WESCO (WCC) insider acquired 5.0974 DERs; owns 19,145.81
WESCO International, Inc. (WCC) reporting person Hemant Porwal, EVP Supply Chain & Operations, acquired 5.0974 dividend equivalent rights (DERs) tied to restricted stock units on 09/30/2025 at a reported price of $0.
Rhea-AI Filing Summary
WESCO International, Inc. (WCC) reporting person Hemant Porwal, EVP Supply Chain & Operations, acquired 5.0974 dividend equivalent rights (DERs) tied to restricted stock units on 09/30/2025 at a reported price of $0. Each DER is described as the economic equivalent of one share and vests with the underlying RSUs. Following the transaction, the reporting person is shown as beneficially owning 19,145.8142 shares (or share equivalents). The Form 4 was signed by an attorney-in-fact on 10/02/2025.
Positive
- Acquisition recorded: 5.0974 DERs added to the officer's holdings on 09/30/2025
- Increased beneficial ownership: Holdings reported at 19,145.8142 shares/share equivalents after the transaction
Negative
- None.
Insights
TL;DR: Reporting officer received 5.0974 dividend equivalent rights that increase total beneficial ownership to 19,145.8142.
The filing documents a non‑cash acquisition classified as transaction code A on 09/30/2025: 5.0974 DERs credited to the officer in connection with quarterly dividends on existing RSUs. The report lists a $0 price because DERs are credited rather than purchased.
This is an administrative equity compensation event tied to vesting economics of RSUs; it does not report option exercises, open‑market purchases, or sales. The Form 4 was executed by an attorney‑in‑fact on 10/02/2025.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5.0974 | $0.00 | $0.00 |
Footnotes (1)
- F1. 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.
FAQ
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What did the WCC Form 4 filing disclose about Hemant Porwal's transaction?
What are dividend equivalent rights (DERs) as disclosed in this Form 4?
When was the Form 4 for this transaction signed and filed?
AI-generated analysis. How Rhea-AI works. Not financial advice.