Wesco director Nagarajan acquires deferred share units
The reported units are tied to quarterly dividends on restricted stock units and a deferred compensation account for non-employee directors.
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Rhea-AI Filing Summary
Wesco International Inc. director Sundaram Nagarajan reported two direct acquisitions on September 30, 2026: 10.1048 dividend equivalent rights tied to restricted stock units and 21.7270 deferred share units credited to his deferred compensation account. Each right and unit is economically equivalent to one common share. The rights vest on the underlying award’s schedule; the units are eligible for distribution in common stock according to the schedule he elected under the plan. The deferred share unit entry lists a per-share price of $359.57.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 10.1048 | $0.00 | $0.00 |
| Grant/Award | Common Stock F2 | 21.727 | $359.57 | $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 WCC director Sundaram Nagarajan acquire?
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