WESCO (WCC) EVP adds dividend-equivalent stock units in insider Form 4
Rhea-AI Filing Summary
WESCO International executive reports dividend-related stock units
An executive officer of WESCO International, Inc. (WCC), serving as EVP, Chief Information & Digital Officer, reported an automatic equity-related transaction dated 12/31/2025. The filing shows the acquisition of 37.401 shares of common stock in the form of dividend equivalent rights (DERs) at a price of $0. After this accrual, the executive beneficially owns 34,142.3958 shares of WESCO common stock in direct ownership.
The DERs arose from the company’s quarterly dividend on restricted stock units already held by the executive. Each DER is economically equivalent to one share of WESCO common stock and vests on the same schedule as the underlying restricted stock unit award, meaning these units follow the same time-based conditions as the original grant.
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FAQ
What insider transaction did WESCO International (WCC) report in this Form 4?
The Form 4 reports that an executive officer of WESCO International, Inc. (WCC) acquired 37.401 shares of common stock in the form of dividend equivalent rights (DERs) on 12/31/2025 at a price of $0.
Who is the reporting person in the WESCO (WCC) Form 4 and what is their role?
The reporting person is an officer of WESCO International Inc. with the title EVP, Chief Info & Digital Off., indicating they are an executive vice president and chief information & digital officer of the company.
How many WESCO (WCC) shares does the executive own after this reported transaction?
Following the reported DER accrual, the executive beneficially owns 34,142.3958 shares of WESCO International Inc. common stock, held in direct ownership.
What are dividend equivalent rights (DERs) in this WESCO (WCC) filing?
The filing explains that the reported amount represents dividend equivalent rights (DERs) linked to WESCO’s quarterly dividend. These DERs accrued on restricted stock units already held by the executive, and each DER is the economic equivalent of one share of WESCO common stock.
How do the WESCO (WCC) dividend equivalent rights vest?
The filing states that each DER vests on the same schedule as the underlying award of restricted stock units, meaning the DERs follow the same vesting timing and conditions as the related RSU grant.
Was the WESCO (WCC) insider transaction in this Form 4 an open-market purchase or sale?
No open-market trade is reported. The transaction code shows an acquisition (A) of 37.401 common stock equivalents at $0, described as DERs that accrued from the company’s quarterly dividend on existing restricted stock units.