Mercer (NASDAQ: MERC) COO granted 30,505 restricted stock units vesting in 2029
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Koppensteiner Adolf reported acquisition or exercise transactions in this Form 4 filing.
Mercer International Inc. reported that COO, Pulp Products, Adolf Koppensteiner received a grant of 30,505 restricted stock units. Each unit represents a right to receive one share of Mercer common stock, or cash of equal value, vesting on January 1, 2029 if he remains in service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Koppensteiner Adolf
Role
COO, Pulp Products
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 30,505 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 30,505 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Mercer International Inc. ("Mercer") common stock, or, at the company's election, the cash value thereof. The restricted stock units vest on January 1, 2029 subject to the Reporting Person's continued service to Mercer. Not applicable.
Key Figures
RSUs granted: 30,505 units
Vesting date: January 1, 2029
Underlying shares: 30,505 shares
+2 more
5 metrics
RSUs granted
30,505 units
Restricted stock units awarded to COO, Pulp Products
Vesting date
January 1, 2029
RSUs vesting contingent on continued service
Underlying shares
30,505 shares
Each RSU linked to one share of common stock
Exercise/Conversion price
$0.00 per unit
Equity award granted at no cash cost to executive
Post-grant derivative holdings
30,505 units
Total RSUs held following the transaction
Key Terms
Restricted Stock Units, contingent right, vest, grant, award, or other acquisition
4 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share of Mercer International Inc. common stock"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"represents a contingent right to receive one share of Mercer International Inc. common stock"
vest financial
"The restricted stock units vest on January 1, 2029 subject to the Reporting Person's continued service"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did MERC report for Adolf Koppensteiner?
Mercer International Inc. reported that COO, Pulp Products, Adolf Koppensteiner received a grant of 30,505 restricted stock units. These units are a form of equity compensation tied to Mercer’s common stock, subject to future vesting conditions.
How many restricted stock units did MERC grant to its COO, Pulp Products?
Mercer granted Adolf Koppensteiner 30,505 restricted stock units. Each unit is linked to one share of Mercer common stock or its cash value, providing long-term incentive aligned with shareholder interests once the vesting conditions are satisfied.
When do Adolf Koppensteiner’s MERC restricted stock units vest?
The restricted stock units vest on January 1, 2029. Vesting is conditioned on Adolf Koppensteiner’s continued service with Mercer International Inc., meaning he generally must remain employed through that date to receive the underlying shares or cash value.
What does each MERC restricted stock unit represent in this Form 4?
Each restricted stock unit represents a contingent right to receive one share of Mercer common stock or, at the company’s election, the cash value of that share. This structure gives Mercer flexibility in how it ultimately settles the award at vesting.
Is Adolf Koppensteiner’s MERC Form 4 transaction an open-market buy or sell?
No, the transaction is a grant of restricted stock units classified as an acquisition under code A. It reflects equity compensation awarded by Mercer International Inc., rather than an open-market purchase or sale of existing shares by the executive.