April 23, 2029 and 8,439 RSUs will vest on April 23, 2030.
Signature
/s/ Michael Steven Lee|2026-05-22