WESCO EVP reports share grant and tax withholding
Dirk Waugh Naylor, EVP & GM, Comm & Sec Solutions at WESCO International Inc, reported two common-stock transactions on June 30, 2026.
Rhea-AI Filing Summary
Dirk Waugh Naylor, EVP & GM, Comm & Sec Solutions at WESCO International Inc, reported two common-stock transactions on June 30, 2026. He received 11.6154 shares as an equity grant and had 284.4067 shares withheld for tax at $345.43 per share, resulting in direct ownership of exactly 8,682.8266 common shares. These events relate to RSU-linked compensation and associated tax withholding, and the disclosure indicates no Rule 10b5-1 trading plan for these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Naylor Dirk Waugh
Role
EVP & GM, Comm & Sec Solutions
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 11.6154 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 284.4067 | $345.43 | $98K |
Holdings After Transaction:
Common Stock — 8,682.8266 shares (Direct)
Footnotes (2)
- 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.
- F2. Represents tax withholding on the vesting of restricted stock units ("RSUs") that were granted on 06/30/2025.
Key Figures
Grant/award shares: 11.6154 shares
Tax withholding shares: 284.4067 shares
Tax withholding price: $345.4300 per share
+1 more
4 metrics
Grant/award shares
11.6154 shares
Common stock grant/award to Dirk Waugh Naylor on June 30, 2026
Tax withholding shares
284.4067 shares
Common stock withheld to satisfy tax liability on June 30, 2026
Tax withholding price
$345.4300 per share
Per-share value used for tax-withholding disposition of common stock
Post-transaction holdings
8,682.8266 shares
Direct common stock holdings after reported transactions
Key Terms
dividend equivalent rights, restricted stock units, DERs
3 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.
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.
DERs financial
"Each DER is the economic equivalent of one share of Issuer's common stock"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What transactions did WESCO (WCC) insider Dirk Waugh Naylor report?
He reported two common-stock transactions on June 30, 2026. An equity grant acquisition of 11.6154 shares and a tax-withholding disposition of 284.4067 shares at $345.43 per share were disclosed, together leaving him with 8,682.8266 WESCO common shares held directly.
Were Dirk Waugh Naylor's WESCO (WCC) transactions under a Rule 10b5-1 plan?
No, they were not conducted under a Rule 10b5-1 trading plan. The Rule 10b5-1 checkbox in the insider report is marked false, indicating these transactions were not affirmed as occurring pursuant to a pre-arranged trading plan.
What does WESCO (WCC) disclose about dividend equivalent rights on RSUs?
WESCO notes that dividend equivalent rights (DERs) accrue on restricted stock units. Each DER is economically equivalent to one share of WESCO common stock and vests on the same schedule as the underlying RSU award held by the insider.
AI-generated analysis. How Rhea-AI works. Not financial advice.