WESCO EVP receives dividend-equivalent stock award
WESCO International EVP Hemant Porwal acquired additional stock-based compensation through dividend equivalents.
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Rhea-AI Filing Summary
WESCO International EVP Hemant Porwal acquired additional stock-based compensation through dividend equivalents. On March 31, 2026, he received 2.8984 shares of common stock as dividend equivalent rights tied to restricted stock units. Following this routine award, he directly holds 19,388.0999 shares of WESCO common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2.8984 | $0.00 | $0.00 |
Footnotes (1)
- 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.
Key Figures
Key Terms
dividend equivalent rights financial
DERs financial
restricted stock units financial
RSUs financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did WESCO (WCC) executive Hemant Porwal report in this Form 4?
What are dividend equivalent rights (DERs) in the WESCO (WCC) Form 4?
Was the WESCO (WCC) Form 4 transaction a market purchase or sale?
What does transaction code "A" mean in this WESCO (WCC) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.