STOCK TITAN

WESCO (NYSE: WCC) director adds dividend-equivalent stock units

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

Rhea-AI Filing Summary

WESCO International director Michael Lonon Carter received an equity-based award linked to company stock. He acquired 1.2042 dividend equivalent rights (DERs) on common stock at a stated price of $0.0000 per share, increasing his direct holdings to 660.2042 shares.

According to the footnote, these DERs were credited in connection with WESCO’s quarterly dividend on restricted stock units (RSUs) he already holds. Each DER is economically equivalent to one share of common stock and will vest on the same schedule as the underlying RSU award, reflecting compensation rather than an open-market purchase.

Positive

  • None.

Negative

  • None.
Insider Carter Michael Lonon
Role Director
Type Security Shares Price Value
Grant/Award Common Stock 1.204 $0.00 --
Holdings After Transaction: Common Stock — 660.204 shares (Direct)
Footnotes (1)
  1. [object Object]
DERs granted 1.2042 DERs Dividend equivalent rights credited on RSUs
Price per DER $0.0000 per share Stated transaction price for DER grant
Holdings after transaction 660.2042 shares Direct WESCO common stock holdings after DER 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.
RSUs financial
"and accrued to the Reporting Person on restricted stock units ("RSUs") held"
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*
Carter Michael Lonon

(Last)(First)(Middle)
225 WEST STATION SQUARE DRIVE, STE. 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)
XDirector10% Owner
Officer (give title below)Other (specify below)
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 Stock03/31/2026A1.2042(1)A$0660.2042D
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 did WESCO (WCC) director Michael Lonon Carter report in this Form 4?

Michael Lonon Carter reported an acquisition of 1.2042 dividend equivalent rights (DERs) tied to WESCO common stock. These DERs arise from the company’s quarterly dividend on restricted stock units and represent additional stock-based compensation rather than an open-market share purchase.

How many WESCO (WCC) shares does Michael Lonon Carter hold after this transaction?

After this transaction, Michael Lonon Carter directly holds 660.2042 shares of WESCO common stock. This total includes the newly acquired 1.2042 dividend equivalent rights, which are economically equivalent to shares and vest on the same schedule as the related restricted stock units.

What are dividend equivalent rights (DERs) in the WESCO (WCC) Form 4 filing?

Dividend equivalent rights, or DERs, are awards that mirror dividends on unvested equity such as restricted stock units. In this case, each DER is economically equivalent to one WESCO common share and vests at the same time as the underlying RSU award credited to the reporting person.

Was there any cash paid in Michael Lonon Carter’s WESCO (WCC) Form 4 transaction?

No cash changed hands in this transaction. The Form 4 shows a transaction price of $0.0000 per share for the 1.2042 DERs, indicating a stock-based compensation entry rather than a cash purchase or sale on the open market.

Is Michael Lonon Carter’s WESCO (WCC) Form 4 transaction an open-market buy or sell?

The transaction is not an open-market buy or sell. It is classified as a grant or award acquisition of 1.2042 dividend equivalent rights tied to existing restricted stock units, reflecting routine equity compensation instead of a discretionary market trade in WESCO shares.