WESCO EVP receives dividend equivalent shares
WESCO International executive Akash Khurana received a small stock-based award through dividend equivalents on existing restricted stock units.
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Rhea-AI Filing Summary
WESCO International executive Akash Khurana received a small stock-based award through dividend equivalents on existing restricted stock units. The filing shows a grant of 28.537 dividend equivalent rights, each economically equal to one share of common stock and vesting on the same schedule as the underlying RSUs. Following this non-cash, compensation-related acquisition, his directly held common stock balance is 30,803.6372 shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 28.537 | $0.00 | $0.00 |
Footnotes (1)
- F1. 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.
Key Figures
Key Terms
dividend equivalent rights financial
DERs financial
restricted stock units financial
RSUs financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the WESCO (WCC) Form 4 report for executive Akash Khurana?
What are dividend equivalent rights (DERs) reported in WESCO (WCC) executive filings?
Was the WESCO (WCC) Form 4 for Akash Khurana an open-market stock purchase or sale?
How did the reported DER grant affect Akash Khurana’s WESCO (WCC) equity position?
AI-generated analysis. How Rhea-AI works. Not financial advice.