WESCO EVP receives small share grant via DERs
WESCO International EVP and General Counsel Diane Lazzaris reported a small equity-based compensation adjustment.
Rhea-AI Filing Summary
WESCO International EVP and General Counsel Diane Lazzaris reported a small equity-based compensation adjustment. She acquired 4.3467 shares of common stock on June 30, 2026 through dividend equivalent rights that accrued on previously granted restricted stock units. These rights mirror the company’s quarterly dividend and are economically equal to common shares, vesting on the same schedule as the underlying RSU awards. After this grant, her direct holdings increased to a reported total of 19,615.3446 common shares, reflecting routine compensation-related activity rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4.3467 | $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.
Key Figures
Key Terms
dividend equivalent rights ("DERs") financial
restricted stock units ("RSUs") financial
quarterly dividend financial
FAQ
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What insider transaction did WESCO (WCC) report for Diane Lazzaris?
Was the WESCO (WCC) Diane Lazzaris Form 4 a stock purchase or sale?
What are dividend equivalent rights (DERs) in the WESCO (WCC) filing?
Do the WESCO (WCC) DERs for Diane Lazzaris vest immediately?
AI-generated analysis. How Rhea-AI works. Not financial advice.