WESCO director receives stock-based awards
WESCO International director Sundaram Nagarajan reported stock-based awards rather than open-market trades.
Rhea-AI Filing Summary
WESCO International director Sundaram Nagarajan reported stock-based awards rather than open-market trades. On June 30, 2026, he acquired 22.6170 shares of common stock at a reference price of $345.43 per share through dividend equivalent rights tied to existing restricted stock units.
He also received 10.4709 deferred share units credited to his deferred compensation account under WESCO’s plan for non-employee directors, each economically equivalent to one share of common stock. Following these compensation-related grants, his directly held common stock position, including these units, is disclosed at just over 7,200 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 10.4709 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 22.617 | $345.43 | $8K |
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 deferred share units ("DSUs") credited to the Reporting Person's deferred compensation account pursuant to the Issuer's Deferred Compensation Plan for Non-Employee Directors (the "Plan"). Each DSU is the economic equivalent of one share of Issuer's common stock and is eligible for distribution in the form of Issuer's common stock based on the schedule elected by the Reporting Person in accordance with the Plan.
Key Figures
Key Terms
dividend equivalent rights financial
restricted stock units financial
Deferred Compensation Plan for Non-Employee Directors financial
FAQ
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What insider transactions did WESCO (WCC) director Sundaram Nagarajan report?
What are dividend equivalent rights (DERs) in the WESCO Form 4?
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