Mercer (MERC) HR chief receives 13,612 restricted stock units vesting in 2029
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ARGUIN GUY reported acquisition or exercise transactions in this Form 4 filing.
Mercer International Inc.'s Chief Human Resources Officer, Guy Arguin, received a grant of 13,612 restricted stock units. Each unit represents a contingent right to one share of Mercer common stock, or the cash value, at the company’s election.
The 13,612 restricted stock units vest on January 1, 2029, subject to Arguin’s continued service with Mercer. Following this grant, his reported derivative holdings consist of 13,612 restricted stock units tied to Mercer common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
ARGUIN GUY
Role
Chief Human Resources Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 13,612 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 13,612 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Mercer International Inc. ("Mercer") common stock, or, at the company's election, the cash value thereof. The restricted stock units vest on January 1, 2029 subject to the Reporting Person's continued service to Mercer. Not applicable.
Key Figures
RSUs granted: 13,612 units
Grant price: $0.0000 per unit
Underlying shares: 13,612 shares
+2 more
5 metrics
RSUs granted
13,612 units
Restricted stock unit grant to CHRO Guy Arguin
Grant price
$0.0000 per unit
Compensation-related RSU award
Underlying shares
13,612 shares
Common stock underlying the RSUs
Post-grant RSU holdings
13,612 units
Total derivative holdings after transaction
Vesting date
January 1, 2029
RSUs vest subject to continued service
Key Terms
Restricted Stock Units, contingent right, vest, cash value
4 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share of Mercer International Inc."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of Mercer International Inc. common stock, or the cash value thereof."
vest financial
"The restricted stock units vest on January 1, 2029 subject to the Reporting Person's continued service to Mercer."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
cash value financial
"common stock, or, at the company's election, the cash value thereof."
FAQ
What did Mercer (MERC) executive Guy Arguin report in this Form 4?
Guy Arguin reported receiving 13,612 restricted stock units as compensation. These units give him a contingent right to Mercer common stock or its cash value, subject to vesting and continued service conditions through January 1, 2029.
How many restricted stock units did Mercer (MERC) grant to Guy Arguin?
Mercer granted Guy Arguin 13,612 restricted stock units. Each unit corresponds to one share of Mercer common stock, or its cash value, and all are scheduled to vest on January 1, 2029 if he continues his service.
When do Guy Arguin’s Mercer (MERC) restricted stock units vest?
The 13,612 restricted stock units granted to Guy Arguin vest on January 1, 2029. Vesting is contingent on his continued service with Mercer International Inc., aligning the award with long-term retention and performance horizons.
What does each Mercer (MERC) restricted stock unit granted to Guy Arguin represent?
Each restricted stock unit represents a contingent right to receive one Mercer common share or its cash value. The company can choose stock or cash on settlement, and the units vest on January 1, 2029 if service requirements are met.
How many derivative securities does Guy Arguin hold after this Mercer (MERC) award?
After the award, Guy Arguin holds 13,612 restricted stock units as derivative securities. These units, tied to Mercer common stock, reflect his reported position following this compensation-related grant under the company’s equity program.