WESCO director awarded additional stock units
WESCO International director Sundaram Nagarajan reported two stock-based awards in company shares.
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Rhea-AI Filing Summary
WESCO International director Sundaram Nagarajan reported two stock-based awards in company shares. On March 31, he acquired 13.1427 dividend equivalent rights tied to existing restricted stock units and 28.5520 deferred share units credited under the company’s non-employee director deferred compensation plan. Following these awards, he directly holds 7,233.9607 shares of common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 13.1427 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 28.552 | $273.62 | $8K |
Footnotes (2)
- 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.
- F2. Represents deferred share units ("DSUs") credited to the Reporting Person's deferred compensation account pursuant to the Issuer's Deferred Compensation Plan for Non-Employee Directors (the "Plan"). Each DSU is the economic equivalent of one share of Issuer's common stock and is eligible for distribution in the form of Issuer's common stock based on the schedule elected by the Reporting Person in accordance with the Plan.
Key Figures
Key Terms
dividend equivalent rights financial
restricted stock units financial
Deferred Compensation Plan for Non-Employee Directors financial
FAQ
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What did WESCO (WCC) director Sundaram Nagarajan report in this Form 4?
Were Sundaram Nagarajan’s WESCO (WCC) transactions open-market purchases or sales?
What are the dividend equivalent rights reported by WESCO (WCC) director Nagarajan?
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