WESCO International Inc (NYSE: WCC) director gains dividend equivalent rights
Rhea-AI Filing Summary
WESCO International Inc. director reports dividend-related stock units
A director of WESCO International Inc. reported an automatic credit of additional equity tied to the company’s regular dividend. On 12/31/2025, the reporting person acquired 21.2517 dividend equivalent rights, which are described as the economic equivalent of one share of WESCO common stock each and follow the same vesting schedule as the related restricted stock units. After this transaction, the director beneficially owned 20,716.3383 shares of WESCO common stock in direct ownership.
Positive
- None.
Negative
- None.
FAQ
What insider transaction did WESCO International Inc (WCC) report in this Form 4?
The filing reports that a director of WESCO International Inc. acquired 21.2517 dividend equivalent rights on 12/31/2025, linked to restricted stock units already held.
How many WESCO (WCC) shares does the reporting person beneficially own after this transaction?
Following the reported transaction, the director beneficially owned 20,716.3383 shares of WESCO common stock in direct ownership.
What are dividend equivalent rights (DERs) in the WESCO (WCC) Form 4 filing?
The filing explains that dividend equivalent rights are tied to WESCO’s quarterly dividend, accrue on restricted stock units, are the economic equivalent of one share of common stock each, and vest on the same schedule as the underlying award.
Was the WESCO (WCC) insider transaction a purchase for cash?
No, the Form 4 shows the director acquired 21.2517 dividend equivalent rights at a reported price of $0, reflecting an automatic accrual from the company’s quarterly dividend rather than a cash purchase.
What is the relationship of the reporting person to WESCO International Inc (WCC)?
The reporting person is identified as a Director of WESCO International Inc. in the Form 4.
Is the WESCO (WCC) Form 4 filed for an individual or a group?
The document indicates that the Form 4 is filed by one reporting person, not by a group.