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

Director Debra Fine acquired 18,063.5838 deferred share units, convertible to common stock, in GrafTech International on December 31, 2024.

Summary

• Debra Fine, a director at GrafTech International, acquired 18,063.5838 deferred share units (DSUs) on December 31, 2024.
• These DSUs represent a contingent right to receive one share of GrafTech common stock each.
• The DSUs are fully vested and will be settled in whole shares of common stock after Ms. Fine terminates her service as a director, but no later than the end of the calendar year of her termination.
• Following this transaction, Ms. Fine directly owns 164,010.0852 shares of GrafTech common stock.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction, which is generally positive as it shows director engagement and alignment with the company's long-term goals. There is no indication of any negative sentiment.

Positives

• The acquisition of deferred share units by a director signals confidence in the company's future performance.
• The vesting of the deferred share units indicates a long-term commitment from the director.

Future Outlook

The shares will be delivered to the director after her service ends, but no later than the end of the calendar year of her termination.

Industry Context

This is a standard SEC Form 4 filing, which is common for directors and officers of publicly traded companies when they acquire or dispose of company securities. It reflects a routine transaction related to director compensation.

Comparison to Industry Standards

• The use of deferred share units as part of director compensation is a common practice among publicly traded companies.
• The vesting and settlement terms are typical for such arrangements, aligning director interests with long-term company performance.
• Similar filings are regularly made by directors and officers of companies like Carpenter Technology Corporation (CRS) and Allegheny Technologies Incorporated (ATI), which are also in the specialty materials sector.

Stakeholder Impact

• The acquisition of shares by a director can be viewed positively by shareholders, indicating confidence in the company's future.

Key Dates

Keywords

GrafTech International, Deferred Share Units, Director Shareholding, EAF, SEC Form 4, Beneficial Ownership, Debra Fine