Rettig Rainer 4
4 · MERCER INTERNATIONAL INC. · Filed Jun 2, 2026
Research Summary
AI-generated summary of this filing
MERCER (MERC) Director Rettig Rainer Receives Award
What Happened
Rettig Rainer, a director of Mercer International Inc. (MERC), received a grant of 25,000 cash-settled deferred stock units (DSUs) on June 2, 2026. The Form 4 reports this as a derivative award (transaction code A); no per-share price or immediate cash value is reported because the DSUs are cash-settled and pay out based on Mercer’s fair market value at redemption.
Key Details
- Transaction date: 2026-06-02 (reported on the same date).
- Award: 25,000 DSUs (cash-settled deferred stock units); classified as a grant (A).
- Price/value: N/A on grant — each DSU entitles the holder to a cash payment equal to the fair market value of one Mercer share on redemption.
- Vesting: DSUs vest on the earlier of one year from the grant date or the date of Mercer’s 2027 annual general meeting (2027 AGM).
- Dividend equivalents: The DSUs accrue dividend equivalents payable after the director ceases service (unless deferred per the plan).
- Shares owned after transaction: Not disclosed in the filing.
- Timeliness: Filing covers the transaction date and was filed the same day (no late filing indicated).
Context
This is a routine non-employee director compensation award (cash-settled DSUs), not an open-market purchase or sale. DSU grants are commonly used to compensate directors and do not by themselves indicate buying or selling sentiment in the market; payout depends on Mercer’s share price when redeemed.
Insider Transaction Report
- Award
Cash Settled Deferred Stock Units
[F1]2026-06-02+25,000→ 25,000 total→ Common Stock (25,000 underlying)
Footnotes (1)
- [F1]Represents cash settled deferred stock units ("DSUs") issued by Mercer International Inc. ("Mercer"), as a grant to the Reporting Person, at the election of the Reporting Person as an equity grant under Mercer's non-employee director compensation program in respect of the board term commencing June 1, 2026 and ending at its next regularly scheduled annual general meeting in 2027 (the "2027 AGM"). Each DSU represents the right to receive a cash payment equal to the fair market value of one share of Mercer's common stock on the redemption date(s) and dividend equivalents after the Reporting Person ceases to be a director of Mercer, unless deferred in accordance with its terms. These DSUs vest on the earlier of the one-year anniversary of the grant date or the date of the 2027 AGM.