[Form 4] WESCO INTERNATIONAL INC Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WESCO International SVP and Chief Accounting Officer Matthew S. Kulasa received a small stock-based award tied to existing equity grants. On the reported date, he acquired 1.2060 dividend equivalent rights, which are economically equal to common shares and accrue on his restricted stock units when WESCO pays quarterly dividends.
These rights vest on the same schedule as the underlying restricted stock units, so they follow the same long-term incentive timing. After this routine award, his directly held common stock equivalent position reported in this filing increased to 3,147.2863 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kulasa Matthew S
Role
SVP, Corp. Controller & CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1.206 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 3,147.286 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Dividend equivalent rights granted: 1.2060 rights
Total direct holdings after transaction: 3,147.2863 shares
Open-market buys reported: 0 shares
+1 more
4 metrics
Dividend equivalent rights granted
1.2060 rights
Grant/award acquisition on common stock equivalents
Total direct holdings after transaction
3,147.2863 shares
Common stock and equivalents following Form 4 transaction
Open-market buys reported
0 shares
Form 4 transaction summary shows no purchases
Open-market sales reported
0 shares
Form 4 transaction summary shows no sales
Key Terms
dividend equivalent rights, DERs, restricted stock units ("RSUs")
3 terms
dividend equivalent rights financial
"Represents dividend equivalent rights ("DERs") in connection with the Issuer's quarterly dividend"
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
DERs financial
"Each DER is the economic equivalent of one share of Issuer's common stock"
restricted stock units ("RSUs") financial
"accrued to the Reporting Person on restricted stock units ("RSUs") held by the Reporting Person"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.