Cover	12 Months Ended
Cover	Dec. 31, 2023
Document Information [Line Items]
Document Type	DEFC14A
Amendment Flag	false
Entity Information [Line Items]
Entity Registrant Name	GRAFTECH INTERNATIONAL LTD.
Entity Central Index Key	0000931148

Pay vs Performance Disclosure - USD ($)

12 Months Ended

Dec. 31, 2023

Dec. 31, 2022

Dec. 31, 2021

Dec. 31, 2020

Pay vs Performance Disclosure

Pay vs Performance Disclosure, Table

Pay Versus Performance



Year	Summary Compensation Table Total for PEO Flanagan (1) ($)	Compensation Actually Paid to PEO Flanagan (1)(2) ($)	Summary Compensation Table Total for Former PEO Kessler (3) ($)	Compensation Actually Paid to Former PEO Kessler (3)(2) ($)	Summary Compensation Table Total for Former PEO Rintoul (4) ($)	Compensation Actually Paid to Former PEO Rintoul (4)(2) ($)	Average Summary Compensation Table Total for Non-PEO Named Executive Officers (5) ($)	Average Compensation Actually Paid to Non-PEO Named Executive Officers (5)(6) ($)	Value of Initial Fixed $100 Investment Based On:		Net (Loss) Income (in 000s) ($)	Adjusted EBITDA (7) (in 000s) ($)
Year	Summary Compensation Table Total for PEO Flanagan (1) ($)	Compensation Actually Paid to PEO Flanagan (1)(2) ($)		Compensation Actually Paid to Former PEO Kessler (3)(2) ($)		Compensation Actually Paid to Former PEO Rintoul (4)(2) ($)			GrafTech Total Stockholder Return	NYSE Arca Steel Index (TR) Total Stockholder Return	Net (Loss) Income (in 000s) ($)	Adjusted EBITDA (7) (in 000s) ($)
2023	1,535,021	808,453	3,521,684	674,631	N/A	N/A	1,423,584	727,028	$19	$238	(255,250)	20,484
2022	N/A	N/A	1,407,268	1,153,710	1,406,150	1,405,993	1,538,305	1,097,819	$42	$179	382,962	536,464
2021	N/A	N/A	N/A	N/A	3,445,257	4,377,435	6,471,272	6,656,296	$104	$156	388,330	669,940
2020	N/A	N/A	N/A	N/A	2,433,525	2,691,429	1,146,426	1,248,844	$93	$121	434,374	658,946

(1)

Mr. Flanagan

was appointed Interim Chief Executive Officer and President as of November 15, 2023 and became our Chief Executive Officer and President on March 26, 2024. Mr. Flanagan previously served as our Chief Financial Officer, Senior Vice President Finance and Treasurer since November 29, 2021. Our principal executive officer is referred to as the “PEO” in this disclosure. Mr. Flanagan was one of our PEOs during 2023.

(2)

“Compensation actually paid” to our CEO and each of our former CEOs in each of 2023, 2022, 2021, and 2020 (each, a “Covered Year”), as applicable, reflects the respective amounts set forth in the table above, adjusted as set forth in the table below, as determined in accordance with SEC rules. The dollar amounts reflected in the table above do not necessarily reflect the actual amount of compensation earned by or paid to our CEO or each of our former CEOs during the applicable year. For information regarding the decisions made by our Human Resources and Compensation Committee in regards to the CEO’s and each of our former CEOs’ compensation for each fiscal year, please see the “

Compensation Discussion & Analysis

” sections of the proxy statements reporting pay for the fiscal years covered in the table above.



	2020	2021	2022		2023

	Rintoul	Rintoul	Rintoul	Kessler	Flanagan	Kessler
SCT Total Compensation	$2,433,525	$3,445,257	$1,406,150	$1,407,268	$1,535,021	$3,521,684
Less: Stock Award Values Reported in SCT for the Covered Year	$(765,850)	$(1,170,960)	-	$(446,112)	$(612,905)	$(2,005,011)
Less: Option Award Values Reported in SCT for the Covered Year	$(259,307)	$(662,909)	-	$(244,961)	$(130,866)	$(545,275)
Plus: Covered Year-End Fair Value for Stock and Option Awards Granted in the Covered Year	$1,426,122	$903	$255	$437,515	$153,054	$421,261
Change in Fair Value (from Prior Year-End to Covered Year-End) of Outstanding Unvested Stock and Option Awards Granted Prior to Covered Year	$85,601	-	$(412)	-	$(148,367)	-
Change in Fair Value (from Prior Year-End to Vesting Date) of Stock and Option Awards Granted Prior to Covered Year that Vested in the Covered Year	$(145,001)	$675,793	-	-	$12,515	$70,374
Fair Value as of Vesting Date for Stock and Option Awards Granted and Vested in the Covered Year	$(83,661)	$2,089,351	-	-	-	-
Less: Prior Year-End Fair Value of Stock and Option Awards Forfeited in the Covered Year	-	-	-	-	-	$(788,402)
Compensation Actually Paid	$2,691,429	$4,377,435	$1,405,993	$1,153,710	$808,453	$674,631

(3)	Mr. Kessler was one of our PEOs during each of 2023 and 2022. Mr. Kessler resigned from the Company as our Chief Executive Officer and President as of November 15, 2023.

