Form 4: GrafTech International Director Acquires Deferred Restricted Stock Units
SEC Form 4 Filing
Director Henry R. Keizer acquired deferred restricted stock units representing a contingent right to receive 56,497.1751 shares of GrafTech International Ltd. common stock.
Summary
- On May 9, 2024, Henry R. Keizer, a director of GrafTech International Ltd., acquired deferred restricted stock units (DRSUs) representing a contingent right to receive 56,497.1751 shares of EAF common stock.
- Each DRSU represents a contingent right to receive one share of EAF common stock.
- The DRSUs generally vest on November 9, 2024.
- Vested DRSUs will be settled in whole shares of common stock which will be delivered to the reporting person as soon as practicable after the reporting person terminates service as a director of the company but in any event no later than the end of the calendar year in which such termination date occurs.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Future Outlook
Vested DRSUs will be settled in whole shares of common stock which will be delivered to the reporting person as soon as practicable after the reporting person terminates service as a director of the company but in any event no later than the end of the calendar year in which such termination date occurs.
Industry Context
This filing is a routine disclosure related to director compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The acquisition of DRSUs by a director could be perceived positively by shareholders as it aligns the director's interests with the company's performance.
Key Dates
| Date | Description |
|---|---|
| 05/09/2024 | Date of transaction: Henry R. Keizer acquired deferred restricted stock units. |
| 11/09/2024 | DRSUs generally vest on this date. |
| 05/10/2024 | Date of filing of the Form 4. |
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