Wesco (WCC): Director accrued 4.4487 DERs; holdings 10,328.0781
Laura K. Thompson, a director of Wesco International Inc. (WCC), reported an acquisition on 09/30/2025 of 4.4487 dividend equivalent rights (DERs) related to restricted stock units.
Rhea-AI Filing Summary
Laura K. Thompson, a director of Wesco International Inc. (WCC), reported an acquisition on 09/30/2025 of 4.4487 dividend equivalent rights (DERs) related to restricted stock units. The DERs were recorded at a $0 price and the filing shows the reporting person directly beneficially owns 10,328.0781 shares following the transaction. The filing explains each DER represents the economic equivalent of one share and vests on the same schedule as the underlying RSUs. The Form 4 was signed by an attorney-in-fact on 10/02/2025.
Positive
- Director accrued 4.4487 dividend-equivalent rights tied to existing RSUs
- Direct beneficial ownership increased to 10,328.0781 shares following the transaction
Negative
- None.
Insights
Director accrued 4.4487 DERs tied to RSUs; holdings now 10,328.0781 shares.
The transaction is recorded as a Code V event, indicating the acquisition is the economic equivalent of dividends on existing restricted stock units rather than a market purchase.
This is an administrative accumulation of dividend-equivalent rights at $0, not a cash purchase or open-market trade; it adjusts the director's deferred compensation tied to equity awards.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4.4487 | $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.
FAQ
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What did Laura K. Thompson report on Form 4 for WCC?
What is the nature of the reported DERs on the Form 4?
Was cash used to acquire the reported securities?
When was the Form 4 signed and filed?
AI-generated analysis. How Rhea-AI works. Not financial advice.