Director at WESCO (NYSE: WCC) awarded 659 RSUs in stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WESCO International director Sundaram Easwaran reported an equity award of company stock. He acquired 659 shares of common stock through a grant of restricted stock units (RSUs) at a stated price of $0.00 per share.
Each RSU represents a contingent right to receive one share of WESCO common stock, and the RSUs vest in full on the first anniversary of the grant date. Following this award, Easwaran directly holds a total of 14,408.4214 shares of WESCO common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sundaram Easwaran
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 659 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 14,408.421 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did WESCO (WCC) director Sundaram Easwaran report?
Sundaram Easwaran reported receiving a grant of 659 restricted stock units (RSUs) of WESCO common stock. The grant was recorded at a price of $0.00 per share and reflects an equity award rather than an open-market purchase or sale.
What are the vesting terms of the RSUs granted to the WESCO (WCC) director?
The 659 RSUs granted to the director vest in full on the first anniversary of the grant date. Until vesting, they represent contingent rights to receive WESCO common shares, rather than currently issued stock in the director’s trading account.
What type of security was involved in the WESCO (WCC) Form 4 filing?
The filing involves WESCO common stock delivered through restricted stock units. Each RSU represents a contingent right to acquire one share of WESCO’s common stock, subject to vesting on the first anniversary of the grant date, as described in the footnote.