Form 4: GrafTech International Director Acquires Shares Through Deferred Share Units

Director Anthony R. Taccone acquired 13,005.7803 deferred share units, convertible to common stock, of GrafTech International on December 31, 2024.

Summary

• Anthony R. Taccone, a director at GrafTech International, acquired 13,005.7803 deferred share units (DSUs) on December 31, 2024.
• These DSUs are fully vested and each represents a contingent right to receive one share of GrafTech International common stock.
• The DSUs will be settled in whole shares of common stock after Mr. Taccone terminates his service as a director, but no later than the end of the calendar year of his termination.
• Following this transaction, Mr. Taccone directly owns 143,049.5118 shares of GrafTech International common stock.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, which is generally viewed neutrally to positively. The acquisition of shares by a director can be seen as a positive sign of confidence in the company's future.

Positives

• The acquisition of shares by a director can be seen as a positive sign of confidence in the company's future.

Future Outlook

The deferred share units will be converted to common stock upon the director's termination of service, but no later than the end of the calendar year of termination.

Industry Context

This is a standard transaction for directors receiving compensation in the form of equity. It is common practice for companies to use deferred share units as part of director compensation packages.

Comparison to Industry Standards

• Many companies use deferred share units as part of their compensation packages for directors.
• The vesting and settlement terms are typical for these types of awards, with settlement occurring after the director's service ends.
• The number of shares acquired is specific to the director's compensation agreement with GrafTech International.

Stakeholder Impact

• The transaction increases the director's stake in the company, aligning his interests with those of shareholders.

Next Steps

• The deferred share units will be converted to common stock after the director's service ends.

Key Dates

Keywords

GrafTech International, Deferred Share Units, Director, Stock Acquisition, Form 4, EAF, Beneficial Ownership