WESCO International (WCC) officer credited dividend equivalent rights on RSUs
Rhea-AI Filing Summary
WESCO International executive SVP, Corporate Controller & CAO reported a routine equity-related transaction. On 12/31/2025, the reporting person acquired 1.8673 dividend equivalent rights (DERs) tied to previously granted restricted stock units. Each DER represents the economic value of one share of WESCO common stock and follows the same vesting schedule as the underlying restricted stock award.
After this transaction, the reporting person beneficially owned a total of 3,321.9449 shares of WESCO common stock on a direct basis. The DERs were credited at a price of $0, reflecting their nature as dividend-based adjustments rather than open-market purchases.
Positive
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Negative
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FAQ
What insider transaction did WESCO International (WCC) report in this Form 4?
The filing shows that a WESCO International executive acquired 1.8673 dividend equivalent rights (DERs) on 12/31/2025 related to existing restricted stock units.
Who is the reporting person in this WESCO (WCC) Form 4 and what is their role?
The reporting person is an officer of WESCO International serving as SVP, Corporate Controller & Chief Accounting Officer (CAO).
How many WESCO (WCC) shares does the insider own after the reported transaction?
Following the credited dividend equivalent rights, the reporting person beneficially owns 3,321.9449 shares of WESCO International common stock on a direct basis.
What are dividend equivalent rights (DERs) in this WESCO (WCC) filing?
Dividend equivalent rights are described as DERs that accrue on restricted stock units when WESCO pays its quarterly dividend. Each DER is the economic equivalent of one share of WESCO common stock and vests on the same schedule as the related restricted stock unit award.
Did the WESCO (WCC) insider pay cash for the reported DERs?
No. The Form 4 shows the price for the acquired common stock equivalent as $0, indicating these DERs were credited as part of the quarterly dividend, not purchased in the market.
Is this WESCO (WCC) Form 4 filed for one or multiple reporting persons?
The document indicates it is a Form filed by one reporting person, not a joint or group filing.