WESCO (NYSE: WCC) director receives 659 RSUs in new stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NAGARAJAN SUNDARAM reported acquisition or exercise transactions in this Form 4 filing.
WESCO International director Sundaram Nagarajan received an equity award of 659 restricted stock units (RSUs), each representing a contingent right to one share of WESCO common stock. The RSUs vest in full on the first anniversary of the grant date, bringing his direct holdings to 7,192.5857 common shares after the award.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
NAGARAJAN SUNDARAM
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 659 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 7,192.586 shares (Direct)
Footnotes (1)
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FAQ
What did WESCO (WCC) director Sundaram Nagarajan receive in this Form 4 filing?
Director Sundaram Nagarajan received an award of 659 restricted stock units (RSUs) tied to WESCO common stock. Each RSU represents a contingent right to acquire one common share, subject to the vesting schedule described in the filing.
What is the vesting schedule for Sundaram Nagarajan’s RSUs from WESCO (WCC)?
The 659 RSUs granted to Sundaram Nagarajan vest in full on the first anniversary of the grant date. Once vested, each restricted stock unit entitles him to receive one share of WESCO common stock, assuming continued eligibility under the award terms.
Does Sundaram Nagarajan pay a purchase price for the WESCO (WCC) RSUs granted?
The Form 4 shows a transaction price per share of $0.0000, indicating this is a compensatory grant, not an open-market purchase. The RSUs are awarded as part of equity compensation rather than bought for cash consideration.
Is the WESCO (WCC) Form 4 for Sundaram Nagarajan a purchase or an award?
The Form 4 reports a grant or award acquisition, coded as transaction type “A.” It represents equity compensation via RSUs granted to director Sundaram Nagarajan, rather than an open-market buy or sell of WESCO common stock.