WESCO (WCC) director Laura Thompson granted dividend equivalent rights on RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WESCO International director Laura K. Thompson reported an acquisition of 2.4743 shares of common stock-equivalent value through dividend equivalent rights. These rights were credited in connection with the company’s quarterly dividend on restricted stock units she already holds and carry a grant price of $0.00 per share.
Each dividend equivalent right is economically equal to one share of WESCO common stock and will vest on the same schedule as the underlying restricted stock unit award. Following this grant, Thompson directly holds a total of 10,989.8879 common shares, including these credited rights.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Thompson Laura K
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2.474 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 10,989.888 shares (Direct, null)
Footnotes (1)
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Key Figures
Dividend equivalent rights granted: 2.4743 shares
Grant price per share: $0.00 per share
Total shares following transaction: 10,989.8879 shares
3 metrics
Dividend equivalent rights granted
2.4743 shares
Grant/award acquisition of common stock-equivalent DERs on 2026-06-30
Grant price per share
$0.00 per share
Price for the 2.4743 dividend equivalent rights
Total shares following transaction
10,989.8879 shares
Direct common stock holdings after DER credit
Key Terms
dividend equivalent rights, DERs, restricted stock units, quarterly dividend
4 terms
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.
quarterly dividend financial
"in connection with the Issuer's quarterly dividend and accrued to the Reporting Person"
A quarterly dividend is a payment a company gives to its shareholders four times a year, usually as a share of its profits. It's like getting a small bonus every few months for owning the company's stock, which can provide a steady income. Investors watch these payments to see how well a company is doing and whether it’s a good investment.