Director Henry R. Keizer receives new DRSU grant at GrafTech (NYSE: EAF)

Rhea-AI Filing Summary

Keizer Henry R. reported acquisition or exercise transactions in this Form 4 filing.

GrafTech International Ltd. director Henry R. Keizer received a grant of deferred restricted stock units (DRSUs) tied to EAF common stock. The award covers 11,173.1844 DRSUs, each representing a contingent right to receive one share of common stock.

Following this grant, Keizer holds 30,849.1844 DRSUs in total. The new DRSUs generally vest on November 7, 2026. Once vested, they will be settled in whole shares of common stock and delivered after Keizer’s service as a director ends, and no later than the end of the calendar year in which that termination occurs.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Keizer Henry R.

Role null

Type	Security	Shares	Price	Value
Grant/Award	Deferred Restricted Stock Units	11,173.184	$0.00	--

Holdings After Transaction: Deferred Restricted Stock Units — 30,849.184 shares (Direct, null)

Footnotes (1)

1. Each deferred restricted stock unit (DRSU) represents a contingent right to receive one share of EAF common stock. The DRSUs generally vest on November 7, 2026. Vested DRSUs will be settled in whole shares of common stock which will be delivered to the reporting person as soon as practicable after the reporting person terminates service as a director of the company but in any event no later than the end of the calendar year in which such termination date occurs.

Key Figures

DRSUs granted: 11,173.1844 units Total DRSUs after grant: 30,849.1844 units Vesting date: November 7, 2026 +1 more

4 metrics

DRSUs granted 11,173.1844 units Deferred restricted stock units granted on May 7, 2026

Total DRSUs after grant 30,849.1844 units Holdings of deferred restricted stock units following transaction

Vesting date November 7, 2026 General vesting date for newly granted DRSUs

Settlement form One share per unit Each DRSU represents a contingent right to one EAF share

Key Terms

Deferred Restricted Stock Units, contingent right, vest, settled in whole shares of common stock

4 terms

Deferred Restricted Stock Units financial

"Each deferred restricted stock unit (DRSU) represents a contingent right to receive one share of EAF common stock."

Deferred restricted stock units are promises by a company to give employees or executives company shares at a future date, subject to conditions like continued employment or performance targets; the delivery and tax event are intentionally delayed. They matter to investors because they affect when new shares may be issued and how executives are motivated—like a paycheck held in escrow that vests over time, influencing potential share dilution and management behavior.

contingent right financial

"Each deferred restricted stock unit (DRSU) represents a contingent right to receive one share of EAF common stock."

vest financial

"The DRSUs generally vest on November 7, 2026."

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

settled in whole shares of common stock financial

"Vested DRSUs will be settled in whole shares of common stock which will be delivered to the reporting person..."

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Keizer Henry R.

(Last) (First) (Middle)

C/O GRAFTECH INTERNATIONAL LTD.

982 KEYNOTE CIRCLE

(Street)

BROOKLYN HEIGHTS OHIO 44131

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
GRAFTECH INTERNATIONAL LTD [ EAF ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/07/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Deferred Restricted Stock Units	(1)	05/07/2026		A		11,173.1844		(2)	(2)	Common Stock	11,173.1844	$0	30,849.1844	D

Explanation of Responses:

1. Each deferred restricted stock unit (DRSU) represents a contingent right to receive one share of EAF common stock.

2. The DRSUs generally vest on November 7, 2026. Vested DRSUs will be settled in whole shares of common stock which will be delivered to the reporting person as soon as practicable after the reporting person terminates service as a director of the company but in any event no later than the end of the calendar year in which such termination date occurs.

Remarks:

	/s/ Andrew J. Renacci, by power of attorney	05/11/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Henry R. Keizer report at GrafTech (EAF)?

Henry R. Keizer reported receiving a grant of 11,173.1844 deferred restricted stock units (DRSUs). Each unit represents a contingent right to one share of EAF common stock, increasing his total DRSU holdings to 30,849.1844 units after the award.

How many deferred restricted stock units does Henry R. Keizer now hold in EAF?

After the latest award, Henry R. Keizer holds 30,849.1844 deferred restricted stock units. These DRSUs represent future rights to receive an equivalent number of EAF common shares once they vest and are ultimately settled following his director service.

When do Henry R. Keizer’s new DRSUs in GrafTech (EAF) vest?

The newly granted deferred restricted stock units generally vest on November 7, 2026. Vesting means the units become earned, after which they will later be settled in whole shares of common stock when his director service with GrafTech ends.

How are Henry R. Keizer’s EAF deferred restricted stock units settled?

Once vested, Henry R. Keizer’s deferred restricted stock units will be settled in whole shares of EAF common stock. These shares are delivered after he terminates service as a director, but no later than the end of the calendar year of that termination.

Does Henry R. Keizer’s Form 4 for EAF show a stock purchase or sale?

The Form 4 shows an acquisition through a grant of deferred restricted stock units, not an open-market purchase or sale. The transaction is coded as a grant or award, reflecting compensation rather than a discretionary trade in GrafTech shares.