Director Alice Laberge adds Mercer International (MERC) shares via open-market buy

Rhea-AI Filing Summary

Mercer International director Alice Laberge reported an open-market purchase of 1,000 shares of Mercer International common stock on February 25, 2026 at $1.90 per share. The shares are held indirectly through a Registered Retirement Savings Plan, which now holds 2,000 shares. Separately, Laberge reports direct ownership of 11,065 common shares.

Insider Trade Summary

Net Buyer: 1,000 shares ($1,900)

Net Buy 2 txns

Insider Laberge Alice

Role Director

Bought 1,000 shs ($2K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	1,000	$1.90	$2K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 2,000 shares (Indirect, Registered Retirement Savings Plan); Common Stock — 11,065 shares (Direct)

Footnotes (1)

Form 4 Insider Transactions: What Each Field Means →

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 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)
02/25/2026

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	02/25/2026		P		1,000	A	$1.9	2,000	I	Registered Retirement Savings Plan
Common Stock								11,065	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	02/27/2026
	** 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.

FAQ

What insider transaction did Mercer International (MERC) report for Alice Laberge?

Mercer International reported that director Alice Laberge bought 1,000 common shares on February 25, 2026. The filing classifies this as an open-market purchase at $1.90 per share, increasing her indirectly held position through a Registered Retirement Savings Plan.

At what price did Alice Laberge buy Mercer International (MERC) shares?

Alice Laberge bought Mercer International common stock at $1.90 per share. The transaction involved 1,000 shares in an open-market purchase on February 25, 2026, according to the Form 4 insider trading report filed for Mercer International Inc.

How many Mercer International (MERC) shares does Alice Laberge hold after this Form 4?

After the reported transaction, Alice Laberge holds 2,000 Mercer International shares indirectly and 11,065 shares directly. The 2,000 shares are in a Registered Retirement Savings Plan, while the 11,065 shares are reported as directly owned common stock.

Was the Mercer International (MERC) insider trade by Alice Laberge a buy or sell?

The insider trade reported for Alice Laberge was a buy transaction. She executed an open-market purchase of 1,000 Mercer International common shares on February 25, 2026, as reflected by transaction code P and the transaction_direction field marked as buy.

How were Alice Laberge’s Mercer International (MERC) shares held in the reported transaction?

The 1,000 Mercer International shares from the reported transaction are held indirectly. They are owned through a Registered Retirement Savings Plan, which now holds a total of 2,000 common shares attributed to Alice Laberge in the Form 4 filing.

Does the Form 4 for Mercer International (MERC) show any share sales by Alice Laberge?

The Form 4 does not show any sales by Alice Laberge. It reports one open-market purchase of 1,000 common shares and includes a separate line updating her directly held balance of 11,065 shares, without indicating any sale transactions.