Wesco director credited DERs and DSUs, raising holdings to 13,596.465
Rhea-AI Filing Summary
Sundaram Easwaran, a director of Wesco International Inc. (WCC), reported two non-derivative acquisitions on 09/30/2025. He received 28.7903 dividend equivalent rights from restricted stock units, increasing his direct holdings to 13,448.711 shares, and 147.754 deferred share units under the non-employee directors' deferred compensation plan, recorded at a per-share reference of $211.5, bringing his total direct beneficial ownership to 13,596.465 shares.
The Form 4 was filed individually and signed by an attorney-in-fact on 10/02/2025. The filing explains the acquisitions as routine compensation-related credits: dividend equivalent rights that vest with underlying RSUs and DSUs eligible for future distribution in common stock per plan elections.
Positive
- Director increased direct ownership to 13,596.465 shares
- Acquisitions are compensation-related (DERs and DSUs), indicating alignment with shareholder interests
Negative
- No negative items disclosed in the Form 4; no sales or decreases reported
Insights
Director received compensation-related equity credits totaling 176.544 units, raising holdings to 13,596.465 shares.
The reported transactions on 09/30/2025 reflect standard director compensation: DERs tied to RSU dividends and DSUs under the deferred compensation plan. Both are described as economic equivalents to common stock and do not indicate open-market trading.
The filing shows direct beneficial ownership and that the Form 4 was filed by one reporting person, signed by an attorney-in-fact on 10/02/2025. This is procedural reporting of accrued compensation rather than discretionary purchases or sales.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 28.79 | $0.00 | -- |
| Grant/Award | Common Stock | 147.754 | $211.50 | $31K |
Footnotes (1)
- 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. 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.