WESCO (WCC) director Wajsgras granted dividend and deferred share units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WESCO International director David C. Wajsgras reported stock-based compensation rather than open-market trading. On March 31, 2026, he acquired 1.2042 shares of common stock as dividend equivalent rights tied to previously granted restricted stock units. The same day, he also received 114.2090 deferred share units credited to his deferred compensation account, each economically equal to one share of WESCO common stock. After these awards, he directly holds 774.4132 shares of common stock, reflecting routine board compensation rather than a discretionary purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
WAJSGRAS DAVID C
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1.204 | $0.00 | -- |
| Grant/Award | Common Stock | 114.209 | $273.62 | $31K |
Holdings After Transaction:
Common Stock — 660.204 shares (Direct)
Footnotes (1)
- Represents dividend equivalent rights ("DERs") in connection with the Issuer's quarterly dividend and accrued to the Reporting Person on restricted stock units ("RSUs") held by the Reporting Person. Each DER is the economic equivalent of one share of Issuer's common stock and vests on the same schedule as the underlying award. Represents deferred share units ("DSUs") credited to the Reporting Person's deferred compensation account pursuant to the Issuer's Deferred Compensation Plan for Non-Employee Directors (the "Plan"). Each DSU is the economic equivalent of one share of Issuer's common stock and is eligible for distribution in the form of Issuer's common stock based on the schedule elected by the Reporting Person in accordance with the Plan.
Key Figures
Dividend equivalent rights: 1.2042 shares
Deferred share units awarded: 114.2090 shares
Price reference for DSUs: $273.6200/share
+1 more
4 metrics
Dividend equivalent rights
1.2042 shares
DERs on RSUs credited March 31, 2026
Deferred share units awarded
114.2090 shares
DSUs credited under Deferred Compensation Plan
Price reference for DSUs
$273.6200/share
Transaction price per share for DSU credit
Shares held after transactions
774.4132 shares
Direct common stock holdings after March 31, 2026 awards
Key Terms
dividend equivalent rights, restricted stock units, deferred share units, Deferred Compensation Plan for Non-Employee Directors
4 terms
dividend equivalent rights financial
"Represents dividend equivalent rights ("DERs") in connection with the Issuer's quarterly dividend"
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
restricted stock units financial
"accrued to the Reporting Person on restricted stock units ("RSUs") held by the Reporting Person"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Deferred Compensation Plan for Non-Employee Directors financial
"pursuant to the Issuer's Deferred Compensation Plan for Non-Employee Directors (the "Plan")"
FAQ
What did WESCO (WCC) director David Wajsgras report in this Form 4?
Director David Wajsgras reported receiving stock-based compensation, not market trades. He acquired 1.2042 dividend equivalent rights and 114.2090 deferred share units tied to WESCO common stock, increasing his direct holdings to 774.4132 shares as part of routine director compensation.
Were the WESCO (WCC) Form 4 transactions open-market buys or sells?
The transactions were not open-market buys or sells. Both entries are coded as awards, representing dividend equivalent rights and deferred share units credited as compensation. They reflect routine equity-based pay for a director rather than discretionary trading activity in WESCO shares.
What are dividend equivalent rights (DERs) in the WESCO (WCC) filing?
Dividend equivalent rights in this filing are amounts credited on restricted stock units when WESCO pays its quarterly dividend. Each DER is economically equal to one share of common stock and vests on the same schedule as the underlying restricted stock unit award already held by the director.
Does this WESCO (WCC) Form 4 suggest a bullish or bearish signal?
The Form 4 reflects routine compensation awards, not a trading signal. The director received dividend equivalent rights and deferred share units as part of WESCO’s director compensation plans, without any open-market purchases or sales that might indicate a change in sentiment toward the stock.