KELLOGG PETER R purchased 43.5% of their position (419.74K shares) of MERCER INTERNATIONAL INC. on the open market

Open‑market purchase worth $362.7K — a major conviction buy. The strongest form of insider conviction signal.

P · 15 purchases

KELLOGG PETER R

Filed: 7/8/2026ACC: 0001104659-26-081771

InsiderKELLOGG PETER RCIK 897485

→

IssuerMERCER INTERNATIONAL INC.CIK 1333274

10% Owner

Since Jul 2025

+419.74K

Net shares

Net buyer

$362.7K

Total acquired

Open market trades

15B · 0S

Total transactions

419.74K acquired

Non-Derivative Transactions15

Common Stock

Direct

P · Purchase

+16K

Price / share

$0.90

Trade value

$14.37K

% of position

1.7%

6/1/2026

965.93K→981.93K

Common Stock

Direct

P · Purchase

+36K

Price / share

$0.90

Trade value

$32.37K

% of position

3.7%

6/1/2026

981.93K→1.02M

Common Stock

Direct

P · Purchase

+2.73K

Price / share

$0.90

Trade value

$2.45K

% of position

0.3%

6/1/2026

1.02M→1.02M

Common Stock

Direct

P · Purchase

+10.15K

Price / share

$0.91

Trade value

$9.23K

% of position

1.0%

6/1/2026

1.02M→1.03M

Common Stock

Direct

P · Purchase

+1.05K

Price / share

$0.92

Trade value

$958.53

% of position

0.1%

6/2/2026

1.03M→1.03M

Common Stock

Direct

P · Purchase

+36K

Price / share

$0.89

Trade value

$32.02K

% of position

3.5%

6/4/2026

1.03M→1.07M

Common Stock

Direct

P · Purchase

+36K

Price / share

$0.85

Trade value

$30.59K

% of position

3.4%

6/5/2026

1.07M→1.10M

Common Stock

Direct

P · Purchase

+34.73K

Price / share

$0.80

Trade value

$27.73K

% of position

3.1%

6/8/2026

1.10M→1.14M

Common Stock

Direct

P · Purchase

+23.64K

Price / share

$0.79

Trade value

$18.76K

% of position

2.1%

6/9/2026

1.14M→1.16M

Common Stock

Direct

P · Purchase

+36K

Price / share

$0.82

Trade value

$29.67K

% of position

3.1%

6/10/2026

1.16M→1.20M

Common Stock

Direct

P · Purchase

+136K

Price / share

$0.86

Trade value

$116.95K

% of position

11.4%

6/11/2026

1.20M→1.33M

Common Stock

Direct

P · Purchase

+36K

Price / share

$0.93

Trade value

$33.50K

% of position

2.7%

6/12/2026

1.33M→1.37M

Common Stock

Direct

P · Purchase

+1.21K

Price / share

$0.90

Trade value

$1.09K

% of position

0.1%

6/12/2026

1.37M→1.37M

Common Stock

Direct

P · Purchase

+200.00

Price / share

$0.91

Trade value

$181.70

% of position

0.0%

6/12/2026

1.37M→1.37M

Common Stock

Direct

P · Purchase

+14.03K

Price / share

$0.91

Trade value

$12.77K

% of position

1.0%

6/12/2026

1.37M→1.39M

Total

Net shares

+419.74K

Net value

$362.67K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	6/1/2026	P · Purchase	+16K	$0.90	$14.37K	1.7%	965.93K	981.93K
Common Stock Direct	6/1/2026	P · Purchase	+36K	$0.90	$32.37K	3.7%	981.93K	1.02M
Common Stock Direct	6/1/2026	P · Purchase	+2.73K	$0.90	$2.45K	0.3%	1.02M	1.02M
Common Stock Direct	6/1/2026	P · Purchase	+10.15K	$0.91	$9.23K	1.0%	1.02M	1.03M
Common Stock Direct	6/2/2026	P · Purchase	+1.05K	$0.92	$958.53	0.1%	1.03M	1.03M
Common Stock Direct	6/4/2026	P · Purchase	+36K	$0.89	$32.02K	3.5%	1.03M	1.07M
Common Stock Direct	6/5/2026	P · Purchase	+36K	$0.85	$30.59K	3.4%	1.07M	1.10M
Common Stock Direct	6/8/2026	P · Purchase	+34.73K	$0.80	$27.73K	3.1%	1.10M	1.14M
Common Stock Direct	6/9/2026	P · Purchase	+23.64K	$0.79	$18.76K	2.1%	1.14M	1.16M
Common Stock Direct	6/10/2026	P · Purchase	+36K	$0.82	$29.67K	3.1%	1.16M	1.20M
Common Stock Direct	6/11/2026	P · Purchase	+136K	$0.86	$116.95K	11.4%	1.20M	1.33M
Common Stock Direct	6/12/2026	P · Purchase	+36K	$0.93	$33.50K	2.7%	1.33M	1.37M
Common Stock Direct	6/12/2026	P · Purchase	+1.21K	$0.90	$1.09K	0.1%	1.37M	1.37M
Common Stock Direct	6/12/2026	P · Purchase	+200.00	$0.91	$181.70	0.0%	1.37M	1.37M
Common Stock Direct	6/12/2026	P · Purchase	+14.03K	$0.91	$12.77K	1.0%	1.37M	1.39M
Total			+419.74K		$362.67K

Derivative Transactions0

No derivative transactions reported

Non-Derivative Holdings (Post-Transaction)15

Common Stock

Indirect

Shares owned2.30M

Common Stock

Indirect

Shares owned253K

Common Stock

Indirect

Shares owned630K

Common Stock

Indirect

Shares owned10K

Common Stock

Indirect

Shares owned10K

Common Stock

Indirect

Shares owned35K

Common Stock

Indirect

Shares owned1.96M

Common Stock

Indirect

Shares owned1.36M

Common Stock

Indirect

Shares owned225K

Common Stock

Indirect

Shares owned100K

Common Stock

Indirect

Shares owned1M

Common Stock

Indirect

Shares owned540K

Common Stock

Indirect

Shares owned13.47M

Common Stock

Indirect

Shares owned10K

Common Stock

Indirect

Shares owned2M

Total

23.91M indirect23.91M

Security Title	Shares Owned	Ownership Type
Common Stock	2.30M	Indirect
Common Stock	253K	Indirect
Common Stock	630K	Indirect
Common Stock	10K	Indirect
Common Stock	10K	Indirect
Common Stock	35K	Indirect
Common Stock	1.96M	Indirect
Common Stock	1.36M	Indirect
Common Stock	225K	Indirect
Common Stock	100K	Indirect
Common Stock	1M	Indirect
Common Stock	540K	Indirect
Common Stock	13.47M	Indirect
Common Stock	10K	Indirect
Common Stock	2M	Indirect
Total	23.91M	23.91M indirect

Derivative Holdings (Post-Transaction)0

No derivative holdings reported