[Form 4] Wesco International Inc. Insider Trading Activity
Rhea-AI Filing Summary
Insider transactions by John Squires III at Wesco International (WCC): The Form 4 shows multiple transactions on 09/09/2025 and a sale on 09/11/2025. On 09/09/2025 Mr. Squires acquired 21,645 and 10,308 shares by exercise/settlement of Stock Appreciation Rights at $48.32 and $54.64 respectively, and subsequently reported several disposals at prices around $212.64. On 09/11/2025 he sold 13,780 shares at a weighted average price of $219.59. Following these trades he beneficially owned 48,624.864 shares.
Positive
- Exercise of compensation awards (Stock Appreciation Rights) on 09/09/2025 produced 31,953 underlying shares, reflecting scheduled vesting
- Filing discloses weighted average sale price for the 09/11/2025 sale ($219.59), supporting transparency
Negative
- Material sell-down of 13,780 shares on 09/11/2025 at $219.59 reduced beneficial ownership
- Multiple disposals on 09/09/2025 at prices around $212.64 further lowered holdings the same day as exercises
Insights
TL;DR: Insider exercised SARs and sold a portion of holdings; overall position remains substantial but reduced.
The filing documents routine compensation-related exercises (Stock Appreciation Rights) and subsequent market sales. Exercises on 09/09/2025 created 31,953 underlying shares (21,645 and 10,308) then several disposals reduced holdings across the same day. A later sale on 09/11/2025 for 13,780 shares at a weighted average of $219.59 converted part of those vested proceeds to cash. These moves are consistent with liquidity-taking following vesting rather than an abrupt change in control or strategy. Impact on capital structure is immaterial given remaining beneficial ownership of 48,624.864 shares.
TL;DR: Transactions appear compliant and documented; exercises follow scheduled vesting and sales disclose weighted average prices.
The disclosure includes explanations that the SARs vested in scheduled installments (per grant dates) and notes the weighted average sale price range for the 09/11/2025 disposition. The form is signed by an attorney-in-fact and identifies Mr. Squires as Retiring EVP & GM, EES, indicating an officer-level filer. No indication of undisclosed related-party or off-market transfers is present in the filing text provided.