WESCO (WCC) CFO Dev Indraneel granted RSUs and stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WESCO International EVP & CFO Dev Indraneel reported multiple equity grants dated March 2, 2026. He received 5,439 stock options with an exercise price of $0.00, which become exercisable in three equal annual installments beginning on the first anniversary of grant.
He was also granted 5,070 restricted stock units (RSUs) that cliff vest on the second anniversary, 9,465 RSUs that cliff vest on the third anniversary, and 2,282 RSUs that vest in three equal installments beginning on the first anniversary of the grant date. All awards are reported as directly owned.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Dev Indraneel
Role
EVP & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options (Right to Buy) | 5,439 | $0.00 | -- |
| Grant/Award | Common Stock | 5,070 | $295.84 | $1.50M |
| Grant/Award | Common Stock | 9,465 | $295.84 | $2.80M |
| Grant/Award | Common Stock | 2,282 | $295.84 | $675K |
Holdings After Transaction:
Stock Options (Right to Buy) — 5,439 shares (Direct);
Common Stock — 5,070 shares (Direct)
Footnotes (1)
- Represents a grant of RSUs. Each RSU represents a contingent right to acquire one share of Issuer's common stock. The RSUs will cliff vest on the second anniversary of the date of grant. Represents a grant of RSUs. Each RSU represents a contingent right to acquire one share of Issuer's common stock. The RSUs will cliff vest on the third anniversary of the date of grant. Represents a grant of RSUs. Each RSU represents a contingent right to acquire one share of Issuer's common stock. The RSUs vest in three equal installments beginning on the first anniversary of the date of grant. The stock options become exercisable in three equal annual installments beginning on the first anniversary of the date of grant.
FAQ
What equity awards did WESCO (WCC) EVP & CFO Dev Indraneel receive?
Dev Indraneel received stock options and multiple RSU grants. The filing shows 5,439 stock options plus three RSU awards of 5,070, 9,465, and 2,282 units, each representing a contingent right to one share of WESCO common stock, subject to time-based vesting.
How do the new RSU grants for WESCO (WCC) CFO vest over time?
The RSUs have different time-based vesting schedules. One grant of 5,070 RSUs cliff vests on the second anniversary, another 9,465 RSUs cliff vests on the third anniversary, and 2,282 RSUs vest in three equal installments starting on the first anniversary of the grant date.
What are the terms of the WESCO (WCC) stock options granted to the CFO?
The CFO received 5,439 stock options with staged exercisability. These options become exercisable in three equal annual installments, beginning on the first anniversary of the March 2, 2026 grant date, aligning the award with multi-year service and performance at WESCO International.
Are the WESCO (WCC) CFO’s new RSUs immediately transferable or unrestricted?
The RSUs are contingent and subject to vesting conditions. Each RSU represents a right to acquire one WESCO share in the future, with vesting occurring either on a specified anniversary date or in three annual installments, rather than being fully unrestricted at grant.