[144] Wesco International Inc. SEC Filing
Form 144 notice for Wesco International, Inc. (WCC) discloses a proposed sale of 12,227 common shares carried by UBS Financial Services on the New York Stock Exchange with an aggregate market value of $2,753,179. The shares were acquired on 08/26/2025 through a stock appreciation right (SAR) exercise from the issuer and are scheduled for sale on 08/27/2025. The filer certifies they are unaware of undisclosed material adverse information about the issuer. No sales by the same person in the prior three months are reported.
- Complete disclosure of shares to be sold (12,227) with broker, market value, and exchange provided
- Clear origin of securities: acquired via SAR exercise with acquisition and planned sale dates stated
- No sales by the same person in the prior three months reported, reducing aggregation complexity
- None.
Insights
TL;DR: Insider exercised SARs and plans a single-block sale of 12,227 shares worth ~$2.75M; routine liquidity event rather than operational signal.
The filing documents a common insider liquidity event where shares acquired via a SAR exercise on 08/26/2025 are to be sold the following day through UBS on the NYSE. The disclosure includes share count and aggregate market value but provides no change in holdings before the three-month lookback. This is procedural compliance with Rule 144; absent other filings or disclosed material information, the item appears to be a routine post-exercise sale for cash liquidity. Investors should note the precise quantities and broker details are disclosed for market transparency.
TL;DR: Proper Rule 144 notice filed for SAR-derived shares; compliance language includes the standard representation about material undisclosed information.
The form contains required attestations, broker identification, and specifics on acquisition and intended sale dates, demonstrating compliance with disclosure rules. The filer affirms no undisclosed material adverse information and reports no other sales in the prior three months. From a governance perspective, this filing meets procedural obligations; it does not by itself indicate governance changes or related-party transactions beyond the insider liquidity action.