KELLOGG PETER R 4

What Happened
Peter R. Kellogg, listed as a 10% owner of Mercer International Inc. (MERC), bought 70,000 shares on July 22, 2025. The transaction was a purchase at $3.38 per share for a total purchase value of $236,600. This was a direct purchase (transaction code P), which is a net purchase rather than a sale.

Key Details

• Transaction date: 2025-07-22
• Price per share: $3.38
• Shares purchased: 70,000
• Total value: $236,600
• Transaction code: P (Purchase; open market or private purchase as reported)
• Shares owned after transaction: Not specified in the filing summary provided
• Filing date / timeliness: Form 4 filed 2026-03-10 (the report was filed late relative to the transaction date)
• Footnotes: None noted in the provided transaction details

Context
As a 10% owner, Kellogg is a significant shareholder (not necessarily a company executive); purchases by large owners can signal confidence but do not prove future performance. The filing’s late submission reduces the immediacy of this insider signal for short-term traders.