GrafTech CLO exercises 1,800 RSUs, 526 shares withheld
GrafTech International chief legal officer Andrew James Renacci exercised restricted stock units into 1,800 shares of common stock at a conversion price of $0.00 per share.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
GrafTech International chief legal officer Andrew James Renacci exercised restricted stock units into 1,800 shares of common stock at a conversion price of $0.00 per share. These RSUs convert into common stock on a one-for-one basis.
To cover tax obligations, 526 shares of common stock were withheld at $5.23 per share. After these compensation-related transactions, Renacci directly holds 8,891 shares of GrafTech common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,800 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,800 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 526 | $5.23 | $3K |
Footnotes (2)
- F1. Restricted stock units (RSUs) convert into shares of EAF common stock on a one-for-one basis.
- F2. On March 12, 2024, the reporting person was granted 5,401 RSUs, which also accrue additional RSUs pursuant to dividend equivalent rights based upon the closing price of EAF stock as of the dividend payment date if a dividend is declared by the Board of Directors. On August 2, 2023, GrafTech International Ltd.'s Board of Directors elected to suspend the quarterly cash dividend of $0.01 per share. The RSUs vest in three equal annual installments beginning on March 12, 2025.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did GrafTech (EAF) report for Andrew James Renacci?
What was the nature of the RSUs involved in the GrafTech (EAF) insider filing?
Did the GrafTech (EAF) insider Form 4 reflect any open-market stock sales or purchases?
How do dividend equivalent rights affect the GrafTech (EAF) RSU grant mentioned?
AI-generated analysis. How Rhea-AI works. Not financial advice.