WESCO (WCC) EVP James Cameron granted dividend equivalent rights shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WESCO International EVP James Cameron reported an acquisition of 30.1889 shares of common stock on June 30, 2026. These shares represent dividend equivalent rights that accrued on his existing restricted stock units in connection with the company’s quarterly dividend. After this award, he holds 46,469.4764 common shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Cameron James
Role
EVP & GM, Util & Broadband
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 30.189 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 46,469.476 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares acquired: 30.1889 shares
Holdings after transaction: 46,469.4764 shares
Transaction price per share: $0.0000 per share
3 metrics
Shares acquired
30.1889 shares
Dividend equivalent rights grant on June 30, 2026
Holdings after transaction
46,469.4764 shares
Common stock directly held by James Cameron after grant
Transaction price per share
$0.0000 per share
Reported grant price for the DER-related common shares
Key Terms
dividend equivalent rights, DERs, restricted stock units ("RSUs"), vests on the same schedule as the underlying award
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 ("RSUs") financial
"accrued to the Reporting Person on restricted stock units ("RSUs") held by the Reporting Person"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
vests on the same schedule as the underlying award financial
"and vests on the same schedule as the underlying award"
FAQ
What insider transaction did WESCO (WCC) executive James Cameron report?
James Cameron reported receiving 30.1889 shares of WESCO common stock as a grant. These represent dividend equivalent rights accrued on his restricted stock units in connection with WESCO’s quarterly dividend, increasing his direct holdings to 46,469.4764 shares.
Was James Cameron’s WESCO Form 4 transaction a stock purchase or sale?
The Form 4 shows an acquisition, not a market purchase or sale. Cameron received 30.1889 common shares as a grant of dividend equivalent rights tied to restricted stock units, with no price paid per share reported in the filing.
What are dividend equivalent rights (DERs) in WESCO’s Form 4 for James Cameron?
Dividend equivalent rights are awards that mirror dividends on unvested equity. In this case, each DER is economically equal to one WESCO common share and accrued on James Cameron’s restricted stock units, vesting on the same schedule as the underlying RSU award.
Do the WESCO dividend equivalent rights granted to James Cameron vest immediately?
The dividend equivalent rights do not vest immediately. The filing states each DER is economically equivalent to one WESCO common share and vests on the same schedule as the underlying restricted stock unit award held by James Cameron.