Form 4: GrafTech International Executive Exercises and Disposes of Restricted Stock Units
SEC Form 4 Filing
Catherine Hedoux-Delgado, Interim CFO and Treasurer of GrafTech International, reports transactions involving restricted stock units and common stock.
Summary
- On February 25, 2024, Catherine Hedoux-Delgado, Interim CFO and Treasurer of GrafTech International Ltd. (EAF), executed transactions involving restricted stock units (RSUs) and common stock.
- She converted 4,415 RSUs granted on February 25, 2022, into common stock and disposed of 1,579 shares to cover tax obligations at a price of $1.35 per share.
- Additionally, she converted 6,224 RSUs granted on February 25, 2023, into common stock and disposed of 2,226 shares to cover tax obligations at a price of $1.35 per share.
- Following these transactions, Hedoux-Delgado directly owns 29,546 shares of common stock and 12,449.1641 RSUs.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing insider transactions, which carries a neutral sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and provides transparency into the trading activities of company executives. It is a standard practice for publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the increased number of shares in the market, but the effect is likely negligible given the relatively small volume.
Key Dates
| Date | Description |
|---|---|
| 02/25/2022 | Reporting person was granted 21,841 RSUs vesting in five equal annual installments beginning on February 25, 2023. |
| 02/25/2023 | Reporting person was granted 18,598 RSUs vesting in three equal annual installments beginning on February 25, 2024. |
| 02/25/2024 | Date of earliest transaction: exercise and disposal of RSUs. |
| 02/27/2024 | Date of signature on the Form 4 filing. |
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