Wesco Intl SEC Filings

Q1 FY25 (Apr–Jun 2025, J-GAAP) snapshot:

• Ordinary income ¥2.13 tn, –10.5 % YoY on softer trading and loan yields.
• Ordinary profit ¥368.6 bn, +4.0 % YoY; net profit attributable to owners ¥290.5 bn, +0.4 % (EPS ¥115.90).
• Total assets fell 1.6 % since Mar-25 to ¥278.7 tn; own-capital ratio edged up to 3.7 %.
• NPL ratio improved to 0.73 % (–23 bp); credit-related costs a modest ¥11.4 bn.

Guidance & shareholder returns: Full-year profit target lifted 8.5 % to ¥1.02 tn (15 % YoY growth), implying FY EPS ¥407.81. Dividend outlook unchanged at ¥145/share (up ¥5 YoY) with ¥72.5 interim.

Segment colour: Retail & Business Banking and CIBC drove net business profit growth; Global Markets cooled as ETF-related gains shrank to ¥3.2 bn (vs ¥31.7 bn). Net interest income rose 30 % YoY while trading income slid 14 %.

Balance-sheet trends: Loans down ¥0.14 tn to ¥94.0 tn; deposits down ¥0.62 tn to ¥154.3 tn. Unrealised gains on securities up ¥162 bn to ¥1.37 tn, aided by equity market strength. Treasury stock grew to 14.4 m shares.

Takeaway: Upgraded guidance, better asset quality and stable dividends offset revenue pressure and a still-thin capital base, signalling cautious but improving fundamentals.

AN2 Therapeutics, Inc. (NASDAQ: ANTX) filed an 8-K disclosing an unregistered equity exchange with Coastlands Capital Partners LP. On 17 June 2025 and 19 June 2025, Coastlands returned a total of 2.8 million outstanding common shares (2.5 million + 0.3 million) to the company in exchange for an equal number of pre-funded warrants.

• The warrants carry a $0.00001 exercise price and remain exercisable until fully exercised; they contain customary anti-dilution adjustments.
• A 9.99% beneficial-ownership blocker (modifiable to 19.99% with 61-day notice) limits immediate voting concentration.
• The transaction relied on the Securities Act §3(a)(9) exemption; therefore, no registration statement or cash consideration was involved.
• Because the common shares are surrendered, basic share count and near-term dilution decrease until the warrants are exercised; fully-diluted share count is unchanged.

No other financial metrics, earnings data, or operational updates were provided.

LQR House Inc. (ticker: LQR) – Form 4 filing dated 07/02/2025

Director Jing Lu reported the conversion of 179 restricted stock units (RSUs) into an equal number of common shares on 06/30/2025. The RSUs and resulting shares were already adjusted for the company’s 1-for-35 reverse stock split completed on 04/21/2025.

Following the transaction, Lu now directly owns 358 common shares and retains 1,071 RSUs that remain unconverted. The transaction was coded “M” (conversion without payment) and carried a stated price of $0, indicating no open-market purchase or sale occurred. The filing was made individually by the reporting person and does not reflect any change in control or large-scale insider accumulation/disposition.

The event is routine housekeeping—typically neutral for valuation—as it merely shifts previously granted equity from derivative to non-derivative form without affecting the company’s cash flows or total share count beyond what was already anticipated.

Form 4 highlight: On 06/30/2025, LQR House Inc. (ticker: LQR) director Hong Chun Yeung converted 179 restricted stock units into 179 common shares at $0 exercise price. The RSUs were granted on 12/19/2024 and all figures are adjusted for the 1-for-35 reverse stock split completed on 04/21/2025.

Post-conversion, Mr. Yeung directly owns 358 common shares and retains 1,071 unexercised RSUs. Transaction code “M” signals a derivative security conversion rather than an open-market purchase or sale, so no cash changed hands and the float was unaffected beyond the de minimis share issuance.

The additional shares represent an immaterial fraction of LQR’s outstanding equity and do not meaningfully alter insider ownership or voting control. Nevertheless, the filing confirms ongoing vesting of equity-based compensation and provides a transparent record of insider holdings following the recent reverse split.

Sempra (SRE) – Form 4 insider filing: Director Jack T. Taylor reported acquiring 164.09 phantom shares of Sempra common stock on 01 July 2025 as part of routine board compensation. Each phantom share converts 1-for-1 into common stock upon distribution. Following the grant, Taylor now holds 40,321.76 phantom shares, of which 1,863.44 are unvested and subject to forfeiture if service ends under certain conditions. No open-market purchases or sales of Sempra common shares were disclosed, and there were no changes to direct share ownership.

Because the transaction is compensation-related and involves a relatively small number of derivative units compared with Taylor’s existing position, the filing is considered routine and does not materially alter the company’s ownership structure.

Gran Tierra Energy Inc. (GTE) filed a Form 4 disclosing that Jim Evans, the company’s Vice President, Corporate Services, purchased 286 shares of common stock on 07/02/2025 through the company’s Employee Stock Purchase Plan (ESPP). The transaction is coded “A” and is exempt under Rules 16b-3(c) and 16b-3(d). The shares were acquired at an effective price of $4.82 per share (Canadian dollars converted to U.S. dollars). Following this purchase, Evans directly owns 46,602 shares and indirectly owns 6,100 shares through his spouse. No derivative securities were reported, and there were no sales. Although the addition represents a modest increase relative to his existing position, insider buying—particularly by an executive officer—can signal personal confidence in the issuer’s prospects. However, given the small size of the transaction, the immediate financial impact on overall share supply and valuation is expected to be negligible.

On 06/30/2025, WESCO International (WCC) Executive Vice President & Chief Human Resources Officer Christine Ann Wolf reported the acquisition of 7.7069 shares of common stock through dividend-equivalent rights (DERs) attached to existing restricted stock units. The shares were credited at a price of $0.00, reflecting automatic reinvestment of the company’s quarterly dividend.

After this routine accrual, Wolf’s direct holdings increased to 30,188.2811 shares. No shares were sold and no other derivative transactions were reported. Given the immaterial size of the acquisition—well below 0.01% of WESCO’s outstanding shares—the filing is viewed as a normal administrative adjustment rather than a meaningful indicator of insider sentiment or future company performance.

United Airlines Holdings, Inc. (UAL) has filed a Form 4 disclosing an insider transaction by Director Walter Isaacson.

• Transaction date: 06/30/2025
• Securities involved: 502.89 derivative share units acquired at $0 cost under the company’s 2006 Director Equity Incentive Plan (DEIP).
• Conversion ratio: 1 share unit = 1 share of common stock.
• Settlement timing: Units convert to common stock after the director’s separation from service, per DEIP terms.
• Post-transaction holdings: Isaacson now beneficially owns 21,058.91 share units, held directly.

The filing represents a routine deferral of quarterly director retainer fees rather than an open-market purchase or sale. No non-derivative common stock transactions were reported. The disclosure is dated 07/02/2025 and contains no price-sensitive information beyond the incremental increase in deferred equity.