Wesco International (WCC) director credited dividend equivalent rights on RSUs
Rhea-AI Filing Summary
Wesco International director reports additional stock-related units from dividends. A board member of Wesco International Inc. reported receiving 34.4636 dividend equivalent rights, or DERs, tied to the company’s common stock on 12/31/2025. These DERs were credited in connection with the company’s quarterly dividend on restricted stock units already held by the director.
Each DER is the economic equivalent of one share of Wesco common stock and follows the same vesting schedule as the underlying restricted stock unit award. After this dividend accrual, the director beneficially owns a total of 38,950.8242 shares of common stock in direct form, combining previously held shares and the newly credited DERs.
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FAQ
What insider activity did Wesco International (WCC) report in this Form 4?
The filing reports that a Wesco International director received 34.4636 dividend equivalent rights (DERs) on 12/31/2025, linked to existing restricted stock units and tied to Wesco common stock.
How many Wesco (WCC) shares does the reporting person own after this transaction?
After the reported transaction, the director beneficially owns 38,950.8242 shares of Wesco International common stock in direct form.
What are dividend equivalent rights (DERs) in the Wesco (WCC) filing?
The DERs are rights that mirror Wesco’s quarterly dividend on restricted stock units. Each DER is the economic equivalent of one share of Wesco common stock and vests on the same schedule as the underlying restricted stock unit award.
Was any cash paid for the Wesco (WCC) dividend equivalent rights?
No cash was paid. The 34.4636 DERs were acquired at a reported price of
What is the relationship of the reporting person to Wesco International (WCC)?
The reporting person is identified as a Director of Wesco International Inc., and the filing is made as a Form 4 by one reporting person.
Are the Wesco (WCC) dividend equivalent rights reported as direct or indirect ownership?
The beneficial ownership following the transaction, including the impact of the new DERs, is reported as Direct (D) ownership.