WESCO International EVP & CFO Accrues Dividend Equivalent Rights

Executive Summary

On October 2, 2026, WESCO International, Inc. ($WCC) filed a Form 4 for Executive Vice President and Chief Financial Officer Indraneel Dev. The filing reports the acquisition of 23.4602 shares of common stock at $0.00 per share on September 30, 2026, resulting from dividend equivalent rights (DERs) associated with existing restricted stock units (RSUs).

Transaction Details

• Security: Common Stock
• Transaction Code: A (Grant/Award)
• Shares Acquired: 23.4602 shares
• Price Per Share: $0.00
• Total Transaction Value: $0.00
• Ownership Post-Transaction: 16,895.5776 shares directly owned
• Nature of Award: As noted in the filing, these represent dividend equivalent rights accrued in connection with the company's quarterly dividend on RSUs held by the reporting owner. Each DER represents the economic equivalent of one share of common stock and follows the vesting schedule of the underlying award.

Market and Trading Impact

This transaction carries Low trading significance. It is a non-discretionary, administrative accrual of dividend equivalents routine for equity compensation plans, rather than an open-market purchase or sale signaling executive sentiment.