STOCK TITAN

WESCO (NYSE: WCC) CEO John Engel receives dividend-based stock equivalents

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

WESCO International Chairman, President & CEO John Engel reported an acquisition of 31.3649 common stock equivalents through dividend equivalent rights. These rights accrued on his existing restricted stock units in connection with the company’s quarterly dividend and carry the same vesting schedule as the underlying awards.

Following this routine compensation-related accrual, Engel directly holds 478,977.1054 common shares and equivalents. The transaction was recorded at a price of $0.00 per share, reflecting that it was an award rather than an open-market purchase.

Positive

  • None.

Negative

  • None.
Insider ENGEL JOHN
Role Chairman, President & CEO
Type Security Shares Price Value
Grant/Award Common Stock 31.365 $0.00 --
Holdings After Transaction: Common Stock — 478,977.105 shares (Direct, null)
Footnotes (1)
  1. [object Object]
DERs granted 31.3649 shares Dividend equivalent rights on RSUs
Post-transaction holdings 478,977.1054 shares Direct common stock and equivalents after grant
Grant price $0.00 per share Award-type acquisition, not market purchase
Transaction date 2026-06-30 Date dividend equivalent rights accrued
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.
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.
economic equivalent financial
"Each DER is the economic equivalent of one share of Issuer's common stock"
vests on the same schedule financial
"and vests on the same schedule as the underlying award"
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
ENGEL JOHN

(Last)(First)(Middle)
225 WEST STATION SQUARE DRIVE
SUITE 700

(Street)
PITTSBURGH PENNSYLVANIA 15219

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
WESCO INTERNATIONAL INC [ WCC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chairman, President & CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/30/2026A31.3649(1)A$0478,977.1054D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
/s/ Michele Nelson, as Attorney-in-Fact07/02/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did WESCO (WCC) CEO John Engel report?

John Engel reported acquiring 31.3649 common stock equivalents via dividend equivalent rights. These accrued on his restricted stock units due to WESCO’s quarterly dividend and follow the same vesting schedule as the underlying RSU awards.

How many WESCO (WCC) shares does John Engel hold after this Form 4?

After the reported transaction, John Engel directly holds 478,977.1054 WESCO common shares and equivalents. This figure reflects his updated position including the newly accrued dividend equivalent rights tied to previously granted restricted stock units.

Was John Engel’s WESCO (WCC) Form 4 an open-market stock purchase?

No, the Form 4 shows a grant-type acquisition, not an open-market purchase. Engel received 31.3649 dividend equivalent rights at a stated price of $0.00 per share, linked to existing restricted stock units and the company’s quarterly dividend.

What are dividend equivalent rights (DERs) in WESCO (WCC) CEO’s filing?

Dividend equivalent rights are awards that mirror the value of one share of common stock for each right. In Engel’s case, DERs accrued on his restricted stock units from WESCO’s quarterly dividend and vest on the same schedule as the underlying RSUs.

Do the dividend equivalent rights in WESCO (WCC) CEO’s Form 4 vest immediately?

The dividend equivalent rights do not vest immediately. The filing states each right is economically equivalent to one share and vests on the same schedule as the underlying restricted stock unit award to which it relates.