Mercer holder Kellogg buys 700K shares
Mercer International’s ten percent owner Peter R. Kellogg, through entities including Harco, reported open-market purchases of 700,000 shares of common stock on May 15, 18 and 19, 2026 at prices around $0.95–$0.97 per share.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Mercer International’s ten percent owner Peter R. Kellogg, through entities including Harco, reported open-market purchases of 700,000 shares of common stock on May 15, 18 and 19, 2026 at prices around $0.95–$0.97 per share. Harco’s indirect holdings rose to 1,957,000 shares, and the filing also lists substantial additional direct and indirect holdings across various companies, trusts and a foundation associated with Kellogg.
Insider Trade Summary
Net Buyer: 700,000 shares
Net Buy
19 txns
Insider
KELLOGG PETER R
Role
10% Owner
Bought
700,000 shs ($672K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 105,000 | $0.9747 | $102K |
| Purchase | Common Stock | 380,000 | $0.9645 | $367K |
| Purchase | Common Stock | 215,000 | $0.9469 | $204K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
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| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
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| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
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Holdings After Transaction:
Common Stock — 1,957,000 shares (Indirect, Via Harco);
Common Stock — 965,929 shares (Direct);
Common Stock — 253,000 shares (Indirect, Via E.G. Anderson Inc.);
Common Stock — 1,000,000 shares (Indirect, Via Peter and Cynthia Kellogg Foundation);
Common Stock — 1,360,000 shares (Indirect, Via Non Marital PRK Trust);
Common Stock — 2,300,000 shares (Indirect, Via Spouse);
Common Stock — 2,000,000 shares (Indirect, Via Bermuda Partners);
Common Stock — 10,000 shares (Indirect, Via Cardia Company Inc.);
Common Stock — 13,475,000 shares (Indirect, Via IAT Insurance Co. Ltd.);
Common Stock — 10,000 shares (Indirect, Via C. Kellogg & P Kellogg TTEE U/W Charles A Kirkland Trust);
Common Stock — 35,000 shares (Indirect, Via the Myth and Barnegat Restoration Society, Inc.);
Common Stock — 10,000 shares (Indirect, Via C. Kellogg & P Kellogg TTEE U/W Anne Kirkland Trust);
Common Stock — 100,000 shares (Indirect, Via Acceptance Casualty);
Common Stock — 225,000 shares (Indirect, Via Acceptance Indemnity);
Common Stock — 630,000 shares (Indirect, Via Wilshire);
Common Stock — 540,000 shares (Indirect, Via Transguard);
Common Stock — 510,000 shares (Indirect, Via Occidental)
Key Figures
Total shares bought: 700,000 shares
May 15 purchase: 215,000 shares at $0.9469
May 18 purchase: 380,000 shares at $0.9645
+3 more
6 metrics
Total shares bought
700,000 shares
Open-market purchases by Kellogg-related entities reported in Form 4
May 15 purchase
215,000 shares at $0.9469
Open-market purchase via Harco on May 15, 2026
May 18 purchase
380,000 shares at $0.9645
Open-market purchase via Harco on May 18, 2026
May 19 purchase
105,000 shares at $0.9747
Open-market purchase via Harco on May 19, 2026
Harco indirect holdings
1,957,000 shares
Harco’s Mercer stake after May 19, 2026 purchase
Direct holdings
965,929 shares
Shares held directly by Peter R. Kellogg as of May 15, 2026
Key Terms
open-market purchase, ten percent owner, indirect ownership, transaction summary, +1 more
5 terms
open-market purchase financial
"transaction_action: "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
ten percent owner financial
"reporting person is marked as "is_ten_percent_owner": 1"
indirect ownership financial
"ownership_type: "indirect" and nature_of_ownership: "Via Harco""
transaction summary financial
""transactionSummary" shows buyShares of 700000 and net-buy direction"
common stock financial
"security_title is listed as "Common Stock" for all entries"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did MERC’s Peter R. Kellogg report on this Form 4?
The Form 4 shows entities associated with ten percent owner Peter R. Kellogg, including Harco, made open-market purchases totaling 700,000 Mercer International shares on May 15, 18 and 19, 2026 at prices just under one dollar per share.
What are Harco’s Mercer (MERC) holdings after these open-market purchases?
After the reported transactions, Harco’s indirect holdings of Mercer International common stock increased to 1,957,000 shares. These Harco-held shares are reported as indirectly owned by ten percent owner Peter R. Kellogg in the Form 4 filing.
What is the overall direction of the insider activity reported for MERC?
The transaction summary shows a net buying pattern, with three open-market purchase transactions totaling 700,000 shares and no reported sales. The filing also includes sixteen holding entries that update reported positions across multiple entities.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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