WESCO International (WCC) EVP reports dividend-equivalent stock accrual
Rhea-AI Filing Summary
WESCO International Inc. executive EVP & GM, Util & Broadband reported a routine equity accrual connected to company dividends. On 12/31/2025, the officer acquired 39.7407 shares of common stock at $0, increasing direct beneficial ownership to 45,791.5244 shares.
The filing explains these are dividend equivalent rights (DERs), which arise from the issuer’s quarterly dividend on restricted stock units (RSUs) already held by the executive. Each DER is economically equal to one share of WESCO common stock and follows the same vesting schedule as the underlying RSU award.
Positive
- None.
Negative
- None.
FAQ
What insider transaction did WESCO International (WCC) disclose in this Form 4?
The filing shows the EVP & GM, Util & Broadband acquired 39.7407 shares of WESCO common stock on 12/31/2025 through dividend equivalent rights tied to existing RSUs, at a price of $0.
How many WESCO (WCC) shares does the reporting person now beneficially own?
After the reported transaction, the executive directly and beneficially owns 45,791.5244 shares of WESCO International common stock.
What are dividend equivalent rights (DERs) in this WESCO International filing?
The document states that dividend equivalent rights (DERs) arise from the issuer’s quarterly dividend on restricted stock units (RSUs). Each DER is economically equal to one share of WESCO common stock and vests on the same schedule as the related RSU award.
Was this WESCO (WCC) insider transaction related to options or other derivatives?
No derivative securities were reported in Table II. The only activity disclosed is the acquisition of common stock via dividend equivalent rights associated with existing RSUs.
What is the role of the reporting person at WESCO International (WCC)?
The reporting person is identified as an Officer, specifically EVP & GM, Util & Broadband of WESCO International Inc.
Do the WESCO dividend equivalent rights (DERs) vest immediately?
According to the explanation, each DER vests on the same schedule as the underlying RSU award, meaning it follows the RSU vesting terms rather than vesting immediately.