Form 4: GrafTech International Director Donoso Diego Reports Stock Unit Conversion
SEC Form 4
Director Diego Donoso of GrafTech International Ltd. reports the conversion of restricted stock units into common stock on November 9, 2024.
Summary
- On November 9, 2024, Diego Donoso, a director of GrafTech International Ltd., reported the conversion of 56,497 restricted stock units (RSUs) into common stock.
- The RSUs vested on November 9, 2024, and were converted on a one-for-one basis.
- Cash was paid in lieu of any fractional RSUs.
Sentiment
Score: 5
Explanation: This is a neutral report on a routine transaction. It doesn't indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The conversion of RSUs into common stock may have a minor dilutive effect on existing shareholders.
Key Dates
| Date | Description |
|---|---|
| 08/02/2023 | GrafTech International Ltd.'s Board of Directors elected to suspend the quarterly cash dividend of $0.01 per share. |
| 05/09/2024 | The reporting person was granted 56,497.1751 RSUs, which also accrue additional RSUs pursuant to dividend equivalent rights. |
| 11/09/2024 | Date of transaction: conversion of 56,497 Restricted Stock Units (RSUs) into common stock. |
| 11/12/2024 | Date of report signature. |
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