WESCO director credited 5.96 stock dividend units
WESCO International director Glynis Bryan received a small equity-based award in the form of dividend equivalent rights tied to existing restricted stock units.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5.9628 | $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) director Glynis Bryan report on this Form 4?
Is the WESCO (WCC) Form 4 transaction a market purchase or sale?
What are dividend equivalent rights (DERs) in WESCO’s Form 4 filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.