WESCO International (WCC) EVP receives dividend-equivalent rights grant
Rhea-AI Filing Summary
WESCO International Inc. reported that its EVP and General Counsel acquired additional common stock equivalents through a routine equity adjustment. On 12/31/2025, the insider received 6.5568 shares of common stock as dividend equivalent rights tied to previously granted restricted stock units, at a stated price of $0 per share. After this transaction, the reporting person beneficially owns 45,407.697 shares of WESCO common stock in direct ownership.
The dividend equivalent rights mirror the value of regular dividends on the underlying restricted stock units and vest on the same schedule as those awards.
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FAQ
What insider transaction did WESCO International (WCC) report in this Form 4?
The filing shows WESCO International’s EVP and General Counsel acquired 6.5568 shares of common stock as dividend equivalent rights on 12/31/2025, tied to existing restricted stock units.
How many WESCO (WCC) shares does the reporting person now beneficially own?
Following the reported transaction, the insider beneficially owns 45,407.697 shares of WESCO International Inc. common stock in direct ownership.
What are dividend equivalent rights (DERs) in this WESCO (WCC) insider filing?
The filing explains that each dividend equivalent right (DER) is the economic equivalent of one share of WESCO common stock and accrues on restricted stock units held by the reporting person.
When do the WESCO (WCC) dividend equivalent rights vest for the insider?
The dividend equivalent rights described vest on the same schedule as the underlying restricted stock unit awards held by the reporting person.
Did the WESCO (WCC) insider pay cash for the acquired shares?
The transaction table lists the price for the 6.5568 acquired common shares as $0, indicating they were granted as part of the equity compensation arrangement rather than purchased for cash.
What is the role of the insider involved in this WESCO (WCC) transaction?
The reporting person is identified as an Officer of WESCO International Inc., with the title EVP and General Counsel.