WCC insider exercises SARs for 28,412 shares and executes sales above $209
Rhea-AI Filing Summary
Wesco International Inc. (WCC) Form 4 summary. The filing shows insider transactions by EVP & GM EES John Squires on 08/13/2025–08/14/2025. He acquired 12,107 shares at an effective price of $71.65 and 16,305 shares at $62.80 (from stock appreciation right-related transactions) and sold several lots, including total sells of 11,093 shares on 08/14/2025 at weighted average prices of about $210.29 and $211.52. After these transactions, the reporting person beneficially owned 48,624.864 shares directly. The filing is a routine Section 16 report documenting option/SAR-related acquisitions and open-market sales; no other corporate events are disclosed.
Positive
- Acquisitions of 28,412 shares via stock appreciation right-related transactions at effective prices of $71.65 and $62.80, increasing ownership before disposals
- Clear disclosure of weighted average sale prices and exercise schedules, facilitating transparency
Negative
- Sales totaling 11,093 shares on 08/14/2025 at weighted average prices around $210–$212, reducing the reporting person’s stake
- Significant turnover in a short period (acquisitions and multiple disposals over two days), which may complicate simple interpretation of insider intent
Insights
TL;DR: Insider exercised SARs to acquire 28,412 shares at lower effective prices and sold roughly 11,093 shares above $209, leaving 48,624.864 shares owned.
These transactions combine compensation-related acquisitions (stock appreciation rights becoming exercisable) with market sales. The acquisitions at $71.65 and $62.80 reflect SAR settlements executed on 08/13/2025, increasing share count by 28,412 before subsequent disposals. Sales on 08/14/2025 occurred at weighted average prices around $210–$212 and reduced the position. For investors, this is a standard mix of exercising long-dated compensation instruments and partial monetization; it does not by itself indicate a change in company fundamentals.
TL;DR: Transactions are consistent with vested equity compensation and portfolio rebalancing; disclosure appears complete and timely.
The filing identifies the reporting person as an executive (EVP & GM, EES) and documents both the exercise-related acquisitions and open-market disposals within the required Section 16 timeframe. The Form 4 includes explanatory notes about exercise schedules and weighted average sale prices, which supports transparency. There are no indications of unusual trading patterns or undisclosed related-party arrangements in this filing.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,493 | $210.29 | $1.16M |
| Sale | Common Stock | 5,600 | $211.52 | $1.18M |
| Exercise | Stock Appreciation Rights | 12,107 | $0.00 | -- |
| Exercise | Stock Appreciation Rights | 16,305 | $0.00 | -- |
| Exercise | Common Stock | 12,107 | $71.65 | $867K |
| Disposition | Common Stock | 4,027 | $215.42 | $867K |
| Tax Withholding | Common Stock | 3,514 | $215.42 | $757K |
| Exercise | Common Stock | 16,305 | $62.80 | $1.02M |
| Disposition | Common Stock | 4,754 | $215.42 | $1.02M |
| Tax Withholding | Common Stock | 5,024 | $215.42 | $1.08M |
Footnotes (1)
- Represents weighted average sale price. These shares were sold in multiple transactions at prices ranging from $209.35 to $210.29. Upon request by the SEC, the Issuer or a stockholder of the Issuer, complete information regarding the number of shares sold at each price within the range will be provided. Represents weighted average sale price. These shares were sold in multiple transactions at prices ranging from $210.54 to $211.52. Upon request by the SEC, the Issuer or a stockholder of the Issuer, complete information regarding the number of shares sold at each price within the range will be provided. The Stock Appreciation Rights became exercisable in three (3) equal, annual installments beginning on the first anniversary of the February 16, 2017 grant date. The Stock Appreciation Rights became exercisable in three (3) equal, annual installments beginning on the first anniversary of the February 13, 2018 grant date.
