GrafTech (EAF) proposes 1-for-7 to 1-for-15 reverse stock split

GrafTech International Ltd. (EAF) disclosed a proposal to amend its Amended and Restated Certificate of Incorporation to permit the Board, at its discretion, to effect a reverse stock split of common stock at a ratio between 1-for-7 and 1-for-15.

Rhea-AI Filing Summary

GrafTech International Ltd. (EAF) disclosed a proposal to amend its Amended and Restated Certificate of Incorporation to permit the Board, at its discretion, to effect a reverse stock split of common stock at a ratio between 1-for-7 and 1-for-15. The amendment would also reduce the number of authorized shares of common and preferred stock by a corresponding proportion. The filing references voting results with the phrase "The voting results were as follows:" but the actual vote totals or outcomes are not included in the provided text. The filing also cites a press release dated August 18, 2025 and an Inline XBRL cover page entry.

Positive

• Board flexibility to effect a reverse stock split within a defined 1-for-7 to 1-for-15 range
• Proportional reduction of authorized common and preferred shares provided for in the amendment

Negative

• Voting results referenced but not disclosed in the provided text, so approval status is unclear
• No implementation details or effective date included to confirm whether a reverse split will occur

Insights

Corporate Governance Specialist

TL;DR: The company filed to enable a reverse split (1-for-7 to 1-for-15) and to proportionally reduce authorized shares; vote details are absent.

The filing describes a proposed charter amendment giving the Board authority to implement a reverse stock split within a specified ratio range and to reduce authorized share counts proportionally. This is a common corporate governance mechanism to provide flexibility in adjusting share capital structure. The filing references voting results but does not include the numerical outcomes or indicate whether the amendment was approved, limiting any conclusion about immediate corporate action. Investors and governance observers should note the change being authorized in principle but cannot confirm implementation from this text alone.

Securities Analyst

TL;DR: Document signals potential share consolidation authority but lacks vote results and implementation details.

The disclosed proposal would allow the Board to choose a reverse split ratio between 1-for-7 and 1-for-15 and to reduce authorized shares accordingly. Such authority can be used to adjust share price or capital structure, but the filing stops short of providing the actual voting tallies or a Board decision. The absence of vote counts and any statement of effectiveness means there is no confirmed change to outstanding shares based on the provided content.

8-K Event Classification

3 items: 5.07, 7.01, 9.01

3 items

Item 5.07 Submission of Matters to a Vote of Security Holders Governance

Results of a shareholder vote on proposals at an annual or special meeting.

Item 7.01 Regulation FD Disclosure Disclosure

Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What reverse split did GrafTech (EAF) propose in the 8-K?

The company proposed an amendment to allow a reverse split at a ratio between 1-for-7 and 1-for-15.

Would the proposed amendment change authorized shares for GrafTech (EAF)?

Yes; the amendment would reduce the number of authorized common and preferred shares by a corresponding proportion if a reverse split is effected.

Did the filing state the voting results for the proposal?

The filing states "The voting results were as follows:" but the provided content does not include the actual vote totals or outcome.

Is there a press release related to this filing?

Yes; the filing references a press release dated August 18, 2025.

Does the filing confirm the reverse split has been implemented?

No; the provided text does not confirm implementation or provide an effective date.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 08/18/2025 - 04:26 PM Learn about SEC filing dates

0000931148false00009311482025-08-142025-08-14

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): August 14, 2025

GRAFTECH INTERNATIONAL LTD.

(Exact name of registrant as specified in its charter)

Delaware			1-13888			27-2496053
(State or other jurisdiction of incorporation)			(Commission File Number)			(IRS Employer Identification No)

982 Keynote Circle

Brooklyn Heights, OH 44131

(Address of principal executive offices) (Zip Code)

(216) 676-2000

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

   

☐			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class			Trading Symbol(s)			Name of each exchange on which registered
Common stock, $0.01 par value per share			EAF			New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.07 Submission of Matters to a Vote of Security Holders.

GrafTech International Ltd. (the “Company”) held a Special Meeting of Stockholders on August 14, 2025 (the “Special Meeting”), as described in the Company’s definitive proxy statement on Schedule 14A for the Special Meeting, filed with the Securities and Exchange Commission (the “SEC”) on July 11, 2025 (the “Special Meeting Proxy Statement”). On June 30, 2025, the record date for the Special Meeting, 258,151,443 shares of Common Stock were issued and outstanding and entitled to vote. At the Special Meeting, one proposal was submitted to the Company’s stockholders, which was approved. The proposal is described below and in more detail in the Special Meeting Proxy Statement.

Proposal 1 - Approve an amendment to the Company’s Amended and Restated Certificate of Incorporation to, at the discretion of the Board of Directors, effect a reverse stock split of the Company’s issued common stock, par value $0.01 per share, at a ratio of not less than one-for-seven (1-for-7) and not greater than one-for-fifteen (1-for-15), with the final ratio within such range to be determined at the discretion of the Board of Directors, and a reduction in the number of authorized shares of common stock and preferred stock, par value $0.01 per share, by a corresponding proportion. The voting results were as follows:

For			Against			Abstain
213,612,373			5,351,928			177,350

There were no broker non-votes with respect to the proposal.

Item 7.01 Regulation FD Disclosure.

On August 18, 2025, the Company issued a press release announcing that the Board of Directors of the Company approved the implementation of a reverse stock split at a ratio of 1-for-10 (the “Reverse Stock Split”) and a reduction in the number of authorized shares of Common Stock and Preferred Stock by a corresponding proportion (the “Authorized Share Reduction”). The Company intends to file a Certificate of Amendment to the Amended and Restated Certificate of Incorporation of the Company with the Secretary of State of the State of Delaware on August 28, 2025 to effect the Reverse Stock Split and Authorized Share Reduction at 12:01 a.m. Eastern Time on August 29, 2025. A copy of the press release is furnished herewith as Exhibit 99.1 and incorporated herein by reference.

The information furnished under this Item 7.01, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, whether made before, on or after the date hereof and regardless of any general incorporation language in such filings, except to the extent expressly set forth by specific reference in such filings.

Item 9.01 Financial Statements and Exhibits.

(d)   Exhibits.

99.1 Press release of GrafTech International Ltd., dated August 18, 2025

104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

						GRAFTECH INTERNATIONAL LTD.
Date:			August 18, 2025			By:			/s/ Rory O’Donnell
									Rory O’Donnell
									Chief Financial Officer and Senior Vice President