Ridder Wolfram 4

What Happened
Ridder Wolfram, Senior VP, Innovation & Government at Mercer International (MERC), received a grant of 18,665 restricted stock units (RSUs) on 2026-06-04. The award was reported at $0.00 (derivative award) so no cash was paid at grant. Per the filing, each RSU represents a contingent right to one share of Mercer common stock (or cash at the company’s election) and the RSUs vest on January 1, 2029 subject to continued service.

Key Details

• Transaction date: 2026-06-04
• Form 4 filed: 2026-06-05 (filed the day after the grant) — appears timely
• Transaction type/code: Award (A) — Restricted Stock Units
• Units granted: 18,665 RSUs; reported acquisition price $0.00; reported value $0
• Shares owned after transaction: Not disclosed in this filing
• Footnotes: F1 explains RSUs convert to one share or cash and vest 01/01/2029; F2 not applicable

Context
RSUs are a form of deferred compensation: they do not represent immediate stock ownership or a market buy/sell and only convert to shares (or cash) if and when they vest. This is a standard equity award to an executive and should be viewed as compensation rather than an open-market purchase or sale.