Wesco International EVP & General Counsel Accrues Dividend Equivalent Rights
WESCO INTERNATIONAL INC
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Filing Summary
📋 Form 4 Filing: Wesco International Inc ($WCC) Insider: Diane Lazzaris (EVP and General Counsel) Transaction Date: September 30, 2026 Type: Acquisition (Award / DERs) Shares: +4.1817 @ $0.00 Total Post-Transaction Ownership: 19,619.5263 shares Significance: Low (Routine dividend equivalent rights accrual)
Comprehensive Analysis
Executive Summary
On October 2, 2026, Diane Lazzaris, EVP and General Counsel of Wesco International Inc ($WCC), filed a Form 4 disclosing the acquisition of 4.1817 shares of common stock on September 30, 2026. The shares represent dividend equivalent rights (DERs) accrued in connection with the company's quarterly dividend on existing restricted stock units (RSUs).
Transaction Details
- Security: Common Stock
- Transaction Code: A (Grant / Award)
- Shares Acquired: 4.1817 shares
- Transaction Price: $0.00 (accrued DERs)
- Post-Transaction Beneficial Ownership: 19,619.5263 shares (Direct)
Market Impact & Significance
This transaction carries Low significance. It reflects an automatic, routine credit of dividend equivalent rights associated with outstanding RSUs rather than an open-market purchase or discretionary trade, providing no meaningful directional signal regarding insider sentiment.
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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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