Wesco International EVP James Cameron Receives Dividend Equivalent Rights
WESCO INTERNATIONAL INC
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Filing Summary
Form 4 Alert: WESCO INTERNATIONAL INC ($WCC) Insider: Cameron James (EVP & GM, Util & Broadband) Action: Acquisition (Code: A) Shares: 29.0422 @ $0.00 Total Value: $0.00 Post-Transaction Holdings: 46,498.5186 shares Significance: Low (Routine accrual of dividend equivalent rights on RSUs)
Comprehensive Analysis
Transaction Overview
On September 30, 2026, James Cameron, Executive Vice President and General Manager of Utility & Broadband at WESCO International Inc ($WCC), acquired 29.0422 shares of Common Stock at $0 per share. Following this transaction, Mr. Cameron directly holds 46,498.5186 shares of the company.
Transaction Nature and Classification
The transaction was categorized under Code 'A' (Grant, award, or other acquisition pursuant to Rule 16b-3(d)). According to the footnotes, these shares reflect dividend equivalent rights (DERs) accrued in connection with the company's regular quarterly dividend on outstanding restricted stock units (RSUs) held by the reporting person. Each DER represents the economic equivalent of one share of common stock and follows the vesting terms of the underlying RSU award.
Market Significance
This transaction is evaluated as having Low trading significance. It does not reflect open-market buying or selling activity, nor does it demonstrate discretionary sentiment from management. It is a standard, automated compensation event resulting from quarterly dividend accruals on previously awarded equity units.
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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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