WESCO director receives stock-based awards
WESCO International director David C. Wajsgras reported stock-based compensation rather than open-market trading.
Rhea-AI Filing Summary
WESCO International director David C. Wajsgras reported stock-based compensation rather than open-market trading. On March 31, 2026, he acquired 1.2042 shares of common stock as dividend equivalent rights tied to previously granted restricted stock units. The same day, he also received 114.2090 deferred share units credited to his deferred compensation account, each economically equal to one share of WESCO common stock. After these awards, he directly holds 774.4132 shares of common stock, reflecting routine board compensation rather than a discretionary purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1.2042 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 114.209 | $273.62 | $31K |
Footnotes (2)
- 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.
- F2. 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
Key Terms
dividend equivalent rights financial
restricted stock units financial
Deferred Compensation Plan for Non-Employee Directors financial
FAQ
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What did WESCO (WCC) director David Wajsgras report in this Form 4?
Were the WESCO (WCC) Form 4 transactions open-market buys or sells?
What are dividend equivalent rights (DERs) in the WESCO (WCC) filing?
Does this WESCO (WCC) Form 4 suggest a bullish or bearish signal?
AI-generated analysis. How Rhea-AI works. Not financial advice.