(4)	Mr. David J. Rintoul was our PEO during 2020 and 2021, and one of our PEOs during 2022. Mr. Rintoul resigned from the Company as our Chief Executive Officer and President on June 30, 2022.

(5)	The identity of the non-PEO NEOs for each of 2023, 2022, 2021 and 2020 are as follows:



Year		Non-PEO NEOs
2020		Quinn J. Coburn, Jeremy S. Halford, Iñigo Perez Ortiz, Gina K. Gunning
2021		Timothy K. Flanagan, Quinn J. Coburn, Jeremy S. Halford, Iñigo Perez Ortiz, Gina K. Gunning
2022		Timothy K. Flanagan, Jeremy S. Halford, Iñigo Perez Ortiz, Gina K. Gunning
2023		Catherine Hedoux-Delgado, Jeremy S. Halford, Iñigo Perez Ortiz, Gina K. Gunning

(6)

Average “compensation actually paid” for our non-PEO NEOs in each of 2023, 2022, 2021 and 2020 reflects the respective amounts set forth in the table above, adjusted as set forth in the table below, as determined in accordance with SEC rules. The dollar amounts reflected in the table above do not necessarily reflect the actual amount of compensation earned by or paid to our non-PEO NEOs during the applicable year. For information regarding the decisions made by our Human Resources and Compensation Committee in regards to the non-PEO NEOs’ compensation for each fiscal year, please see the “

Compensation Discussion & Analysis

” sections of the proxy statements reporting pay for the fiscal years covered in the table above.



	2020	2021	2022	2023

	Non-PEO NEOs	Non-PEO NEOs	Non-PEO NEOs	Non-PEO NEOs
SCT Total Compensation	$1,146,426	$6,471,272	$1,538,305	$1,423,584
Less: Stock Award Values Reported in SCT for the Covered Year	$(238,765)	$(334,400)	$(525,690)	$(547,345)
Less: Option Award Values Reported in SCT for the Covered Year	$(80,843)	$(194,973)	$(228,750)	$(168,122)
Plus: Covered Year-End Fair Value for Stock and Option Awards Granted in the Covered Year	$442,880	-	$331,139	$138,925
Change in Fair Value (from Prior Year-End to Covered Year-End) of Outstanding Unvested Stock and Option Awards Granted Prior to Covered Year	$5,333	$(1,126)	$(10,251)	$(130,762)
Change in Fair Value (from Prior Year-End to Vesting Date) of Stock and Option Awards Granted Prior to Covered Year that Vested in the Covered Year	$(26,400)	$108,379	$(6,934)	$10,748
Fair Value as of Vesting Date for Stock and Option Awards Granted and Vested in the Covered Year	$213	$617,144	-	-
Less: Prior Year-End Fair Value of Stock and Option Awards Forfeited in the Covered Year	-	-	-	-
Compensation Actually Paid	$1,248,844	$6,656,296	$1,097,819	$727,028

(7)

A non-GAAP financial measure. See Appendix A to this Proxy Statement for additional information, including how we define this financial measure and a reconciliation to Net (Loss) Income, the most directly comparable financial measure calculated and presented in accordance with U.S. GAAP. Please see the “

Compensation Discussion and Analysis

” section above for more information about adjusted EBITDA, including how we use it in our executive compensation program.

Company Selected Measure Name

adjusted EBITDA

Named Executive Officers, Footnote

(5)	The identity of the non-PEO NEOs for each of 2023, 2022, 2021 and 2020 are as follows:



Year		Non-PEO NEOs
2020		Quinn J. Coburn, Jeremy S. Halford, Iñigo Perez Ortiz, Gina K. Gunning
2021		Timothy K. Flanagan, Quinn J. Coburn, Jeremy S. Halford, Iñigo Perez Ortiz, Gina K. Gunning
2022		Timothy K. Flanagan, Jeremy S. Halford, Iñigo Perez Ortiz, Gina K. Gunning
2023		Catherine Hedoux-Delgado, Jeremy S. Halford, Iñigo Perez Ortiz, Gina K. Gunning

Adjustment To PEO Compensation, Footnote

(2)

Compensation Discussion & Analysis

” sections of the proxy statements reporting pay for the fiscal years covered in the table above.



