WESCO EVP receives small stock-based award
WESCO International executive vice president and general counsel Diane Lazzaris acquired 5.4334 shares of common stock through dividend equivalent rights tied to her existing restricted stock units.
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Rhea-AI Filing Summary
WESCO International executive vice president and general counsel Diane Lazzaris acquired 5.4334 shares of common stock through dividend equivalent rights tied to her existing restricted stock units. Each right is economically equal to one share and follows the same vesting schedule as the underlying award. After this grant, she directly holds a total of 29,520.9979 common shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5.4334 | $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
underlying award financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did WESCO (WCC) EVP Diane Lazzaris report in this Form 4 filing?
What are dividend equivalent rights (DERs) in the WESCO (WCC) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.