WESCO (WCC) director Anne Cooney granted additional stock-based units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WESCO International director Anne M. Cooney reported compensation-related equity awards rather than open-market trades. She acquired 24.5800 shares of common stock at a reference price of $345.4300 per share through dividend equivalent rights tied to restricted stock units. She also received 5.4695 deferred share units at no stated cost under the company’s Deferred Compensation Plan for Non-Employee Directors. Following these awards, one line in the filing shows direct ownership of 6,322.7238 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Cooney Anne M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5.47 | $0.00 | -- |
| Grant/Award | Common Stock | 24.58 | $345.43 | $8K |
Holdings After Transaction:
Common Stock — 6,298.144 shares (Direct, null)
Footnotes (1)
- 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. Represents deferred share units ("DSUs") credited to the Reporting Person's deferred compensation account pursuant to the Issuer's Deferred Compensation Plan for Non-Employee Directors (the "Plan"). Each DSU is the economic equivalent of one share of Issuer's common stock and is eligible for distribution in the form of Issuer's common stock based on the schedule elected by the Reporting Person in accordance with the Plan.
Key Figures
Dividend equivalent rights shares: 24.5800 shares
DER reference price: $345.4300 per share
Deferred share units granted: 5.4695 units
+2 more
5 metrics
Dividend equivalent rights shares
24.5800 shares
Common Stock DERs credited on 2026-06-30
DER reference price
$345.4300 per share
Price per share used for DERs on 2026-06-30
Deferred share units granted
5.4695 units
DSUs credited to deferred compensation account on 2026-06-30
Shares after DER award
6,322.7238 shares
Total direct common stock holdings following one reported transaction
Shares after DSU credit
6,298.1438 shares
Direct common stock holdings shown after DSU-related entry
Key Terms
dividend equivalent rights, DERs, restricted stock units ("RSUs"), deferred share units ("DSUs"), +1 more
5 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 ("RSUs") financial
"accrued to the Reporting Person on restricted stock units ("RSUs") held by the Reporting Person"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Deferred Compensation Plan for Non-Employee Directors financial
"credited to the Reporting Person's deferred compensation account pursuant to the Issuer's Deferred Compensation Plan for Non-Employee Directors"
FAQ
What did WESCO (WCC) director Anne Cooney report in this Form 4?
Anne Cooney reported equity awards, not open-market trades. She received additional common stock through dividend equivalent rights and deferred share units as part of director compensation, increasing her reported direct holdings of WESCO common stock.
Were Anne Cooney’s WESCO (WCC) transactions open-market buys or sells?
The transactions were not open-market buys or sells. They are coded as grants or awards, reflecting dividend equivalent rights on restricted stock units and deferred share units credited under WESCO’s non-employee director deferred compensation plan.
What are dividend equivalent rights (DERs) in the WESCO Form 4?
Dividend equivalent rights mirror dividends on restricted stock units. Each DER in Cooney’s filing is economically equal to one WESCO common share and vests on the same schedule as the underlying restricted stock unit award she already holds.