WESCO International (WCC) CEO reports dividend-equivalent RSU accrual on Form 4
Rhea-AI Filing Summary
WESCO International Inc. reported a routine insider equity accrual for its Chairman, President & CEO. On 12/31/2025, the executive received 47.3907 dividend equivalent rights (DERs) tied to restricted stock units (RSUs), each economically equal to one share of WESCO common stock and vesting on the same schedule as the underlying RSU award. The transaction was reported at a price of $0, reflecting that these DERs arose from the company’s quarterly dividend rather than an open‑market purchase. Following this accrual, the executive directly beneficially owned 475,672.1394 shares of WESCO common stock.
Positive
- None.
Negative
- None.
FAQ
What insider transaction was reported for WESCO International Inc (WCC)?
The filing reports that on 12/31/2025, WESCO International Inc’s Chairman, President & CEO received 47.3907 dividend equivalent rights (DERs) tied to existing restricted stock units.
How many WESCO (WCC) shares does the reporting person own after this transaction?
After the reported DER accrual, the reporting person beneficially owned 475,672.1394 shares of WESCO International Inc common stock in direct ownership.
What are dividend equivalent rights (DERs) in this WESCO (WCC) Form 4?
The filing explains that the 47.3907 DERs represent amounts credited in connection with WESCO’s quarterly dividend on RSUs held by the reporting person, with each DER economically equivalent to one share of WESCO common stock and vesting on the same schedule as the underlying RSU award.
Was cash paid for the reported WESCO (WCC) insider transaction?
No cash was paid for this transaction. The Form 4 lists the 47.3907 DERs as acquired at a price of $0 because they accrued automatically with the quarterly dividend on existing RSUs.
What is the reporting person’s role at WESCO International Inc (WCC)?
The reporting person is identified as an officer of WESCO International Inc, serving as Chairman, President & CEO.
Is this WESCO (WCC) Form 4 filed for one person or a group?
The Form 4 is indicated as being filed by one reporting person, not by a joint or group filing.