WESCO (WCC) director Laura Thompson granted dividend-equivalent rights on RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WESCO International director Laura K. Thompson reported an automatic equity-related compensation adjustment rather than an open-market trade. She acquired 3.118 dividend equivalent rights (DERs) tied to restricted stock units in connection with the company’s quarterly dividend, at a stated price of $0.00 per right.
Each DER is the economic equivalent of one share of WESCO common stock and will vest on the same schedule as the underlying restricted stock unit award. Following this grant, Thompson’s directly held common stock and related rights total 10,987.4136 shares, reflecting a small, routine increase in her equity-based compensation position.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Thompson Laura K
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3.118 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 10,987.414 shares (Direct)
Footnotes (1)
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Key Figures
DERs granted: 3.118 rights
Price per DER: $0.00 per right
Holdings after transaction: 10,987.4136 shares
3 metrics
DERs granted
3.118 rights
Dividend equivalent rights credited on 2026-03-31
Price per DER
$0.00 per right
Stated transaction price for DER grant
Holdings after transaction
10,987.4136 shares
Total direct common stock and related rights after grant
Key Terms
dividend equivalent rights, DERs, restricted stock units, RSUs
4 terms
dividend equivalent rights financial
"Represents dividend equivalent rights ("DERs") in connection with the Issuer's quarterly dividend"
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
DERs financial
"Each DER is the economic equivalent of one share of Issuer's common stock"
restricted stock units financial
"accrued to the Reporting Person on restricted stock units ("RSUs") held by the Reporting Person"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSUs financial
"Each DER is the economic equivalent of one share of Issuer's common stock and vests on the same schedule as the underlying award."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
FAQ
What insider transaction did WESCO (WCC) director Laura K. Thompson report?
Laura K. Thompson reported acquiring 3.118 dividend equivalent rights (DERs) linked to restricted stock units. These DERs arose automatically from WESCO’s quarterly dividend and represent additional equity-based compensation, not an open-market stock purchase or sale by the director.
What are dividend equivalent rights (DERs) in the WESCO (WCC) Form 4 filing?
Dividend equivalent rights, or DERs, give the holder economic value equal to WESCO common stock dividends on underlying restricted stock units. In this filing, each DER equals one share of common stock and vests on the same schedule as the related RSU award.
Why did Laura K. Thompson receive 3.118 DERs from WESCO (WCC)?
She received 3.118 dividend equivalent rights because WESCO paid a quarterly dividend on its common stock. Those DERs accrue on her existing restricted stock units, providing the same economic dividend value as if she held actual shares during the vesting period.