WESCO EVP granted 34.8 dividend rights units
WESCO International EVP and Chief Information & Digital Officer Akash Khurana reported an equity compensation-related acquisition of common stock-linked units.
Rhea-AI Filing Summary
WESCO International EVP and Chief Information & Digital Officer Akash Khurana reported an equity compensation-related acquisition of common stock-linked units. On March 31, 2026, he received 34.7848 dividend equivalent rights, which are tied to his existing restricted stock units and mirror the value of one common share each.
These dividend equivalent rights accrue when WESCO pays its regular quarterly dividend and vest on the same schedule as the underlying restricted stock unit awards. Following this grant, Khurana directly holds 34,775.1002 common shares, reflecting his ongoing equity-based compensation rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 34.7848 | $0.00 | $0.00 |
Footnotes (1)
- 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.
Key Figures
Key Terms
dividend equivalent rights financial
DERs financial
restricted stock units financial
RSUs financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did WESCO (WCC) executive Akash Khurana report in this Form 4?
Are the recent WESCO (WCC) insider transactions open-market buys or sells?
What are dividend equivalent rights (DERs) in the WESCO (WCC) Form 4 filing?
Why did WESCO (WCC) grant 34.7848 dividend equivalent rights to its executive?
AI-generated analysis. How Rhea-AI works. Not financial advice.