WESCO (WCC) director Wajsgras reports stock and deferred share unit awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WESCO International director David C. Wajsgras reported equity compensation grants rather than open‑market trading. On June 30, 2026, he acquired 90.467 shares of common stock as a grant at an assigned value of $345.43 per share.
He also received 1.1209 additional common‑stock‑equivalent shares at $0.00 per share through dividend equivalent rights and deferred share units tied to existing restricted and deferred stock awards. Following these awards, his reported direct holdings in the respective accounts were 866.0011 and 775.5341 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
WAJSGRAS DAVID C
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1.121 | $0.00 | -- |
| Grant/Award | Common Stock | 90.467 | $345.43 | $31K |
Holdings After Transaction:
Common Stock — 775.534 shares (Direct, null)
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.
Key Figures
Common stock grant: 90.467 shares
Grant value per share: $345.43 per share
Dividend/DSU award: 1.1209 shares
+3 more
6 metrics
Common stock grant
90.467 shares
Grant/award acquisition on June 30, 2026
Grant value per share
$345.43 per share
Assigned value for 90.467-share grant
Dividend/DSU award
1.1209 shares
Additional stock-equivalent award on June 30, 2026
Price for DER/DSU award
$0.00 per share
Indicates non-cash stock-equivalent credit
Holdings after main grant
866.0011 shares
Direct holdings reported following 90.467-share grant
Holdings after DER/DSU award
775.5341 shares
Direct holdings reported following 1.1209-share award
Key Terms
dividend equivalent rights, restricted stock units, deferred share units, Deferred Compensation Plan for Non-Employee Directors, +1 more
5 terms
dividend equivalent rights financial
"Represents dividend equivalent rights ("DERs") in connection with the Issuer's quarterly dividend"
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
restricted stock units financial
"accrued to the Reporting Person on restricted stock units ("RSUs") held by the Reporting Person"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Deferred Compensation Plan for Non-Employee Directors financial
"pursuant to the Issuer's Deferred Compensation Plan for Non-Employee Directors (the "Plan")"
FAQ
What insider transactions did WESCO (WCC) director David C. Wajsgras report?
David C. Wajsgras reported two equity compensation acquisitions on June 30, 2026. He received 90.467 common shares as a grant and 1.1209 additional common‑stock‑equivalent shares via plan-related awards, rather than buying or selling shares in the open market.
Were the WCC Form 4 transactions open-market buys or sells?
The Form 4 shows no open‑market buys or sells. Both entries use code "A" for grant or award acquisitions, indicating compensation-related stock and stock‑equivalent awards instead of discretionary purchases or sales of WESCO International common stock.
What are dividend equivalent rights (DERs) in the WESCO Form 4?
Dividend equivalent rights are plan credits that mirror dividends on restricted stock units. Each DER is economically equal to one WESCO common share and vests on the same schedule as the related restricted stock unit award held by the director, according to the footnote disclosure.