[Form 4] WESCO INTERNATIONAL INC Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WESCO International director Glynis Bryan received a small equity-based award in the form of dividend equivalent rights tied to existing restricted stock units. On the transaction date, she acquired 5.9628 shares of common stock at no cost, bringing her directly owned total to 4,125.3731 shares. These DERs are economically equivalent to common shares and vest on the same schedule as the underlying RSU award.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BRYAN GLYNIS
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5.963 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 4,125.373 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares acquired: 5.9628 shares
Price per share: $0.0000 per share
Total shares after: 4,125.3731 shares
+2 more
5 metrics
Shares acquired
5.9628 shares
Dividend equivalent rights credited on RSUs
Price per share
$0.0000 per share
Non-cash grant of DERs
Total shares after
4,125.3731 shares
Common stock directly owned after transaction
Transaction date
2026-06-30
Grant date of dividend equivalent rights
Security title
Common Stock
Underlying security for DERs credited
Key Terms
dividend equivalent rights, DERs, restricted stock units, RSUs
4 terms
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
"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.
FAQ
What did WESCO (WCC) director Glynis Bryan report on this Form 4?
Director Glynis Bryan reported receiving 5.9628 dividend equivalent rights, economically equivalent to common shares, credited in connection with WESCO’s quarterly dividend on her existing restricted stock units, increasing her directly owned common stock balance to 4,125.3731 shares.
Is the WESCO (WCC) Form 4 transaction a market purchase or sale?
The Form 4 transaction is not a market purchase or sale. It reflects a grant of dividend equivalent rights credited at a price of $0.0000 per share, tied to restricted stock units held as director compensation, rather than open-market trading activity.
What are dividend equivalent rights (DERs) in WESCO’s Form 4 filing?
Dividend equivalent rights are credits that mirror dividends on restricted stock units. Each DER in this filing is economically equivalent to one WESCO common share and vests on the same schedule as the underlying RSU award held by director Glynis Bryan.