Heine Eric Xavier 4

What Happened

• Heine Eric Xavier, Mercer International Inc. (MERC) Vice President, Sales, Marketing & Logistics, was granted 10,750 restricted stock units (RSUs) on 2026-06-04. The filing reports the acquisition as a derivative award at $0.00 (transaction code A). The RSUs represent contingent rights to receive Mercer common shares (or cash) and will vest subject to continued service.

Key Details

• Transaction date: 2026-06-04; Form 4 filed: 2026-06-05 (timely).
• Transaction type/code: Award/Grant (A) — derivative security (RSUs).
• Amount granted: 10,750 RSUs; acquisition price reported: $0.00; reported value on the Form 4: $0.
• Shares owned after transaction: Not specified in the filing.
• Footnotes: F1 — each RSU converts to one Mercer common share (or cash at company election); RSUs vest on January 1, 2029, subject to continued service. F2 — Not applicable.

Context

• RSU grants are a form of compensation/retention and are not the same as an open-market purchase or sale. Because these are contingent RSUs that vest in 2029, they do not reflect an immediate market transaction or liquidity event.