Graftech International SEC Filings

GrafTech International Ltd. reported the results of its Annual Meeting of Stockholders held on May 7, 2026. Stockholders elected Jean‑Marc Germain and Henry R. Keizer as directors for three‑year terms, with 9,018,146 and 9,583,429 votes in favor, respectively.

Stockholders ratified Deloitte & Touche LLP as the independent registered public accounting firm for 2026 with 20,015,149 votes for. They also approved, on an advisory basis, the company’s named executive officer compensation, receiving 9,007,892 votes in favor. There were 25,988,349 shares outstanding and entitled to vote as of the March 9, 2026 record date.

GrafTech International Ltd. reported a larger net loss for the quarter ended March 31, 2026 despite higher sales. Net sales rose to $125.1 million from $111.8 million as graphite electrode sales volume increased 14% to 28.1 thousand metric tons, but the weighted‑average realized price fell about 5% to roughly $3,900 per MT.

Higher costs and inventory valuation charges drove a gross loss of $15.0 million and an operating loss of $30.7 million. Net loss widened to $43.3 million, or $(1.66) per share. Cash used in operating activities improved to $14.9 million, aided by working capital, while capital expenditures were $12.1 million.

GrafTech ended the quarter with $328.7 million of liquidity, including $120.2 million of cash and $209 million of available credit facilities, against $1.1 billion of long‑term debt and a stockholders’ deficit of $304.4 million. Management expects 2026 graphite electrode sales volume to rise 5–10%, modest cost improvements per ton, and capital expenditures of about $35 million while pursuing price increases and cost actions to restore profitability.

GrafTech International reported first quarter 2026 net sales of $125.1 million, up 12% year-over-year, driven by a 14% increase in graphite electrode sales volume to 28.1 thousand MT. Higher volume was offset by a roughly 5% decline in average realized pricing to about $3,900 per MT, reflecting ongoing industry overcapacity and weak pricing.

The company recorded a net loss of $43.3 million, or $1.66 per share, and adjusted EBITDA of negative $13.6 million. Operating cash flow was negative $14.9 million and adjusted free cash flow was negative $27.1 million. As of March 31, 2026, GrafTech reported total liquidity of $328.7 million, including $120.2 million of cash, against $1,125 million of gross debt (about $1,005 million net debt).

Management expects 2026 graphite electrode sales volume to rise 5–10% year-over-year, with more than 85% of anticipated volume already committed. To counter weak pricing and cost pressures, GrafTech is implementing price increases of $600–$1,200 per MT on uncommitted volume, supporting trade cases in key regions, and targeting a low single-digit percentage decline in cash cost of goods sold per MT for 2026, while keeping capital expenditures around $35 million.

Germain Jean-Marc reported acquisition or exercise transactions in this Form 4 filing.

GrafTech International director Jean-Marc Germain received a grant of 4,424.7788 Deferred Share Units as part of his board compensation. Following this award, he holds 21,460.5841 Deferred Share Units directly. Each DSU is fully vested and represents a contingent right to receive one share of EAF common stock. The DSUs will be settled in whole shares after he leaves the board, either in a single delivery in the year of termination or in five annual 20% installments, depending on his prior election.

Roegner Eric V reported acquisition or exercise transactions in this Form 4 filing.

GRAFTECH INTERNATIONAL LTD director Eric V. Roegner received a grant of 4,240.413 Deferred Share Units (DSUs) tied to company common stock. Each DSU represents a contingent right to receive one share of EAF common stock. These DSUs are fully vested and will be settled in whole shares of common stock after he terminates service as a director, and no later than the end of the calendar year in which that termination occurs. Following this grant, Roegner directly holds a total of 12,218.6455 DSUs.

Shivaram Sachin M reported acquisition or exercise transactions in this Form 4 filing.

GRAFTECH INTERNATIONAL LTD director Sachin M. Shivaram received 4,240.413 Deferred Share Units as a compensation award. Each Deferred Share Unit (DSU) represents a contingent right to receive one share of EAF common stock. After this grant, he holds 14,275.6455 DSUs directly.

The DSUs are fully vested but will only be settled in whole shares of common stock after he terminates service as a director, and no later than the end of the calendar year in which that termination occurs. This is a non-cash, equity-based award rather than an open-market share purchase.

GrafTech International Ltd. is asking stockholders to vote at its virtual 2026 annual meeting on May 7, 2026. Investors will elect two Class II directors (Henry Keizer and Jean‑Marc Germain), ratify Deloitte & Touche LLP as auditor for 2026, and approve executive pay on an advisory basis.

In 2025, sales volume rose 6% to 109.2 thousand metric tons, but net sales fell to $504.1 million and net loss widened to $219.8 million. Adjusted EBITDA was negative $9.1 million. As of December 31, 2025, GrafTech reported $340.0 million in liquidity and about $1.1 billion of total debt, and highlighted strengthened governance, board refreshment and a pay‑for‑performance compensation philosophy.

GRAFTECH INTERNATIONAL LTD senior vice president Inigo Perez Ortiz exercised restricted stock units into common stock as part of his equity compensation. On March 12, 10,144 RSUs converted into 10,144 shares of EAF common stock on a one-for-one basis at no cash exercise price. Following the conversion, he directly holds 46,226 shares of common stock. The RSUs come from a 30,432-unit grant that vests in three equal annual installments beginning March 12, 2025, and had accrued dividend-equivalent RSUs while the dividend was in effect.