WESCO International CAO Accrues Dividend Equivalent Rights
WESCO INTERNATIONAL INC
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Filing Summary
SEC Form 4 Alert: WESCO INTERNATIONAL INC ($WCC) Insider: Matthew S Kulasa (SVP, Corp. Controller & CAO) Transaction: Acquired 1.1601 shares of Common Stock at $0.00 (Total: $0.00) Nature: Dividend Equivalent Rights (DERs) accrued on RSUs Shares Held After: 3,148.4464 Significance: Low
Comprehensive Analysis
Overview
On October 2, 2026, Matthew S. Kulasa, Senior Vice President, Corporate Controller, and Chief Accounting Officer of WESCO International Inc ($WCC), reported the acquisition of 1.1601 shares of common stock on September 30, 2026.
Transaction Details
- Security: Common Stock
- Transaction Code: A (Award / Grant)
- Shares Acquired: 1.1601
- Price Per Share: $0.00
- Total Consideration: $0.00
- Post-Transaction Holdings: 3,148.4464 shares (held directly)
Filing Notes & Context
According to Footnote (1), the shares represent dividend equivalent rights (DERs) accrued in connection with the company's regular quarterly dividend on outstanding restricted stock units (RSUs) held by Mr. Kulasa. Each DER represents the economic equivalent of one share of common stock and follows the vesting schedule of the underlying RSU award.
Trading Significance
This transaction carries Low trading significance. It does not reflect discretionary open-market buying or selling activity, but rather the routine, automatic accrual of dividend equivalent units on previously granted equity 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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