WESCO director receives stock-based awards
WESCO International director Anne M. Cooney reported compensation-related equity awards rather than open-market trades.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5.4695 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 24.58 | $345.43 | $8K |
Footnotes (2)
- 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.
- F2. 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
Key Terms
dividend equivalent rights financial
DERs financial
restricted stock units ("RSUs") financial
Deferred Compensation Plan for Non-Employee Directors financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did WESCO (WCC) director Anne Cooney report in this Form 4?
Were Anne Cooney’s WESCO (WCC) transactions open-market buys or sells?
What are dividend equivalent rights (DERs) in the WESCO Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.