STOCK TITAN

WESCO (WCC) director adds dividend-equivalent stock units in Form 4 filing

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

Rhea-AI Filing Summary

WESCO International director Michael Lonon reported a small stock-based award tied to his existing equity compensation. On June 30, 2026, he acquired 0.9556 shares of common stock in the form of dividend equivalent rights, which mirror the company’s quarterly dividend on his restricted stock units.

Each dividend equivalent right is economically equal to one WESCO share and vests on the same schedule as the underlying restricted stock units. Following this routine grant, Lonon’s directly held common stock (including these equivalents) totaled 661.1598 shares, reflecting ongoing participation in the company’s equity incentive programs rather than an open-market purchase.

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Insider Carter Michael Lonon
Role null
Type Security Shares Price Value
Grant/Award Common Stock 0.956 $0.00 --
Holdings After Transaction: Common Stock — 661.16 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Dividend equivalent rights granted 0.9556 shares Common stock equivalents accrued on June 30, 2026
Shares held after transaction 661.1598 shares Total WESCO common stock directly owned after award
Transaction price per share $0.0000 per share Equity grant classified as a non-cash award
Transaction code A Grant, award, or other acquisition of common stock
Transaction direction acquire Non-derivative award added to director’s holdings
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
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Learn about SEC filing dates
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)
06/30/2026
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 Stock06/30/2026A0.9556(1)A$0661.1598D
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-Fact07/02/2026
** 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 report in this Form 4?

Director Michael Lonon reported receiving 0.9556 common-share equivalents through dividend equivalent rights. These relate to quarterly dividends on his existing restricted stock units and are part of routine equity compensation, not an open-market stock purchase or sale.

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

After the June 30, 2026 transaction, Michael Lonon held 661.1598 WESCO common shares directly. This total includes the newly accrued dividend equivalent rights tied to his restricted stock units and reflects his updated equity position.

What are dividend equivalent rights (DERs) in WESCO’s Form 4 for Michael Lonon?

Dividend equivalent rights are awards that mirror WESCO’s quarterly dividend on restricted stock units. Each DER equals one share economically and vests on the same schedule as the related RSUs, giving the holder dividend-like value without an immediate full share issuance.

Was the WESCO (WCC) Form 4 for Michael Lonon a stock purchase or sale?

The filing shows an acquisition classified as a grant or award, not a market trade. Lonon received 0.9556 share equivalents via dividend equivalent rights linked to his RSUs, so there was no open-market buying or selling of WESCO stock.

Why did Michael Lonon receive only 0.9556 WESCO share equivalents in this award?

The 0.9556 share equivalents reflect the calculated dividend equivalent rights on his outstanding restricted stock units. The figure is fractional because it is based on the dividend rate and RSU balance, producing a precise economic equivalent rather than a rounded whole-share grant.