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.

Insights

Equity compensation analyst

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

1 transaction reported

Mixed 1 txn

Insider von Pentz Markwart

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Deferred Stock Units	25,000	$0.00	$0.00

Holdings After Transaction: Deferred Stock Units — 25,000 shares (Direct)

Footnotes (1)

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

DSUs granted: 25,000 units Grant price: $0.00 per unit DSUs after transaction: 25,000 units +1 more

4 metrics

DSUs granted 25,000 units Deferred Stock Units granted June 2, 2026

Grant price $0.00 per unit Director DSU award under compensation program

DSUs after transaction 25,000 units Total Deferred Stock Units held following grant

Underlying shares 25,000 shares Common stock underlying DSUs

Key Terms

Deferred Stock Units, dividend equivalents, non-employee director compensation program, Amended and Restated 2022 Stock Incentive Plan

4 terms

Deferred Stock Units financial

"Represents deferred stock units ("DSUs") issued by Mercer International Inc."

Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.

dividend equivalents financial

"represents the right to receive one share of Mercer's common stock and dividend equivalents"

Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.

non-employee director compensation program financial

"as a grant to the Reporting Person under Mercer's non-employee director compensation program"

Amended and Restated 2022 Stock Incentive Plan financial

"under Mercer's non-employee director compensation program and Amended and Restated 2022 Stock Incentive Plan"

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/02/2026 - 08:20 PM Accepted by SEC EDGAR 06/02/2026 - 08:19 PM Learn about SEC filing dates

FAQ

What did Mercer International (MERC) director Markwart von Pentz report on this Form 4?

The Form 4 reports that director Markwart von Pentz received a grant of 25,000 Deferred Stock Units (DSUs) from Mercer International as part of its non-employee director compensation program under the Amended and Restated 2022 Stock Incentive Plan.

How many Deferred Stock Units did MERC grant to director Markwart von Pentz?

Mercer International granted 25,000 Deferred Stock Units (DSUs) to director Markwart von Pentz. Each DSU corresponds to one share of Mercer’s common stock, plus dividend equivalents, deliverable after he ceases to be a director, unless he further defers receipt under the plan terms.

When do the 25,000 DSUs granted to the MERC director vest?

The 25,000 DSUs vest on the earlier of the one-year anniversary of the June 2, 2026 grant date or the company’s 2027 annual general meeting. This schedule ties the award to the director’s board term and upcoming shareholder meeting cycle.

What does each DSU granted by Mercer International to its director represent?

Each DSU represents the right to receive one share of Mercer International common stock and related dividend equivalents. These are deliverable after the reporting person ceases to be a director, unless he elects to further defer settlement according to the DSU plan’s terms.

Is the MERC director’s DSU grant a market purchase or sale of stock?

No, the DSU grant is a compensation award, not an open-market purchase or sale. The director received 25,000 Deferred Stock Units at a price of $0.00 per unit under Mercer’s non-employee director compensation program and stock incentive plan.

How many DSUs does the MERC director hold after this reported transaction?

Following this transaction, director Markwart von Pentz holds 25,000 Deferred Stock Units directly. This balance reflects the full amount of the reported grant, with no additional derivative positions listed for him in this Form 4 data excerpt.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

von Pentz Markwart

(Last) (First) (Middle)

SUITE 1120

700 WEST PENDER STREET

(Street)

VANCOUVER V6C1G8

(City) (State) (Zip)

BRITISH COLUMBIA, CANADA

(Country)

2. Issuer Name and Ticker or Trading Symbol
MERCER INTERNATIONAL INC. [ MERC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/02/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Deferred Stock Units(1)	(1)	06/02/2026		A(1)		25,000(1)		(1)	(1)	Common Stock(1)	25,000(1)	(1)	25,000	D

Explanation of Responses:

1. 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.

	/s/Markwart von Pentz	06/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)