Fine Debra 4

What Happened
Debra Fine, a director of GrafTech International Ltd. (ticker: EAF), received an award of 11,173.184 deferred restricted stock units (DRSUs) on May 7, 2026. The DRSUs were granted at $0.00 (no cash paid) and are reported as a derivative award (transaction code A). Because these are deferred restricted units rather than an open-market purchase or sale, there is no immediate proceeds or outlay.

Key Details

• Transaction date and type: 2026-05-07 — Award/Grant (code A).
• Amount: 11,173.184 DRSUs; reported price $0.00, reported value $0 (derivative award).
• Shares owned after transaction: Not specified in the provided filing.
• Vesting/settlement terms (from filing footnotes):
  • Each DRSU represents a contingent right to one share of EAF common stock.
  • The DRSUs generally vest on November 7, 2026. Vested DRSUs will be settled in whole shares and delivered to the director as soon as practicable after the director terminates service, but no later than the end of the calendar year in which termination occurs.
• Filing timeliness: Form 4 was filed on 2026-05-11 for a 2026-05-07 grant; this falls within the usual two-business-day Form 4 filing window and is therefore timely.

Context
DRSUs are a form of equity compensation that give the recipient a future right to receive shares if vesting conditions are met; they do not represent immediate ownership or cash unless and until settled. Such awards are common for directors and do not by themselves indicate buying/selling intent.