WESCO EVP exercises 9,510 SARs, sells stock
Hemant Porwal, EVP Supply Chain & Operations9,510 Stock Appreciation Rights$62.80 per share on May 6, 2026.
Rhea-AI Filing Summary
Hemant Porwal, EVP Supply Chain & Operations9,510 Stock Appreciation Rights$62.80 per share on May 6, 2026. He then sold 2,770 shares at $360.64, disposed 1,645 shares to the issuer, and had 3,420 shares delivered to cover exercise price or tax obligations at $363.12 per share. After these transactions, he directly holds 21,063.0999 shares of WESCO common stock.
Positive
- None.
Negative
- None.
Insights
Porwal’s Form 4 shows a routine option-style exercise with partial share sale and tax withholding.
EVP Supply Chain & Operations Hemant Porwal exercised 9,510 Stock Appreciation Rights at an exercise price of $62.80 per share, converting a derivative award into common stock. The derivative position is now fully exhausted, with zero Stock Appreciation Rights remaining.
From the acquired shares, 3,420 were used for tax-withholding, 1,645 were returned to the issuer, and 2,770 were sold in the open market at $360.64 per share. Following these moves, Porwal holds 16,618.0999 common shares directly, indicating that a meaningful portion of equity exposure was retained rather than fully monetized in cash.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Appreciation Rights | 9,510 | $0.00 | $0.00 |
| Sale | Common Stock | 2,770 | $360.64 | $999K |
| Exercise | Common Stock | 9,510 | $62.80 | $597K |
| Disposition | Common Stock | 1,645 | $363.12 | $597K |
| Exercise Price or Tax Liability | Common Stock | 3,420 | $363.12 | $1.24M |
Footnotes (1)
- F1. The Stock Appreciation Rights became exercisable in three (3) equal, annual installments beginning on the first anniversary of the February 13, 2018 grant date.
Key Figures
Key Terms
Stock Appreciation Rights financial
Exercise or conversion of derivative security financial
tax-withholding disposition financial
Disposition to issuer financial
FAQ
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What did WESCO (WCC) executive Hemant Porwal exercise on May 6, 2026?
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