Mercer (NASDAQ: MERC) director receives 25,000 deferred stock units as board pay
Rhea-AI Filing Summary
von Pentz Markwart reported acquisition or exercise transactions in this Form 4 filing.
Mercer International Inc. granted director Markwart von Pentz 25,000 Deferred Stock Units (DSUs) as part of its non-employee director compensation program under the Amended and Restated 2022 Stock Incentive Plan. Each DSU represents the right to receive one share of common stock and dividend equivalents after he ceases to be a director, unless further deferred.
The DSUs vest on the earlier of the one-year anniversary of the June 2, 2026 grant date or the 2027 annual general meeting. Following this grant, von Pentz holds 25,000 DSUs directly.
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Insights
Routine director equity grant via DSUs, no cash trading involved.
Mercer International granted director Markwart von Pentz 25,000 Deferred Stock Units (DSUs) at a price of $0.00 per unit under its non-employee director compensation program and Amended and Restated 2022 Stock Incentive Plan.
The DSUs vest on the earlier of the one-year anniversary of the June 2, 2026 grant or the 2027 annual general meeting and convert into common shares with dividend equivalents after he ceases to be a director, unless deferred. This is compensation-related equity, not an open-market purchase or sale.
After the grant, von Pentz directly holds 25,000 DSUs, with no remaining derivative positions shown beyond this award. As a standard board compensation grant with no cash transaction, it is typically viewed as an administrative governance item rather than a trading signal.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 25,000 | $0.00 | -- |
Footnotes (1)
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