WESCO International (WCC) EVP logs 4.4163 dividend-equivalent rights on RSUs
Rhea-AI Filing Summary
WESCO International executive vice president of supply chain and operations reported an equity award change related to dividend equivalent rights on company stock. On 12/31/2025, the officer acquired 4.4163 dividend equivalent rights tied to previously granted restricted stock units, with each right economically equal to one share of common stock and vesting on the same schedule as the underlying award. Following this transaction, the reporting person beneficially owned 19,150.2305 shares of WESCO International common stock on a direct basis. The filing also notes the transaction may have been made under a Rule 10b5-1 trading plan.
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FAQ
What insider transaction did WESCO International (WCC) report in this filing?
The filing reports that the EVP Supply Chain & Operations of WESCO International acquired 4.4163 dividend equivalent rights on common stock on 12/31/2025, increasing directly held beneficial ownership to 19,150.2305 shares.
Who is the reporting person and what is their role at WESCO International (WCC)?
The reporting person is an officer of WESCO International serving as EVP Supply Chain & Operations, as indicated in the relationship section of the filing.
How many WESCO International shares does the insider beneficially own after the transaction?
After the reported transaction, the officer beneficially owns 19,150.2305 shares of WESCO International common stock in direct ownership.
What are dividend equivalent rights (DERs) in this WESCO International filing?
The filing explains that each dividend equivalent right (DER) arises from the issuer's quarterly dividend on restricted stock units, is economically equivalent to one share of common stock, and vests on the same schedule as the underlying restricted stock unit award.
Was the WESCO International (WCC) insider trade made under a Rule 10b5-1 plan?
The form includes a checkbox to indicate when a transaction is made under a Rule 10b5-1(c) contract or plan. In this filing, that box is presented in connection with the reported transaction, indicating it may relate to a Rule 10b5-1 plan.
Did the WESCO International officer pay cash for the dividend equivalent rights?
The transaction line shows the 4.4163 dividend equivalent rights as acquired with a listed price of $0, reflecting that they accrued in connection with the quarterly dividend on restricted stock units.