WESCO (NYSE: WCC) director sells 2,000 shares, retains over 37K
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WESCO International director James Louis Singleton reported an open-market sale of 2,000 shares of Common Stock. The shares were sold at $353.37 per share, and after the transaction he continues to hold 37,644.8209 WESCO shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,000 shares ($706,740)
Net Sell
1 txn
Insider
Singleton James Louis
Role
null
Sold
2,000 shs ($707K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,000 | $353.37 | $707K |
Holdings After Transaction:
Common Stock — 37,644.821 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold: 2,000 shares
Sale price per share: $353.37 per share
Shares owned after transaction: 37,644.8209 shares
+1 more
4 metrics
Shares sold
2,000 shares
Open-market sale of WESCO Common Stock
Sale price per share
$353.37 per share
Price for the 2,000 WESCO shares sold
Shares owned after transaction
37,644.8209 shares
Singleton’s direct WESCO holdings following the sale
Net shares sold
2,000 shares
Net sell direction in transaction summary
Key Terms
open-market sale, Common Stock, Form 4
3 terms
open-market sale financial
"transaction_action: "open-market sale" on Common Stock"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"security_title: "Common Stock" for the reported transaction"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"Insider activity was disclosed on a Form 4 filing"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did WESCO (WCC) director James Louis Singleton report?
James Louis Singleton reported an open-market sale of 2,000 WESCO shares. The transaction involved Common Stock and was disclosed on a Form 4 insider filing, highlighting a director-level change in directly held shares at a specified sale price.
What type of security was involved in James Louis Singleton’s WESCO (WCC) transaction?
The transaction involved WESCO Common Stock. The Form 4 identifies the security title as Common Stock and classifies the event as a non-derivative open-market sale, rather than an option exercise, conversion, or other derivative-related activity.
Does the WESCO (WCC) Form 4 show any option exercises or derivative transactions?
The filing shows no derivative exercises or derivative transactions for Singleton. The reported activity is limited to a single non-derivative open-market sale of Common Stock, with derivative positions indicated as absent in the derivative transaction summary.