Mercer International (MERC) grants director 25,000 deferred stock units for 2026–2027 board term
Rhea-AI Filing Summary
CORRICK THOMAS KEVIN reported acquisition or exercise transactions in this Form 4 filing.
Mercer International Inc. reported that director Thomas Kevin Corrick received a grant of 25,000 Deferred Stock Units (DSUs) under the company’s non-employee director compensation program and Amended and Restated 2022 Stock Incentive Plan. Following this award, Corrick holds 75,008 DSUs in total.
Each DSU represents one share of Mercer common stock plus dividend equivalents, vesting on the earlier of the one-year anniversary of the grant date or the 2027 annual general meeting. The DSUs are generally settled after Corrick ceases to be a director, unless he elects to defer further under the plan’s terms.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 25,000 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents deferred stock units ("DSUs") issued by Mercer International Inc. ("Mercer) as a grant to the Reporting Person under Mercer's non-employee director compensation program and Amended and Restated 2022 Stock Incentive Plan in respect of the board term commencing June 1, 2026 and ending at its next regularly scheduled annual general meeting in 2027 (the "2027 AGM"). Each DSU vests on the earlier of the one year anniversary of the grant date or the date of the 2027 AGM and represents the right to receive one share of Mercer's common stock and dividend equivalents after the Reporting Person ceases to be a director of Mercer, unless deferred in accordance with its terms.
Key Figures
Key Terms
Deferred Stock Units financial
non-employee director compensation program financial
Amended and Restated 2022 Stock Incentive Plan financial
dividend equivalents financial
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