Form 4: GrafTech International Executive Inigo Perez Ortiz Reports Stock Unit Conversion
SEC Form 4 Filing
Inigo Perez Ortiz, SVP at GrafTech International, reports the conversion of restricted stock units into common stock on March 12, 2025.
Summary
- On March 12, 2025, Inigo Perez Ortiz, SVP of Commercial and CTS at GrafTech International Ltd., converted 101,438 restricted stock units (RSUs) into common stock.
- Following the transaction, Perez Ortiz directly owns 213,901 shares of GrafTech International Ltd. common stock.
- The RSUs converted on a one-for-one basis into shares of EAF common stock.
- The reporting person was previously granted 304,315 RSUs on March 12, 2024, which also accrue additional RSUs pursuant to dividend equivalent rights.
- These RSUs vest in three equal annual installments beginning on March 12, 2025.
Sentiment
Score: 5
Explanation: This is a standard regulatory filing related to stock unit conversion, indicating a neutral sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, and doesn't necessarily reflect broader industry trends.
Stakeholder Impact
- The conversion of RSUs into common stock may have a minor dilutive effect on existing shareholders.
Key Dates
| Date | Description |
|---|---|
| 03/12/2024 | Reporting person was granted 304,315 RSUs. |
| 03/12/2025 | Conversion of 101,438 Restricted Stock Units to Common Stock. |
| 03/14/2025 | Date of signature for the report. |
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