Set height with a jig.
The full Graphtec manual shows the holder seated in a separate height adjustment tool. With the fitting loose, the pen is inserted gently until its tip reaches the bottom datum, then the fitting is tightened.
A jig for our holder would put that datum 33.12 mm below the flange contact face, using your target rather than a dimension from the manual. Hold the barrel during tightening, avoid intentional nib deflection and recheck the height afterward.
A matching jig has not yet been modeled. Read the full manual findings.
Release needs testing too. Unscrewing the cap removes pressure but does not pull the insert out of the taper. The fingers must relax, or the pen and insert must withdraw together by the barrel.
The charcoal shape shows only the 9.85 mm barrel envelope. The old nose cone is retained for context; final universal nose geometry still needs three axial measurements.