WESCO International EVP reports dividend-equivalent stock rights
WESCO International Inc.'s Executive Vice President and General Manager of EES reported a routine equity accrual tied to existing awards.
Rhea-AI Filing Summary
WESCO International Inc.'s Executive Vice President and General Manager of EES reported a routine equity accrual tied to existing awards. On 12/31/2025, the insider acquired 22.7597 dividend equivalent rights (DERs) related to previously granted restricted stock units. The DERs were recorded at a price of $0, reflecting that they were issued as part of the company’s quarterly dividend rather than purchased in the market.
Each DER is economically equal to one share of WESCO common stock and will vest on the same schedule as the underlying restricted stock units. Following this transaction, the reporting person beneficially owned 12,294.03 shares of WESCO common stock in direct ownership. The filing reflects ongoing equity-based compensation rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 22.7597 | $0.00 | $0.00 |
Footnotes (1)
- 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did WESCO International (WCC) report in this Form 4?
Who is the reporting person in the WESCO International (WCC) Form 4?
What are dividend equivalent rights (DERs) in the WESCO (WCC) Form 4?
Do the WESCO (WCC) dividend equivalent rights vest immediately?
Did the WESCO (WCC) insider pay cash for the DERs reported?
AI-generated analysis. How Rhea-AI works. Not financial advice.