WESCO (NYSE: WCC) director awarded 659 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WAJSGRAS DAVID C reported acquisition or exercise transactions in this Form 4 filing.
WESCO International director David C. Wajsgras received an equity award of 659 shares of common stock in the form of restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of WESCO common stock and was granted at no cash cost to him. The RSUs vest in full on the first anniversary of the grant date, and following this award he directly holds 659 shares tied to this grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
WAJSGRAS DAVID C
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 659 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 659 shares (Direct)
Footnotes (1)
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FAQ
What did WESCO (WCC) director David C. Wajsgras receive in this insider transaction?
David C. Wajsgras received an equity grant of 659 restricted stock units of WESCO common stock. Each RSU represents a contingent right to one share, granted at no cash cost to him, underlining stock-based compensation rather than an open-market purchase.
When do David C. Wajsgras’s WESCO (WCC) RSUs vest?
The restricted stock units granted to David C. Wajsgras vest in full on the first anniversary of the grant date. This single vesting date structure means the entire 659-unit award becomes eligible for settlement at that one-year mark, subject to applicable conditions.
Did David C. Wajsgras pay cash for his WESCO (WCC) RSU award?
No, the reported transaction price per share for the 659 restricted stock units was zero. This indicates the award was a stock-based grant rather than an open-market purchase, aligning with typical director compensation structures using equity instead of direct cash payments for the shares.
How is David C. Wajsgras’s ownership in WESCO (WCC) reported after this RSU grant?
Following the transaction, David C. Wajsgras is reported as directly holding 659 shares tied to this restricted stock unit grant. These RSUs represent contingent rights to receive WESCO common stock, which are scheduled to vest in full one year after the grant date, pending settlement.