WESCO International (WCC) director reports added shares via dividend equivalents
Rhea-AI Filing Summary
WESCO International director reports additional stock-related units from dividends
A director of WESCO International Inc. (WCC) reported an automatic increase in holdings tied to dividend equivalent rights on restricted stock units. On 12/31/2025, the director acquired 42.2 dividend equivalent rights, recorded as common stock at a price of $0, reflecting that these units were granted rather than purchased on the market. Following this transaction, the director beneficially owned 24,816.9874 shares of common stock directly and 3,495 shares indirectly through a trust.
The filing notes that each dividend equivalent right is economically equal to one share of WESCO common stock and vests on the same schedule as the related restricted stock unit award, meaning these units track both the value and vesting of the underlying equity grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 42.2 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
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FAQ
What insider transaction did WESCO International (WCC) report in this filing?
The filing reports that a WESCO International director acquired 42.2 dividend equivalent rights linked to restricted stock units on 12/31/2025, recorded as common stock at $0 per unit.
What are dividend equivalent rights (DERs) in this WESCO International (WCC) filing?
The filing explains that the reported amount represents dividend equivalent rights that accrued on restricted stock units, with each DER being the economic equivalent of one share of WESCO common stock.
How do the WESCO (WCC) dividend equivalent rights vest for the director?
The filing states that each dividend equivalent right vests on the same schedule as the underlying restricted stock unit award held by the director.
Was cash paid for the WESCO (WCC) dividend equivalent rights reported here?
No cash was paid; the filing lists the 42.2 additional units as acquired at a price of $0, indicating they were granted in connection with the company’s quarterly dividend.