STOCK TITAN

WESCO (NYSE: WCC) EVP gains 2.8984 dividend-equivalent shares in Form 4

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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.

Positive

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Negative

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Insider Porwal Hemant
Role EVP Supply Chain & Operations
Type Security Shares Price Value
Grant/Award Common Stock 2.898 $0.00 --
Holdings After Transaction: Common Stock — 19,388.1 shares (Direct)
Footnotes (1)
  1. [object Object]
Shares acquired 2.8984 shares Dividend equivalent rights credited on March 31, 2026
Shares held after 19,388.0999 shares Direct WESCO common stock holdings after the transaction
Acquire transactions 1 transaction Form 4 summary shows one acquisition and no sales
dividend equivalent rights financial
"Represents dividend equivalent rights ("DERs") in connection with the Issuer's quarterly dividend"
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
DERs financial
"Each DER is the economic equivalent of one share of Issuer's common stock"
restricted stock units financial
"accrued to the Reporting Person on restricted stock units ("RSUs") held by the Reporting Person"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSUs financial
"Each DER ... vests on the same schedule as the underlying award"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Porwal Hemant

(Last)(First)(Middle)
225 W STATION SQUARE DRIVE
SUITE 700

(Street)
PITTSBURGH PENNSYLVANIA 15219

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
WESCO INTERNATIONAL INC [ WCC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP Supply Chain & Operations
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock03/31/2026A2.8984(1)A$019,388.0999D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
/s/ Michele Nelson, as Attorney-in-Fact04/02/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did WESCO (WCC) executive Hemant Porwal report in this Form 4?

Hemant Porwal reported acquiring 2.8984 shares of WESCO common stock as dividend equivalent rights. These were credited in connection with quarterly dividends on his restricted stock units and are economically equivalent to common shares under the same vesting schedule.

How many WESCO (WCC) shares does Hemant Porwal hold after this transaction?

After this transaction, Hemant Porwal directly holds 19,388.0999 shares of WESCO common stock. This reflects the addition of 2.8984 dividend equivalent rights credited on March 31, 2026 associated with his existing restricted stock unit awards.

What are dividend equivalent rights (DERs) in the WESCO (WCC) Form 4?

Dividend equivalent rights are credits that mirror cash dividends on restricted stock units. Each DER is economically equivalent to one share of WESCO common stock and vests on the same schedule as the underlying restricted stock unit award held by the reporting executive.

Was the WESCO (WCC) Form 4 transaction a market purchase or sale?

The Form 4 shows no market purchase or sale of WESCO shares. Instead, it records a grant of 2.8984 dividend equivalent rights, classified as a compensation-related acquisition rather than an open-market trade in the company’s common stock.

What does transaction code "A" mean in this WESCO (WCC) Form 4?

Transaction code “A” indicates a grant, award, or other acquisition of securities. In this filing, it represents the credited 2.8984 dividend equivalent rights on restricted stock units, rather than a cash-funded stock purchase in the open market.