WESCO International Chairman & CEO Receives Dividend Equivalent Rights
WESCO INTERNATIONAL INC
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Filing Summary
# Insider Filing: WESCO INTERNATIONAL INC ($WCC)
**Insider:** ENGEL JOHN (Chairman, President & CEO)
**Transaction Date:** September 30, 2026
**Action:** Acquisition (Dividend Equivalent Rights)
**Shares Transacted:** +30.17 shares
**Price:** $0.00
**Value:** $0.00
**Ending Beneficial Ownership:** 479,007.28 shares
**Significance:** Low (Routine accrual on existing RSUs)
Comprehensive Analysis
Executive Summary
On October 2, 2026, WESCO International Inc. ($WCC) filed a Form 4 on behalf of Chairman, President & CEO John Engel. The filing reported an acquisition of 30.1734 shares of common stock at $0.00 on September 30, 2026, bringing his total direct beneficial ownership to 479,007.2788 shares.
Transaction Details
- Transaction Code:
A(Grant/Award/Other Acquisition) - Nature of Acquisition: Accrual of dividend equivalent rights ("DERs") related to the issuer's quarterly dividend credited on restricted stock units ("RSUs").
- Economics: Each DER is the economic equivalent of one share of common stock and follows the vesting schedule of the underlying RSUs.
Market & Trading Significance
This transaction carries Low trading significance. It does not reflect an open-market purchase or discretionary investment decision by the executive; rather, it is an automatic, routine accrual of dividend equivalents tied to existing equity incentive compensation.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
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