WESCO International EVP Accrues Dividend Equivalent Rights
WESCO INTERNATIONAL INC
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Filing Summary
š Insider Transaction Report: WESCO INTERNATIONAL INC ($WCC)
Insider: Daniel J. Castillo (EVP & GM, EES) Filing Date: 2026-10-02 | Transaction Date: 2026-09-30
ā¢ Type: Grant / Dividend Equivalent Rights (Code A) ā¢ Shares: +13.6759 @ $0.00 ā¢ Total Value: $0.00 ā¢ Ending Beneficial Ownership: 14,700.9809 shares
Significance: Low (Routine dividend equivalent rights accrued on outstanding RSUs)
Comprehensive Analysis
Transaction Summary
On September 30, 2026, Daniel J. Castillo, Executive Vice President & General Manager, EES at WESCO International Inc ($WCC), acquired 13.6759 shares of common stock at an effective price of $0.00 per share.
According to the footnote disclosures, these shares reflect dividend equivalent rights (DERs) accrued in connection with the company's regular quarterly dividend on restricted stock units (RSUs) held by the reporting person. Each DER is the economic equivalent of one share of common stock and follows the vesting schedule of the underlying RSUs.
Ownership Impact
- Pre-Transaction Holdings: ~14,687.3050 shares
- Shares Acquired: 13.6759 shares
- Post-Transaction Holdings: 14,700.9809 shares (held directly)
Market Significance
This transaction is categorized as Low significance. It does not represent open-market buying or selling activity, but rather a routine administrative accrual of dividend equivalents tied to existing equity compensation awards.
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