STOCK TITAN

WESCO (NYSE: WCC) CFO receives 24.39 dividend-equivalent RSU shares in Form 4 filing

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

WESCO International EVP & CFO Indraneel Dev received additional stock-based compensation through dividend equivalents. On this Form 4, he acquired 24.3868 shares of common stock in the form of dividend equivalent rights tied to his existing restricted stock units. These DERs are economically equivalent to common shares and vest on the same schedule as the underlying RSU awards. Following this award, his directly held common stock position reported in this filing increased to a total of 16,880.4556 shares, indicating a routine compensation-related adjustment rather than an open-market trade.

Positive

  • None.

Negative

  • None.
Insider Dev Indraneel
Role EVP & CFO
Type Security Shares Price Value
Grant/Award Common Stock 24.387 $0.00 --
Holdings After Transaction: Common Stock — 16,880.456 shares (Direct, null)
Footnotes (1)
  1. [object Object]
DERs granted 24.3868 shares Dividend equivalent rights credited on RSUs
Price per share $0.0000 per share DER grant price on common stock
Shares after transaction 16,880.4556 shares Direct common stock holdings following grant
Transactions classified as acquisitions 1 transaction Form 4 transaction summary acquireCount
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 financial
"accrued to the Reporting Person on restricted stock units ("RSUs") held by the Reporting Person"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Dev Indraneel

(Last)(First)(Middle)
225 WEST STATION SQUARE DRIVE
SUITE 700

(Street)
PITTSBURGH PENNSYLVANIA 15219-1122

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
WESCO INTERNATIONAL INC [ WCC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP & CFO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/30/2026A24.3868(1)A$016,880.4556D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents dividend equivalent rights ("DERs") in connection with the Issuer's quarterly dividend and accrued to the Reporting Person on restricted stock units ("RSUs") held by the Reporting Person. Each DER is the economic equivalent of one share of Issuer's common stock and vests on the same schedule as the underlying award.
/s/ Michele Nelson, as Attorney-in-Fact07/02/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did WESCO (WCC) report for CFO Indraneel Dev?

WESCO reported that EVP & CFO Indraneel Dev acquired 24.3868 common share equivalents as dividend equivalent rights. These were linked to existing RSUs and increased his directly held position to 16,880.4556 shares, reflecting routine stock-based compensation rather than an open-market trade.

Was the WESCO (WCC) Form 4 transaction a market purchase or sale?

The Form 4 shows no market purchase or sale. Instead, Dev received 24.3868 shares through a grant categorized as dividend equivalent rights on restricted stock units, with a reported price per share of $0.0000, indicating compensation, not a cash transaction in the open market.

How many WESCO (WCC) shares does the CFO hold after this Form 4?

After this transaction, EVP & CFO Indraneel Dev is reported to hold 16,880.4556 shares of WESCO common stock directly. This total includes the newly credited 24.3868 dividend equivalent rights that mirror the economic value of common shares and follow RSU vesting schedules.

What are dividend equivalent rights (DERs) in WESCO’s Form 4 filing?

Dividend equivalent rights are awards that mirror dividends on underlying restricted stock units. For Dev, 24.3868 DERs accrued from WESCO’s quarterly dividend, each economically equivalent to one common share and vesting on the same schedule as the related RSU awards, enhancing his stock-based compensation.

Does the WESCO (WCC) Form 4 indicate any derivative securities remaining for the CFO?

The filing’s derivative summary is empty, indicating no derivative security transactions were reported in this Form 4. The only activity disclosed is the non-derivative acquisition of 24.3868 common share equivalents through dividend equivalent rights attached to existing restricted stock unit awards.