WESCO International (WCC) EVP & CHRO reports dividend equivalent rights
Rhea-AI Filing Summary
WESCO International executive reports small stock-related accrual under incentive plan. The company’s EVP & CHRO, filing individually, reported acquiring 5.6221 shares of WESCO International common stock on 12/31/2025 at a price of $0 per share. After this transaction, the reporting person beneficially owned 30,071.6683 shares directly. An accompanying note explains that the position reflects dividend equivalent rights that accrue on restricted stock units, with each right economically equal to one share of common stock and vesting on the same schedule as the underlying award.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5.622 | $0.00 | -- |
Footnotes (1)
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FAQ
What insider transaction did WESCO International (WCC) report in this Form 4?
The EVP & CHRO of WESCO International reported acquiring 5.6221 shares of the company’s common stock on 12/31/2025 at a price of $0 per share.
Who is the insider involved in this WESCO International (WCC) Form 4 filing?
The filing relates to an officer of WESCO International who serves as EVP & CHRO, reporting holdings and a stock-related accrual under the company’s equity program.
What are the dividend equivalent rights (DERs) mentioned for WESCO International (WCC)?
The note states that the reported position represents dividend equivalent rights ("DERs") that accrue on the executive’s restricted stock units ("RSUs"). Each DER is economically equal to one share of WESCO’s common stock and vests on the same schedule as the underlying RSU award.
Is this WESCO International (WCC) Form 4 transaction part of an equity incentive arrangement?
Yes. The explanation clarifies that the reported holding arises from DERs tied to RSUs held by the reporting person, reflecting an element of WESCO International’s equity-based compensation.
Does the WESCO International (WCC) Form 4 mention Rule 10b5-1 trading plans?
The form includes a checkbox for indicating whether a transaction was made under a Rule 10b5-1(c) contract, instruction, or written plan intended to satisfy that rule’s affirmative defense conditions.