WESCO International (WCC) director adds shares via dividend equivalents
Rhea-AI Filing Summary
WESCO International director reported a small automatic increase in equity holdings through dividend-related awards. On 12/31/2025, the reporting person acquired 6.3923 shares of common stock at $0 as reflected in Table I. After this transaction, the director beneficially owned 3,453.2056 shares of common stock in direct form.
The filing explains that these additional shares represent dividend equivalent rights (DERs) credited on existing restricted stock units (RSUs). Each DER is economically equivalent to one share of WESCO common stock and follows the same vesting schedule as the related RSU award.
Positive
- None.
Negative
- None.
FAQ
What insider transaction did WESCO International (WCC) report in this Form 4?
The reporting person, a director of WESCO International, reported acquiring 6.3923 shares of common stock on 12/31/2025 at a price of $0, increasing directly held beneficial ownership to 3,453.2056 shares.
How were the additional WESCO International (WCC) shares received by the director?
The additional shares are described as dividend equivalent rights (DERs) that accrued in connection with WESCO’s quarterly dividend on restricted stock units (RSUs) held by the reporting person.
What are dividend equivalent rights (DERs) in this WESCO (WCC) filing?
DERs are stated to be the economic equivalent of one share of WESCO common stock for each right and are tied to the Issuer’s quarterly dividend, accruing on RSUs held by the director.
When do the WESCO International (WCC) DERs reported here vest?
The document notes that each DER vests on the same schedule as the underlying restricted stock unit award to which it relates.
Is the WESCO International (WCC) director’s ownership direct or indirect after this transaction?
The table shows the director beneficially owns 3,453.2056 shares of common stock directly, as indicated by the ownership form marked "D" for direct.