EAF Form 4: Director's vested 2,242.5897 DSUs, total ownership 6,124.5897

Rhea-AI Filing Summary

Eric V. Roegner, a director of GrafTech International Ltd. (EAF), reported receipt of 2,242.5897 deferred share units (DSUs) on 09/30/2025. Each DSU represents a contingent right to one share of EAF common stock and the DSUs in this filing are shown on a post‑split basis following a 1‑for‑10 reverse stock split effected by the company on 08/29/2025. The filing shows 6,124.5897 shares beneficially owned by the reporting person after the transaction.

The DSUs are fully vested and will be settled in whole shares of common stock and delivered to Mr. Roegner as soon as practicable after he terminates service as a director, but in any event no later than the end of the calendar year in which his termination occurs.

Positive

• 2,242.5897 DSUs granted to a director, indicating equity-based alignment
• DSUs fully vested, giving the reporting person an immediate contingent right to shares

Negative

• None.

Insights

Corporate Governance Specialist

Director received vested equity in the form of 2,242.5897 DSUs; total beneficial ownership 6,124.5897.

These DSUs are fully vested, meaning the reporting person has a fixed, conditional entitlement to 1-for-1 shares of common stock upon settlement. The filing explicitly ties settlement timing to the director's termination and the calendar year cutoff.

The company implemented a 1-for-10 reverse stock split on 08/29/2025, and the DSU amounts are presented on a post‑split basis, so the reported unit counts reflect the adjusted share-equivalent position disclosed by the filer.

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

1. Name and Address of Reporting Person^*

Roegner Eric V

(Last) (First) (Middle)

C/O GRAFTECH INTERNATIONAL LTD.

982 KEYNOTE CIRCLE

(Street)

BROOKLYN HEIGHTS OH 44131

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
09/30/2025

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

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

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

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 Share Units	(1)	09/30/2025		A		2,242.5897(2)		(3)	(3)	Common Stock	2,242.5897(2)	$0	6,124.5897(2)	D

Explanation of Responses:

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

2. On August 29, 2025, the Company effected a reverse stock split of the Company's issued common stock at a ratio of 1-for-10. As a result, the amount of DSUs reflected in this filing is on a post-split adjusted basis.

3. DSUs are fully vested. Vested deferred share units 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	10/02/2025
	** 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.

FAQ

What did GrafTech director Eric Roegner report on Form 4 (EAF)?

The Form 4 shows 2,242.5897 deferred share units (DSUs) acquired on 09/30/2025, bringing his beneficial ownership to 6,124.5897 shares (post reverse split).

Are the deferred share units vested and when will they settle?

Yes, the DSUs are fully vested. They will be settled in whole shares and delivered as soon as practicable after the director terminates service, and no later than the end of that calendar year.

Did GrafTech adjust these amounts for any corporate action?

Yes. The filing states a 1-for-10 reverse stock split was effected on 08/29/2025, and the DSU amounts are reflected on a post‑split adjusted basis.

Who filed the Form 4 on behalf of the reporting person?

The signature block shows the form was signed /s/ Andrew J. Renacci, by power of attorney on 10/02/2025.

What does one DSU represent for EAF?

Each deferred share unit (DSU) represents a contingent right to receive one share of EAF common stock, as stated in the filing.