Perez Ortiz Inigo 4
4 · GRAFTECH INTERNATIONAL LTD · Filed Feb 27, 2026
Research Summary
AI-generated summary of this filing
GrafTech (EAF) SVP Perez Ortiz Inigo Converts RSUs (~14.7k Shares)
What Happened
Perez Ortiz Inigo, SVP, Commercial and CTS at GrafTech International Ltd. (EAF), had restricted stock units (RSUs) convert into common shares on February 25, 2026. The filing reports conversions of 1,395; 1,720; and 11,576 RSUs (reported disposals total 14,692.068 shares on a post-split basis). No cash was paid or received—each conversion is reported at $0.00, reflecting a routine RSU vesting/settlement rather than an open-market sale or purchase.
Key Details
- Transaction date: February 25, 2026; Form 4 filed February 27, 2026 (timely filing).
- Reported conversions: 1,395; 1,720; and 11,576 RSUs (disposals reported as 1,395.133; 1,720.935; and 11,576 — total ~14,692.068 shares, post-1-for-10 reverse split).
- Price/proceeds: $0.00 — these were RSU conversions/settlement (no cash exchanged).
- Shares owned after the transaction: not specified in the provided summary — see the full Form 4 for post-transaction holdings.
- Footnotes of note:
- F1: RSUs convert one-for-one into common stock.
- F2: All amounts are post-1-for-10 reverse split (effective Aug 29, 2025).
- F3–F5: These conversions correspond to RSU grants from Feb 25, 2022; Feb 25, 2023; and Feb 25, 2025 with staggered vesting schedules (annual/installment vesting).
Context
- This is a vest/settlement of equity awards (RSUs) rather than a purchase or sale in the open market; filings showing $0.00 for derivative conversions are common for vested RSU settlements.
- These conversions likely represent scheduled vesting installments from prior RSU grants (per the footnotes), including the first installment of the 2025 grant and annual installments from the 2022 and 2023 grants.
- Such routine RSU settlements are generally not an immediate directional signal about insider sentiment; purchases are typically more informative about bullish conviction.
Insider Transaction Report
Form 4
Perez Ortiz Inigo
SVP, Commercial and CTS
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-02-25+1,395→ 22,786 total - Exercise/Conversion
Common Stock
[F1]2026-02-25+1,720→ 24,506 total - Exercise/Conversion
Common Stock
[F1][F2]2026-02-25+11,576→ 36,082 total - Exercise/Conversion
Restricted Stock Units
[F1][F2][F3]2026-02-25−1,395.133→ 1,395.133 total→ Common Stock (1,395.133 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F2][F4]2026-02-25−1,720.935→ 0 total→ Common Stock (1,720.935 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F2][F5]2026-02-25−11,576→ 23,150 total→ Common Stock (11,576 underlying)
Footnotes (5)
- [F1]Restricted stock units (RSUs) convert into shares of EAF common stock on a one-for-one basis.
- [F2]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 RSUs and Common Stock reflected in this filing are on a post-split adjusted basis.
- [F3]On February 25, 2022, the reporting person was granted 6,901 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 five equal annual installments beginning on February 25, 2023.
- [F4]On February 25, 2023, the reporting person was granted 5,144 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 February 25, 2024.
- [F5]On February 25, 2025, the reporting person was granted 34,726 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 February 25, 2026.
Signature
/s/ Andrew J. Renacci, by power of attorney|2026-02-27