Carpenter David Anthony 4
Research Summary
AI-generated summary
Elmet (ELMT) CHRO David Carpenter Receives 28,857-Share Award
What Happened
David Anthony Carpenter, Chief Human Resources Officer of The Elmet Group Co., received equity awards on May 19, 2026: 10,000 restricted stock units (RSUs) and 18,857 RSUs (total 28,857 RSUs) granted at $0.00 (transaction code A — award/grant). These RSUs represent the right to receive one share of common stock upon vesting. This was a compensation award, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-05-19. Form 4 filed: 2026-05-22.
- Grants: 10,000 RSUs and 18,857 RSUs (total 28,857 RSUs) at $0.00 per RSU.
- Shares owned after transaction (unvested): 20,000 restricted common shares (vest Oct 15, 2028) plus 28,857 unvested RSUs = 48,857 total unvested shares.
- Vesting schedule (per footnotes): the 10,000 RSUs vest on May 19, 2027; the 18,857 RSUs vest in roughly four equal tranches beginning Apr 23, 2027. Detailed RSU tranche schedule: 10,000 RSUs on May 19, 2027; 4,714 on Apr 23, 2027; 4,714 on Apr 23, 2028; 4,714 on Apr 23, 2029; 4,715 on Apr 23, 2030.
- Notes: RSUs convert to one share upon vesting. No tax withholding, sale, or exercise was reported in this filing.
Context
RSU grants are standard executive compensation and do not produce immediately tradable shares until they vest. Because this is an award (not a purchase or sale), it should be viewed as routine compensation disclosure rather than a direct bullish/bearish trading signal.