WESCO (NYSE: WCC) EVP Schulz sells stock after exercising awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WESCO International EVP & Former CFO David S. Schulz reported multiple stock transactions involving common stock and stock appreciation rights. On March 5, 2026, he sold 14,190 shares of common stock at a weighted average price of $282.88 and 1,256 shares at $284.03, in each case through open‑market sales executed across price ranges disclosed in the footnotes.
On March 4, 2026, Schulz exercised stock appreciation rights covering 22,144 and 12,859 shares of common stock at exercise prices of $54.64 and $76.80, respectively, and delivered shares back to the issuer and for taxes. Following these transactions, he held 108,983.4472 shares of WESCO common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 15,446 shares ($4,370,809)
Net Sell
10 txns
Insider
Schulz David S.
Role
EVP & Former CFO
Sold
15,446 shs ($4.37M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 14,190 | $282.88 | $4.01M |
| Sale | Common Stock | 1,256 | $284.03 | $357K |
| Exercise | Stock Appreciation Rights | 22,144 | $0.00 | -- |
| Exercise | Stock Appreciation Rights | 12,859 | $0.00 | -- |
| Exercise | Common Stock | 22,144 | $54.64 | $1.21M |
| Disposition | Common Stock | 4,223 | $286.58 | $1.21M |
| Tax Withholding | Common Stock | 7,794 | $286.58 | $2.23M |
| Exercise | Common Stock | 12,859 | $76.80 | $988K |
| Disposition | Common Stock | 3,447 | $286.58 | $988K |
| Tax Withholding | Common Stock | 4,093 | $286.58 | $1.17M |
Holdings After Transaction:
Common Stock — 110,239.447 shares (Direct);
Stock Appreciation Rights — 0 shares (Direct)
Footnotes (1)
- Represents weighted average sale price. These shares were sold in multiple transactions at prices ranging from $282.54 to $283.53. Upon request by the SEC, the Issuer or a stockholder of the Issuer, complete information regarding the number of shares sold at each price within the range will be provided. Represents weighted average sale price. These shares were sold in multiple transactions at prices ranging from $283.54 to $284.49. Upon request by the SEC, the Issuer or a stockholder of the Issuer, complete information regarding the number of shares sold at each price within the range will be provided. The Stock Appreciation Rights became exercisable in three (3) equal, annual installments beginning on the first anniversary of the February 13, 2019 grant date. The Stock Appreciation Rights became exercisable in three (3) equal, annual installments beginning on the first anniversary of the February 11, 2021 grant date.
FAQ
What insider transactions did WESCO (WCC) executive David S. Schulz report?
David S. Schulz reported exercising stock appreciation rights and related stock dispositions, plus open‑market sales of WESCO common stock. The activity includes derivative exercises on March 4, 2026, followed by open‑market sales on March 5, 2026, at weighted average prices detailed in the filing footnotes.
What stock appreciation rights did WESCO (WCC) executive Schulz exercise?
He exercised stock appreciation rights for 22,144 shares with a $54.64 exercise price and 12,859 shares with a $76.80 exercise price on March 4, 2026. These rights vested in three equal annual installments from grant dates in February 2019 and February 2021.
What is David S. Schulz’s role at WESCO (WCC) in this insider report?
In this insider transaction report, David S. Schulz is identified as WESCO International Inc.’s Executive Vice President and Former Chief Financial Officer. The reported transactions involve his directly held common stock and stock appreciation rights in the company.