WESCO (WCC) director Espe granted dividend-equivalent share units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WESCO International director Matthew J. Espe reported a routine share-based compensation award. He acquired 22.1805 common stock equivalents through dividend equivalent rights tied to previously granted restricted stock units. Following this award, his directly held common stock equivalents total 21,397.3258 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
ESPE MATTHEW J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 22.181 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 21,397.326 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
DERs granted: 22.1805 shares
Holdings after transaction: 21,397.3258 shares
Transaction code: A (grant, award, or other acquisition)
3 metrics
DERs granted
22.1805 shares
Dividend equivalent rights credited on RSUs on March 31, 2026
Holdings after transaction
21,397.3258 shares
Direct common stock equivalents following award
Transaction code
A (grant, award, or other acquisition)
Non-derivative common stock equivalent award
Key Terms
dividend equivalent rights ("DERs"), restricted stock units ("RSUs"), economic equivalent of one share
3 terms
dividend equivalent rights ("DERs") financial
"Represents dividend equivalent rights ("DERs") in connection with the Issuer's quarterly dividend"
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.
FAQ
What insider transaction did WESCO (WCC) director Matthew J. Espe report?
Director Matthew J. Espe reported acquiring 22.1805 common stock equivalents. These came as dividend equivalent rights linked to existing restricted stock units, reflecting routine share-based compensation rather than an open-market stock purchase or sale.
What are dividend equivalent rights (DERs) in the WESCO (WCC) Form 4 filing?
Dividend equivalent rights are credits that mirror cash dividends on restricted stock units. Each DER in this filing is economically equal to one WESCO common share and vests on the same schedule as the underlying restricted stock unit award held by the director.