WESCO (NYSE: WCC) EVP gains dividend-equivalent rights tied to RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WESCO International EVP & GM, Util & Broadband James Cameron received an automatic equity-related award. He acquired 37.5486 shares of common stock equivalent on a grant basis at $0.0000 per share as dividend equivalent rights tied to existing RSUs. Following this award, his directly held common stock-related position reported in this filing is 46,439.2875 shares or equivalents.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Cameron James
Role
EVP & GM, Util & Broadband
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 37.549 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 46,439.288 shares (Direct)
Footnotes (1)
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Key Figures
DERs granted: 37.5486 shares
Grant price: $0.0000 per share
Holdings after grant: 46,439.2875 shares
3 metrics
DERs granted
37.5486 shares
Dividend equivalent rights granted on 2026-03-31
Grant price
$0.0000 per share
Price for DERs grant
Holdings after grant
46,439.2875 shares
Direct common stock-related position following transaction
Key Terms
dividend equivalent rights ("DERs"), restricted stock units ("RSUs"), vesting
3 terms
dividend equivalent rights ("DERs") financial
"Represents dividend equivalent rights ("DERs") in connection with the Issuer's quarterly dividend"
restricted stock units ("RSUs") financial
"accrued to the Reporting Person on restricted stock units ("RSUs") held by the Reporting Person"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
vesting financial
"Each DER is the economic equivalent of one share of Issuer's common stock and vests on the same schedule"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What did WESCO (WCC) executive James Cameron report in this Form 4?
James Cameron reported an acquisition of 37.5486 common stock equivalents through a grant at $0.0000 per share. These were dividend equivalent rights linked to his existing restricted stock units and increased his directly held common stock-related position to 46,439.2875 shares or equivalents.
Is James Cameron’s WESCO (WCC) Form 4 transaction a stock purchase or compensation grant?
The transaction is a compensation-related grant, not an open-market stock purchase. Cameron received 37.5486 dividend equivalent rights at $0.0000 per share in connection with WESCO’s quarterly dividend, accruing on restricted stock units he already holds, and vesting on the same schedule as those RSUs.
What are dividend equivalent rights (DERs) in the WESCO (WCC) Form 4 for James Cameron?
Dividend equivalent rights are instruments economically equivalent to one share of WESCO common stock. In this filing, DERs accrued to James Cameron on his restricted stock units due to the quarterly dividend and will vest on the same schedule as the underlying RSU awards.
Does James Cameron’s WESCO (WCC) Form 4 indicate any stock sales or disposals?
No stock sales or disposals are reported. The Form 4 shows only an acquisition via a grant-type transaction code “A” for 37.5486 dividend equivalent rights, with no sell transactions or tax-withholding dispositions listed in the transaction summary for this reporting period.