KELLOGG PETER R 4

What Happened

• Peter R. Kellogg, reported as a 10% owner of Mercer International Inc. (MERC), purchased a total of 419,743 shares in multiple open-market transactions between June 1 and June 12, 2026.
• The purchases ranged from $0.79 to $0.93 per share, totaling approximately $362,665. The largest single trade listed was 136,000 shares on 2026-06-11 at $0.86 (~$116,946).
• These were outright purchases (transaction code P) — purchases are information that some investors view as a bullish signal, but they do not prove intent.

Key Details

• Dates & prices (summary): June 1–12, 2026; prices ranged $0.79–$0.93 per share (multiple trades on 6/1, 6/2, 6/4, 6/5, 6/8, 6/9, 6/10, 6/11, 6/12).
• Total acquired: 419,743 shares for about $362,665 (aggregate of reported trades).
• Largest trade: 136,000 shares @ $0.86 on 2026-06-11 (~$116,946).
• Shares owned after transaction: Not disclosed in the provided filing excerpt.
• Footnotes/plans: No 10b5-1 plan, tax-withholding, or other special footnotes were noted in the supplied transaction list.
• Timeliness: The Form 4 was filed on 2026-07-08; because the reported trades occurred June 1–12, the filing appears late (more than the standard two-business-day reporting window), which reduces near-term transparency.

Context

• As a 10% owner (a significant holder rather than an employee/exec trade), Kellogg’s purchases reflect accumulation of shares but do not convey insider views about near-term company performance.
• These were straightforward open-market purchases (no option exercises, gifts, or awards).