WESCO EVP awarded small dividend equivalent rights
WESCO International executive vice president and chief human resources officer Christine Ann Wolf received a small compensation-related stock-based award.
Rhea-AI Filing Summary
WESCO International executive vice president and chief human resources officer Christine Ann Wolf received a small compensation-related stock-based award. She acquired 3.671 dividend equivalent rights tied to existing restricted stock units, each economically equal to one share of common stock and vesting on the same schedule as the underlying award. Following this grant, her directly held common stock equivalents total 29,573.8682 shares, reflecting a routine adjustment from the company’s quarterly dividend rather than an open‑market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3.671 | $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 did WESCO (WCC) executive Christine Ann Wolf report in this Form 4?
Is the WESCO (WCC) Form 4 transaction an open-market stock purchase or sale?
What are dividend equivalent rights (DERs) in WESCO’s Form 4 filing?
Why did Christine Ann Wolf receive 3.671 DERs from WESCO (WCC)?
AI-generated analysis. How Rhea-AI works. Not financial advice.