STOCK TITAN

WESCO (NYSE: WCC) EVP adds shares via dividend-equivalent rights

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

WESCO International EVP & Former CFO David S. Schulz reported a small stock-based award tied to existing restricted stock units. On the transaction date, he acquired 5.9338 shares of common stock through dividend equivalent rights credited on his RSUs in connection with the company’s quarterly dividend.

Each dividend equivalent right is economically equal to one share of WESCO’s common stock and vests on the same schedule as the underlying RSU award. Following this grant, Schulz directly holds a total of 108,989.3810 shares of common stock, including these credited rights.

Positive

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Insider Schulz David S.
Role EVP & Former CFO
Type Security Shares Price Value
Grant/Award Common Stock 5.934 $0.00 --
Holdings After Transaction: Common Stock — 108,989.381 shares (Direct)
Footnotes (1)
  1. [object Object]
Shares acquired via DERs 5.9338 shares Dividend equivalent rights credited on RSUs in connection with quarterly dividend
Total shares after transaction 108,989.3810 shares Direct WESCO common stock holdings following Form 4 transaction
Transaction date 2026-03-31 Date DER-related acquisition of common stock was recorded
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.
DERs financial
"Each DER is the economic equivalent of one share of Issuer's common stock"
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.
RSUs financial
"Each DER is the economic equivalent of one share of Issuer's common stock and vests on the same schedule as the underlying award."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Schulz David S.

(Last)(First)(Middle)
225 WEST STATION SQUARE DRIVE
SUITE 700

(Street)
PITTSBURGH PENNSYLVANIA 15219

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
WESCO INTERNATIONAL INC [ WCC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP & Former CFO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock03/31/2026A5.9338(1)A$0108,989.381D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
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.
/s/ Michele Nelson, as Attorney-in-Fact04/02/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did WESCO (WCC) report for David S. Schulz?

WESCO reported that EVP & Former CFO David S. Schulz acquired 5.9338 shares of common stock through dividend equivalent rights. These rights were credited on his existing restricted stock units in connection with the company’s quarterly dividend and follow the same vesting schedule as the underlying RSUs.

How many WESCO (WCC) shares does David S. Schulz hold after this Form 4?

After the reported transaction, David S. Schulz directly holds 108,989.3810 shares of WESCO common stock. This total includes the 5.9338 shares acquired as dividend equivalent rights associated with his restricted stock units that accrue when the company pays its quarterly dividend.

Was the WESCO (WCC) Form 4 a market purchase or a stock award?

The Form 4 reflects a stock-based award, not an open-market purchase. Schulz received 5.9338 dividend equivalent rights on his restricted stock units, economically equal to common shares and tied to WESCO’s quarterly dividend, vesting on the same schedule as the underlying RSU award.

What are dividend equivalent rights (DERs) in the WESCO (WCC) filing?

Dividend equivalent rights in this filing are credits Schulz receives on his restricted stock units when WESCO pays its quarterly dividend. Each DER is economically equal to one share of WESCO common stock and vests under the same schedule as the RSU award to which it relates.

How are the new WESCO (WCC) dividend equivalent rights scheduled to vest?

The dividend equivalent rights reported in the Form 4 vest on the same schedule as the underlying restricted stock units. As those RSUs vest over time, the associated DERs—each economically equal to one share of WESCO common stock—will also vest in tandem with the original award.