Director at WESCO (NYSE: WCC) awarded 659-share restricted stock unit grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WESCO International director James Louis Singleton received an equity award of company stock. He acquired 659 shares of common stock through a grant of restricted stock units (RSUs) at a stated price of $0.00 per share, increasing his directly owned holdings to 39,609.8242 shares.
The RSU grant represents a contingent right to receive one share of WESCO common stock for each unit. These RSUs vest in full on the first anniversary of the grant date, meaning Singleton will receive the underlying shares after they vest, assuming standard vesting conditions are satisfied.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Singleton James Louis
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 659 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 39,609.824 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did WESCO (WCC) report for James Louis Singleton?
WESCO reported that director James Louis Singleton received a grant of 659 restricted stock units, each tied to one share of common stock, at a stated price of $0.00 per share. This award increased his directly held stake to 39,609.8242 shares after the transaction.
What are the key terms of the RSU grant reported for WESCO (WCC) director Singleton?
The grant to James Louis Singleton consists of 659 restricted stock units, each representing a contingent right to acquire one WESCO common share. According to the disclosure, all RSUs vest in full on the first anniversary of the grant date, subject to the usual vesting conditions.
When do James Louis Singleton’s WESCO (WCC) RSUs from this grant vest?
The restricted stock units granted to James Louis Singleton vest in full on the first anniversary of the grant date. Once vested, each RSU entitles him to receive one share of WESCO common stock, aligning his compensation more closely with long-term shareholder performance.
Was the WESCO (WCC) Form 4 transaction a market purchase or a stock grant?
The Form 4 transaction reflects a stock grant, not a market purchase. James Louis Singleton acquired 659 shares of WESCO common stock through a grant of restricted stock units at a stated price of $0.00 per share, classified as a grant, award, or other acquisition.