STOCK TITAN

WESCO (WCC) CFO Dev Indraneel receives 39 dividend-equivalent shares as RSU grant

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

Rhea-AI Filing Summary

WESCO International EVP & CFO Dev Indraneel received a small equity-based award tied to his existing restricted stock units. On the reported date, he acquired 39.0688 shares of common stock in the form of dividend equivalent rights, which mirror the value and vesting of his RSUs. Following this grant, his directly held common stock position, including these rights, increased to 16,856.0688 shares. This was a compensation-related grant at no stated purchase price, not an open‑market share purchase.

Positive

  • None.

Negative

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Insider Dev Indraneel
Role EVP & CFO
Type Security Shares Price Value
Grant/Award Common Stock 39.069 $0.00 --
Holdings After Transaction: Common Stock — 16,856.069 shares (Direct)
Footnotes (1)
  1. [object Object]
Shares granted 39.0688 shares Dividend equivalent rights grant on common stock
Price per share $0.0000 per share Reported for the compensation grant
Shares held after transaction 16,856.0688 shares Direct common stock holdings following the grant
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.
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*
Dev Indraneel

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

(Street)
PITTSBURGH PENNSYLVANIA 15219-1122

(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 & 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 Stock03/31/2026A39.0688(1)A$016,856.0688D
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 EVP & CFO Dev Indraneel?

WESCO reported that EVP & CFO Dev Indraneel received 39.0688 shares of common stock as a grant of dividend equivalent rights. These rights are tied to existing restricted stock units and function as compensation, not as an open-market stock purchase.

How many WESCO (WCC) shares does Dev Indraneel hold after this Form 4 transaction?

After the reported grant, Dev Indraneel directly holds 16,856.0688 shares of WESCO common stock. This total includes the 39.0688 dividend equivalent rights that were credited in connection with the company’s quarterly dividend on his restricted stock units.

Was Dev Indraneel’s WESCO (WCC) Form 4 transaction a market purchase or sale?

The Form 4 shows a grant classified as an acquisition under code A, not a market trade. The 39.0688 shares represent dividend equivalent rights credited on restricted stock units, so no open-market buying or selling of WESCO shares occurred in this transaction.

What are dividend equivalent rights (DERs) in WESCO (WCC) insider filings?

In this filing, dividend equivalent rights are units credited when WESCO pays its quarterly dividend on outstanding restricted stock units. Each DER is economically equal to one share of common stock and vests on the same schedule as the underlying RSU award held by the executive.

How is the WESCO (WCC) Form 4 transaction for Dev Indraneel classified by the SEC code?

The transaction is coded A, meaning a grant, award, or other acquisition of non-derivative common stock. It reflects 39.0688 shares received as dividend equivalent rights tied to restricted stock units, and it increased his directly held position to 16,856.0688 shares after the transaction.