Mercer International (MERC) insider Peter Kellogg buys 70,000 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mercer International Inc. large shareholder Peter R. Kellogg reported an open-market purchase of 70,000 shares of common stock at $3.38 per share through the Peter and Cynthia Kellogg Foundation. That foundation now holds 1,000,000 shares, while Kellogg also reports additional direct and indirect holdings through various trusts, entities, and related parties.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 70,000 shares ($236,600)
Net Buy
17 txns
Insider
KELLOGG PETER R
Role
10% Owner
Bought
70,000 shs ($237K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 70,000 | $3.38 | $237K |
| holding | Common Stock | -- | -- | -- |
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| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
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Holdings After Transaction:
Common Stock — 1,000,000 shares (Indirect, Via Peter and Cynthia Kellogg Foundation);
Common Stock — 965,929 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did MERCER INTERNATIONAL (MERC) report?
An entity associated with Peter R. Kellogg bought 70,000 Mercer International common shares. The purchase was an open-market transaction at $3.38 per share, reported on a Form 4 insider filing for this large shareholder.
What is the overall direction of insider activity in this MERC Form 4?
The Form 4 shows net insider buying activity, with a single reported open-market purchase of 70,000 shares and no sales. Other table entries reflect existing direct and indirect holdings rather than additional buy or sell transactions.
Who is the reporting person on the MERC Form 4 filing?
The reporting person is Peter R. Kellogg, identified as a ten percent owner of Mercer International Inc. The Form 4 details both his direct holdings and multiple indirect holdings through foundations, trusts, and affiliated entities.