WESCO (WCC) EVP Naylor granted dividend equivalent stock units in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WESCO International executive Dirk Waugh Naylor received a small stock-based award through dividend equivalent rights. On March 31, 2026, he acquired 14.6364 shares of WESCO common stock at $0.00 per share, increasing his direct holdings to 12,908.6179 shares.
The award represents dividend equivalent rights (DERs) credited on his existing restricted stock units (RSUs) in connection with WESCO’s quarterly dividend. Each DER is economically equal to one share of common stock and vests on the same schedule as the underlying RSU award.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Naylor Dirk Waugh
Role
EVP & GM, Comm & Sec Solutions
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 14.636 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 12,908.618 shares (Direct)
Footnotes (1)
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Key Figures
DER shares granted: 14.6364 shares
Shares after transaction: 12,908.6179 shares
Grant price: $0.00 per share
+2 more
5 metrics
DER shares granted
14.6364 shares
Dividend equivalent rights granted on March 31, 2026
Shares after transaction
12,908.6179 shares
Direct WESCO common stock holdings after award
Grant price
$0.00 per share
Price for DER-related share acquisition
Transaction type
Grant, award, or other acquisition
Code A, non-derivative common stock
Insider role
EVP & GM, Comm & Sec Solutions
Officer title of Dirk Waugh Naylor
Key Terms
dividend equivalent rights, DERs, restricted stock units, RSUs
4 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.
DERs financial
"Each DER is the economic equivalent of one share of Issuer's common stock"
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.
RSUs financial
"vests on the same schedule as the underlying award"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
FAQ
What insider transaction did WESCO (WCC) report for Dirk Waugh Naylor?
WESCO reported that executive Dirk Waugh Naylor acquired 14.6364 shares of common stock via a stock-based award. These shares came from dividend equivalent rights tied to his restricted stock units and were credited at no cash cost to him on March 31, 2026.
What are dividend equivalent rights (DERs) in the WESCO (WCC) Form 4 filing?
Dividend equivalent rights, or DERs, are awards that mirror the economic value of one share of common stock. In this filing, DERs accrued on Dirk Waugh Naylor’s restricted stock units, matching WESCO’s quarterly dividend and vesting on the same schedule as the underlying RSU awards.
Was the WESCO (WCC) insider transaction a market purchase or sale?
The transaction was not a market purchase or sale. Instead, Dirk Waugh Naylor received 14.6364 shares at $0.00 per share as a grant of dividend equivalent rights credited on his restricted stock units, reflecting stock-based compensation tied to WESCO’s quarterly dividend.