Mercer director granted 25,000 cash DSUs

Laberge Alice reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Laberge Alice reported acquisition or exercise transactions in this Form 4 filing.

MERCER INTERNATIONAL INC. reported that director Alice Laberge received a grant of 25,000 cash settled deferred stock units (DSUs) as part of the non-employee director compensation program for the board term starting June 1, 2026 and ending at the 2027 annual general meeting. Each DSU tracks the value of one share of common stock and pays cash, plus dividend equivalents, after she ceases to be a director unless further deferred. Following this grant, she holds 96,085 DSUs directly, which vest on the earlier of the one-year anniversary of the grant date or the 2027 annual general meeting.

Insider Trade Summary

Grant/Award: 25,000 shares

Grant/Award 1 txn

Insider Laberge Alice

Role Director

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

Holdings After Transaction: Cash Settled Deferred Stock Units — 96,085 contracts (Direct)

Footnotes (1)

1. F1. Represents cash settled deferred stock units ("DSUs") issued by Mercer International Inc. ("Mercer"), as a grant to the Reporting Person, at the election of the Reporting Person as an equity grant under Mercer's non-employee director compensation program 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 represents the right to receive a cash payment equal to the fair market value of one share of Mercer's common stock on the redemption date(s) and dividend equivalents after the Reporting Person ceases to be a director of Mercer, unless deferred in accordance with its terms. These DSUs vest on the earlier of the one-year anniversary of the grant date or the date of the 2027 AGM.

Key Figures

DSUs granted: 25,000 units DSUs outstanding after grant: 96,085 units Board term covered: June 1, 2026–2027 AGM

3 metrics

DSUs granted 25,000 units Cash settled deferred stock units granted to director on equity basis

DSUs outstanding after grant 96,085 units Total cash settled deferred stock units held directly after transaction

Board term covered June 1, 2026–2027 AGM Director board term for which the DSU grant was awarded

Key Terms

cash settled deferred stock units, non-employee director compensation program, dividend equivalents, annual general meeting

4 terms

cash settled deferred stock units financial

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

non-employee director compensation program financial

"as an equity grant under Mercer's non-employee director compensation program"

dividend equivalents financial

"and dividend equivalents after the Reporting Person ceases to be a director"

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.

annual general meeting financial

"ending at its next regularly scheduled annual general meeting in 2027"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did MERCER INTERNATIONAL INC. (MERC) report for Alice Laberge?

MERCER INTERNATIONAL INC. reported that director Alice Laberge received 25,000 cash settled deferred stock units as a grant under the non-employee director compensation program for the board term from June 1, 2026 through the 2027 annual general meeting.

What are the key terms of the 25,000 DSUs granted to MERC director Alice Laberge?

Each DSU represents a right to a cash payment equal to the fair market value of one MERCER common share on redemption, plus dividend equivalents. These DSUs vest on the earlier of the one-year anniversary of the grant date or the 2027 annual general meeting.

When will Alice Laberge’s MERCER DSUs be paid out?

The DSUs will be redeemed for cash after Alice Laberge ceases to be a director of MERCER INTERNATIONAL INC., unless she elects to defer payment further in accordance with the DSU plan’s terms and related elections described for directors.

How many deferred stock units does Alice Laberge hold after this MERC transaction?

After receiving the 25,000 cash settled deferred stock unit grant, Alice Laberge directly holds a total of 96,085 DSUs. This figure reflects her updated position in cash-settled, stock-based director compensation tied to MERCER’s common shares’ fair market value.

What period of board service does this MERCER DSU grant cover for Alice Laberge?

The DSU grant was made for her board term commencing June 1, 2026 and ending at MERCER INTERNATIONAL INC.’s next regularly scheduled annual general meeting in 2027. The DSUs vest by the earlier of one year from grant or that 2027 meeting date.

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

Form 4 Insider Transactions: What Each Field Means →

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

Add on Google Not now

Accepted by SEC EDGAR 06/02/2026 - 07:44 PM EDT Learn about SEC filing dates

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^*

Laberge Alice

(Last) (First) (Middle)

SUITE 1120, 700 WEST PENDER STREET

(Street)

VANCOUVER V6C 1G8

(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
Cash Settled Deferred Stock Units(1)	(1)	06/02/2026		A(1)		25,000		(1)	(1)	Common Stock(1)	25,000(1)	(1)	96,085	D

Explanation of Responses:

1. Represents cash settled deferred stock units ("DSUs") issued by Mercer International Inc. ("Mercer"), as a grant to the Reporting Person, at the election of the Reporting Person as an equity grant under Mercer's non-employee director compensation program 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 represents the right to receive a cash payment equal to the fair market value of one share of Mercer's common stock on the redemption date(s) and dividend equivalents after the Reporting Person ceases to be a director of Mercer, unless deferred in accordance with its terms. These DSUs vest on the earlier of the one-year anniversary of the grant date or the date of the 2027 AGM.

	/s/ Alice Laberge	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)