WCC Form 144 Filing: 3,160 Shares Proposed Sale via UBS
Rhea-AI Filing Summary
Wesco International (WCC) Form 144 notice: An insider has filed to sell 3,160 common shares through UBS Financial Services on the NYSE, with an aggregate market value of $714,995. The shares to be sold were acquired from the issuer as equity awards earlier in 2025: 2,159 shares from a performance stock unit grant on 02/13/2025 and three separate restricted stock unit grants totaling 1,001 shares on 02/16/2025, 02/17/2025, and 03/01/2025. The approximate sale date listed is 08/26/2025. The filer certifies no undisclosed material adverse information and indicates no sales by this person in the past three months.
Positive
- Full disclosure of the broker, number of shares, aggregate market value, and approximate sale date
- Acquisition details provided showing shares originate from issuer grants (PSU and RSUs) with specific dates
- Seller attests they are not aware of undisclosed material adverse information, supporting regulatory compliance
Negative
- Insider sale of 3,160 shares valued at $714,995 could be perceived negatively by some investors
- No explicit mention in the filing that the sale is pursuant to a pre-established Rule 10b5-1 trading plan
Insights
TL;DR: Routine insider sale filing for compensation shares; modest size relative to typical institutional trades suggests limited market impact.
The Form 144 reports a proposed sale of 3,160 common shares valued at $714,995 through UBS on the NYSE, comprised entirely of equity awards
TL;DR: Disclosure aligns with governance and securities-law obligations; documentation of award origins strengthens compliance posture.
The filing clearly discloses the nature and dates of acquisition for the securities