	2020	2021	2022		2023

	Rintoul	Rintoul	Rintoul	Kessler	Flanagan	Kessler
SCT Total Compensation	$2,433,525	$3,445,257	$1,406,150	$1,407,268	$1,535,021	$3,521,684
Less: Stock Award Values Reported in SCT for the Covered Year	$(765,850)	$(1,170,960)	-	$(446,112)	$(612,905)	$(2,005,011)
Less: Option Award Values Reported in SCT for the Covered Year	$(259,307)	$(662,909)	-	$(244,961)	$(130,866)	$(545,275)
Plus: Covered Year-End Fair Value for Stock and Option Awards Granted in the Covered Year	$1,426,122	$903	$255	$437,515	$153,054	$421,261
Change in Fair Value (from Prior Year-End to Covered Year-End) of Outstanding Unvested Stock and Option Awards Granted Prior to Covered Year	$85,601	-	$(412)	-	$(148,367)	-
Change in Fair Value (from Prior Year-End to Vesting Date) of Stock and Option Awards Granted Prior to Covered Year that Vested in the Covered Year	$(145,001)	$675,793	-	-	$12,515	$70,374
Fair Value as of Vesting Date for Stock and Option Awards Granted and Vested in the Covered Year	$(83,661)	$2,089,351	-	-	-	-
Less: Prior Year-End Fair Value of Stock and Option Awards Forfeited in the Covered Year	-	-	-	-	-	$(788,402)
Compensation Actually Paid	$2,691,429	$4,377,435	$1,405,993	$1,153,710	$808,453	$674,631

Non-PEO NEO Average Total Compensation Amount

$ 1,423,584

$ 1,538,305

$ 6,471,272

$ 1,146,426

Non-PEO NEO Average Compensation Actually Paid Amount

$ 727,028

1,097,819

6,656,296

1,248,844

Adjustment to Non-PEO NEO Compensation Footnote

(6)

Compensation Discussion & Analysis

” sections of the proxy statements reporting pay for the fiscal years covered in the table above.



	2020	2021	2022	2023

	Non-PEO NEOs	Non-PEO NEOs	Non-PEO NEOs	Non-PEO NEOs
SCT Total Compensation	$1,146,426	$6,471,272	$1,538,305	$1,423,584
Less: Stock Award Values Reported in SCT for the Covered Year	$(238,765)	$(334,400)	$(525,690)	$(547,345)
Less: Option Award Values Reported in SCT for the Covered Year	$(80,843)	$(194,973)	$(228,750)	$(168,122)
Plus: Covered Year-End Fair Value for Stock and Option Awards Granted in the Covered Year	$442,880	-	$331,139	$138,925
Change in Fair Value (from Prior Year-End to Covered Year-End) of Outstanding Unvested Stock and Option Awards Granted Prior to Covered Year	$5,333	$(1,126)	$(10,251)	$(130,762)
Change in Fair Value (from Prior Year-End to Vesting Date) of Stock and Option Awards Granted Prior to Covered Year that Vested in the Covered Year	$(26,400)	$108,379	$(6,934)	$10,748
Fair Value as of Vesting Date for Stock and Option Awards Granted and Vested in the Covered Year	$213	$617,144	-	-
Less: Prior Year-End Fair Value of Stock and Option Awards Forfeited in the Covered Year	-	-	-	-
Compensation Actually Paid	$1,248,844	$6,656,296	$1,097,819	$727,028

Compensation Actually Paid vs. Total Shareholder Return

Compensation Actually Paid vs. Net Income

Compensation Actually Paid vs. Company Selected Measure

Tabular List, Table

Tabular List of Performance Measures

Listed below are the performance measures that in our assessment represent the most important performance measures used by us to link compensation actually paid to our named executive officers for 2023 to Company performance.



Performance Measure	Nature	Explanation
Adjusted EBITDA	Financial Measure	A non-GAAP financial measure. See Appendix A to this Proxy Statement for additional information, including how we define this financial measure and a reconciliation to Net (Loss) Income, the most directly comparable financial measure calculated and presented in accordance with U.S. GAAP.
Adjusted Free Cash Flow	Financial Measure	A non-GAAP financial measure. See Appendix A to this Proxy Statement for additional information, including how we define this financial measure and a reconciliation to Net Cash Provided by Operating Activities, the most directly comparable financial measure calculated and presented in accordance with U.S. GAAP .
Relative Total Shareholder Return	Financial Measure	Our PSUs are based on our relative total shareholder return achievement, with total shareholder return (measured by stock performance price and any dividends reinvested) for us compared against that for a peer group.