Keizer Henry R. 4

What Happened

Henry R. Keizer, a director of GRAFTECH INTERNATIONAL LTD (EAF), received a grant of 11,173.184 deferred restricted stock units (DRSUs) reported on 2026-05-07. The award is recorded as a derivative acquisition at $0.00 per unit (no cash paid at grant); the filing does not report an immediate cash value. This is an equity award (grant), not a market purchase or sale.

Key Details

• Transaction date: 2026-05-07; Form 4 filed 2026-05-11 (filed within the SEC two-business-day window).
• Instrument and amount: 11,173.184 deferred restricted stock units (DRSUs).
• Price reported: $0.00 per unit (derivative award).
• Shares owned after transaction: Not specified in the provided filing data.
• Footnotes:
  • F1 — Each DRSU represents a contingent right to receive one share of EAF common stock.
  • F2 — The DRSUs generally vest on November 7, 2026. Vested DRSUs will be settled in whole shares and delivered to the reporting person as soon as practicable after the reporting person terminates service as a director, but no later than the end of the calendar year in which such termination occurs.
• Transaction code: A (award/grant). No 10b5-1 plan, tax withholding, or immediate sale noted.

Context

DRSUs are deferred, contingent equity awards — they do not involve an immediate cash purchase and typically convert to shares (and value) later based on the stock price at settlement. As a director compensation award, this is routine equity grant reporting and does not by itself indicate buying or selling sentiment.