ALEKSON CYNTHIA MARGARET 4
Research Summary
AI-generated summary
Mercer (MERC) VP Cynthia Alekson Receives RSU Award — 7,188 Units
What Happened
- Cynthia Margaret Alekson, Vice President and Controller of Mercer International Inc. (MERC), was granted 7,188 restricted stock units (RSUs) on 2026-06-04. The grant is reported as a derivative award (code A) at $0.00 per unit (total recorded value $0 in the filing). This is an award/compensation grant, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-04; Form 4 filed 2026-06-05 (timely filing).
- Grant size: 7,188 restricted stock units (RSUs) recorded at $0.00 per unit.
- Vesting: RSUs vest on January 1, 2029, subject to Alekson’s continued service to Mercer (footnote F1).
- Nature of award: Each RSU represents a contingent right to receive one Mercer common share, or cash at the company’s election (footnote F1). This is a derivative/award grant (code A).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnote F2: Not applicable.
Context
- RSU grants are a common form of executive compensation and do not involve immediate purchase or sale of shares; value depends on Mercer’s stock price at vesting and company election to settle in stock or cash. This award should be viewed as compensation rather than a direct buy/sell signal by the insider.