Timothy K. Flanagan - 25 Feb 2026 Form 4 Insider Report for GRAFTECH INTERNATIONAL LTD (EAF)

Role: CEO and President, Director
Signature: /s/ Andrew J. Renacci, by power of attorney
Issuer symbol: EAF
Transactions as of: 25 Feb 2026
Net transactions value: -$41,582
Form type: 4
Filing time: 27 Feb 2026, 11:51:13 UTC
Previous filing: 14 Mar 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Flanagan Timothy K	CEO and President, Director	C/O GRAFTECH INTERNATIONAL LTD., 982 KEYNOTE CIRCLE, BROOKLYN HEIGHTS	/s/ Andrew J. Renacci, by power of attorney	27 Feb 2026	0001545321

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	EAF	Common Stock	Options Exercise		+1,047	+5.3%		20,736	25 Feb 2026	Direct	F1
transaction	EAF	Common Stock	Tax liability	$2,118	-311	-1.5%	$6.81	20,425	25 Feb 2026	Direct
transaction	EAF	Common Stock	Options Exercise		+1,574	+7.7%		21,999	25 Feb 2026	Direct	F1
transaction	EAF	Common Stock	Tax liability	$3,180	-467	-2.1%	$6.81	21,532	25 Feb 2026	Direct
transaction	EAF	Common Stock	Options Exercise		+18,000	+84%		39,532	25 Feb 2026	Direct	F1
transaction	EAF	Common Stock	Tax liability	$36,284	-5,328	-13%	$6.81	34,204	25 Feb 2026	Direct	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	EAF	Restricted Stock Units	Options Exercise	$0	-1,047	-50%	$0.000000	1,046	25 Feb 2026	Common Stock	1,047		Direct	F1, F2, F3
transaction	EAF	Restricted Stock Units	Options Exercise	$0	-1,574	-100%	$0.000000	0	25 Feb 2026	Common Stock	1,574		Direct	F1, F2, F4
transaction	EAF	Restricted Stock Units	Options Exercise	$0	-18,000	-33%	$0.000000	36,000	25 Feb 2026	Common Stock	18,000		Direct	F1, F2, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
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 5,178 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 4,704 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 54,000 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.