Mercer International (MERC) Director Increases Stake by 2,000 Shares

Rhea-AI Filing Summary

Insider purchase reported: A company director, Alice Laberge, reported buying 2,000 shares of Mercer International at $2.99 per share, bringing her total holdings to 10,065 shares. This Form 4 records a routine insider purchase and shows the director increasing her stake in the company.

Positive

• Director purchase: Alice Laberge acquired 2,000 shares at $2.99 per share.
• Increased insider ownership: Holding rose to 10,065 shares, demonstrating additional insider alignment with shareholders.

Negative

• None.

Insights

Financial Analyst

TL;DR: Director bought a modest number of shares, signaling minor insider support but not materially changing ownership.

The reported purchase of 2,000 shares at $2.99 increases the director's position to 10,065 shares. For investors, this is a factual insider purchase recorded on Form 4. The size of the purchase appears modest relative to typical institutional holdings and does not represent a material shift in control or ownership. It is a datapoint that may be viewed positively as alignment of interest but is not, by itself, a major catalyst.

Corporate Governance Expert

TL;DR: Routine disclosure of an insider buy; no governance issues flagged.

The filing identifies Alice Laberge as a director and records a purchase transaction coded 'P'. The disclosure follows Section 16 reporting requirements and includes the post-transaction beneficial ownership. There are no indications in the document of departures, policy changes, or related-party transactions. From a governance perspective, this is a standard, compliant insider report.

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
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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 A1 V6C 1G8

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
08/07/2025

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

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

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

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
Common Stock	08/07/2025		P		2,000	A	$2.99	10,065	D

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

Explanation of Responses:

	/s/ Alice Laberge	08/07/2025
	** 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.

FAQ

What did the Form 4 for MERC report?

The Form 4 reports that director Alice Laberge purchased shares of Mercer International and disclosed the transaction.

How many shares did the insider buy in MERC?

The report shows a purchase of 2,000 shares.

At what price were the MERC shares purchased?

The shares were reported bought at $2.99 per share.

What is the insider's total holding after the transaction?

After the transaction the insider's beneficial ownership is reported as 10,065 shares.

Who filed the Form 4 for MERC and what is their relationship to the company?

The filing was submitted by Alice Laberge, who is identified as a Director of Mercer International.