WESCO (WCC) EVP & Former CFO Schulz logs RSU tax-share disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WESCO International EVP & Former CFO David S. Schulz reported a disposition of common stock tied to restricted stock unit vesting. On March 1, 2026, he transferred 902.9989 shares at $289.50 per share as a tax-withholding disposition. After this transaction, his directly held common stock totaled 108,983.4472 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Schulz David S.
Role
EVP & Former CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 902.999 | $289.50 | $261K |
Holdings After Transaction:
Common Stock — 108,983.447 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did WESCO (WCC) EVP David S. Schulz report?
David S. Schulz reported a disposition of WESCO common stock related to restricted stock unit vesting. The transaction reflects shares withheld to satisfy tax obligations rather than a traditional open-market trade, based on the filing’s description of a tax-withholding disposition.
What does the footnote in David S. Schulz’s WESCO (WCC) Form 4 explain?
The footnote explains that the 902.9989 shares represent tax withholding on the vesting of restricted stock units. These RSUs were originally granted on March 1, 2024 and March 1, 2025, clarifying the nature and origin of the reported stock disposition.
Is David S. Schulz’s WESCO (WCC) transaction a tax-withholding disposition or an open-market sale?
The Form 4 characterizes the transaction as a tax-withholding disposition, not an open-market sale. It specifies that the shares were delivered to satisfy tax liabilities upon vesting of restricted stock units granted in March 2024 and March 2025.