WESCO International EVP Accrues Dividend Equivalent Rights
WESCO INTERNATIONAL INC
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Filing Summary
📦 WESCO INTERNATIONAL INC ($WCC) Insider: Porwal Hemant (EVP Supply Chain & Operations) Transaction: Acquisition (Dividend Equivalent Rights) | 2.77 shares @ $0.00 ($0.00) Post-Transaction Holdings: 16,623.74 shares Significance: Low (Routine DER accrual on existing RSUs)
Comprehensive Analysis
Transaction Overview
On September 30, 2026, Hemant Porwal, Executive Vice President of Supply Chain & Operations at WESCO International Inc ($WCC), acquired 2.7655 shares of common stock at $0.00 per share. Following this transaction, Porwal directly owns 16,623.7403 shares of common stock.
Transaction Details & Classification
According to footnote disclosure, the 2.7655 shares represent dividend equivalent rights (DERs) credited in connection with the company's regular quarterly dividend on outstanding restricted stock units (RSUs). Each DER represents the economic equivalent of one share of common stock and follows the vesting terms of the underlying RSU grants.
Market Significance
This transaction is categorized as Low significance. It represents a routine, non-discretionary accrual of dividend equivalent rights associated with previously granted equity awards rather than an open-market purchase or sale.
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