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EdgarHawk

Peter R Kellogg

10% Owner

10% Owner

Latest: Insider buying · May 2026

6 filings analyzed · 1 company · Latest 2026-05-20

Companies

Company Buys Sells Direction
MERCER INTERNATIONAL INC. MERC 46 0 Net buying

Activity

May 2026
medium
Buy
700,000 shares
$672,437
Significance 6/10

Peter R Kellogg (10% Owner) purchases 700,000 shares ($672,437.00) at avg $0.96; holdings rise 55.7% to 1.96M shares.

Peter R Kellogg executed 3 separate purchases totaling 700,000 shares for $672,437.00 between May 15–19, 2026, raising his holdings from 1.26M to 1.96M shares (+55.7%). The current price of $0.99 sits -77.8% from the 52-week high of $4.47 and has declined 52.2% over the past 90 days. At this specific ticker, Kellogg's prior 5 buys (all in November 2025) each posted positive 30-day returns between +12.6% and +16.7%; his cross-ticker track record across 20 prior buys shows a 68.75% 90-day win rate with average 90-day return of +1.0%. The company's fundamentals show revenue of $489,304,000.00 in the latest quarter against net income of -$51,996,000.00, with annual revenue declining 8.6% year-over-year and a market cap of $66,312,680.94. This large open-market accumulation by a 10% owner during an extended price decline in an unprofitable business merits monitoring for directional signals relative to his historical execution pattern at this ticker.

high
Buy
300,000 shares
$262,398
Significance 6/10

10% Owner Peter R Kellogg buys 300,000 shares (300.0K) across 3 transactions for $262,397.70 at MERC, boosting stake to 1,257,000 shares

Peter R Kellogg, a 10% owner, executed 3 separate purchases totaling 300,000 shares for $262,397.70 ($262.4K) over two days (May 12-14, 2026) at a blended average price of $0.87, expanding his holding from 957,000 to 1,257,000 shares. His prior 5 purchases at MERC in November 2025 showed 30-day returns ranging from 12.6% to 16.7%, and 4 of those 5 purchases were well-timed at the 90-day mark. However, the current stock price of $0.94 stands 79.0% below its 52-week high and has declined 13.8% over 30 days and 47.2% over 90 days, reflecting material deterioration since his November activity. Against this backdrop, the timing and scale of this fresh accumulation—alongside his historical pattern of well-timed entries at this ticker—warrant attention to whether this signals continued conviction or reflects a different market context.

March 2026
high
Buy
70,000 shares
$236,600
Significance 6/10

10% owner KELLOGG bought 70,000 shares of MERC at $3.38 on 2025-07-22; stock now -78.1% from 52-week high at $1.67.

KELLOGG, a 10% owner of Mercer International, purchased 70,000 shares at $3.38 on 2025-07-22, increasing his holdings to 1,000,000 shares. The timing of this buy is notable: the stock has since declined 78.1% from the 52-week high of $7.62, trading now at $1.67. His prior five trades at this ticker show a 4-of-5 pattern of well-timed buys at the 90-day mark, with four trades generating positive 90-day returns. However, the current price level represents a dramatic reversal—this recent purchase was made at $3.38 yet the stock has collapsed significantly below that entry point. The company remains unprofitable with net income of -$80.8M on revenue of $458.1M, and annual revenue has contracted by 8.6%, adding fundamental headwinds to what may have been an attempted accumulation by a major shareholder.

December 2025
high
Buy
1,014,540 shares
$1,879,939
Significance 6/10

10% owner Kellogg buys 1,014,540 shares (1.01M) for $1,879,938.78 over 29 open-market transactions Oct-Nov 2025

Kellogg Peter R, a 10% owner of Mercer International (MERC), executed 29 separate open-market purchases totaling 1,014,540 shares (1.01M shares) for $1,879,938.78 ($1.9M) at an average price of $1.85 between October 3 and November 13, 2025. The purchases increased his holdings from 505,460 shares to 1,520,000 shares, a net increase of +200.7%. The timing of these purchases is notable: they span a period when MERC traded from $2.79 down to $1.68–$1.72, and the stock has since declined 77.6% from its 52-week high of $8.16, trading at $1.83 currently (down 40% over 90 days). At the same ticker, his 5 prior buy transactions had a 0% success rate at the 90-day mark, with average 90-day returns of -27.8%, -24.9%, -13.9%, -13.9%, and -14.0%. The company reported a net loss of $80.8M in its most recent quarter on revenue of $458.1M, and was unprofitable over its full fiscal year, raising questions about the strategic rationale for sustained accumulation during a prolonged decline and deteriorating financial condition.

July 2025
high
Buy
760,000 shares
$2,470,000
Significance 6/10

10% Owner Kellogg buys 760,000 shares of MERC at $3.25, raising stake to 2.30M shares; stock down 57.3% from 52-week high.

KELLOGG PETER R, a 10% owner, purchased 760,000 shares at $3.25 on 2025-07-22, increasing his holdings by 49.4% from 1.54M to 2.30M shares. The purchase occurred when the stock was trading at $3.49, down 57.3% from its 52-week high of $8.18 and down 22.8% over the past 90 days. Mercer International is currently unprofitable, with a net loss of $22.3M in its most recent quarter against revenue of $507.0M; annual revenue growth stands at only 2.5%. His prior four trades at this ticker in June 2025 showed mixed results with 30-day returns ranging from -1.2% to +7.6%, while his cross-ticker track record shows an average 30-day return of +2.6% on 10 prior buys. The substantial increase in position size during a period of significant price decline and operational losses warrants attention to the company's strategic direction and the insider's appetite to accumulate at depressed levels.

high
Buy
142,020 shares
$524,839
Significance 6/10

10% owner KELLOGG acquires 142,020 shares ($524.8K) across 9 transactions; stock down 56.6% from 52-week high, company unprofitable.

KELLOGG PETER R, a 10% owner, executed 9 separate purchases totaling 142,020 shares for $524,839.04 between June 6–10, 2025, at prices ranging from $3.62 to $3.75, raising his stake to 2,000,000 shares. This acquisition comes as the stock trades at $3.68, down 56.6% from its 52-week high of $8.48 and down 30.0% over the past 90 days. The company reported negative net income of $-22,339,000.00 in its most recent quarter and was unprofitable over its latest full fiscal year, despite modest annual revenue growth of 2.5%. The scale and timing of this multi-transaction purchase by a major shareholder during a period of significant price decline and ongoing losses warrants investor scrutiny of the company's operational trajectory and capital structure.

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