WESCO INTERNATIONAL INC·4

Feb 18, 7:51 PM ET

Lazzaris Diane 4

4 · WESCO INTERNATIONAL INC · Filed Feb 18, 2026

Research Summary

AI-generated summary of this filing

Updated

WESCO (WCC) EVP Diane Lazzaris Sells Shares, Exercises Options

What Happened Diane Lazzaris, EVP and General Counsel of WESCO International (WCC), exercised stock options/rights and vested RSUs, acquiring about 10,704 shares via exercise, and disposed (sold or withheld) roughly 27,247 shares between Feb 16–18, 2026. Open-market sales and tax/withholding transactions generated approximately $8.3 million in proceeds. Several dispositions were labeled as tax-withholding or payments to the issuer, indicating shares were used to cover exercise costs and taxes (cashless/withholding activity).

Key Details

  • Transaction dates: Feb 16–18, 2026 (report filed Feb 18, 2026; filing appears timely).
  • Exercises/acquisitions: 6,051 shares at $76.80; 3,324 shares at $171.96; 1,329 shares at $152.07 — total acquired ≈ 10,704 shares (exercise cost ≈ $1.24M).
  • Dispositions (sales/withholding): ~27,247 shares disposed in multiple transactions and withholding events, total proceeds ≈ $8.29M.
  • Sale price ranges (weighted averages / ranges per footnotes): roughly $299.87 – $306.45 across different blocks; several weighted-average footnotes note multiple execution prices within listed ranges.
  • Notable footnotes: F1 = tax withholding on vested RSUs (granted Feb 16, 2023). F11–F13 describe vesting schedules for SARs/options. Several F2–F10 refer to weighted-average sale price ranges; complete per-price breakdown available on request.
  • Shares owned after the transactions: not stated in the provided filing summary.

Context

  • This was largely a mixed exercise + sell event: Ms. Lazzaris exercised options/converted awards and then had shares withheld/sold to satisfy exercise costs and taxes, with additional open-market sales. That pattern (exercise + sell/withhold) is common and typically reflects routine compensation-tax handling rather than an independent bullish or bearish signal.
  • Transaction codes: M = exercise/conversion of derivative; F = payment of exercise price/tax withholding; S = open-market sale; D = disposition to issuer.
  • No indication in the filing that these were gifts or 10% owner transactions; they appear to be executive compensation exercises and routine sales.

Insider Transaction Report

Form 4
Period: 2026-02-16
Lazzaris Diane
EVP and General Counsel
Transactions
  • Tax Payment

    Common Stock

    [F1]
    2026-02-16$307.10/sh235.872$72,43645,171.826 total
  • Sale

    Common Stock

    [F2]
    2026-02-17$304.64/sh8,655$2,636,65936,516.826 total
  • Sale

    Common Stock

    [F3]
    2026-02-17$305.51/sh6,737$2,058,22129,779.826 total
  • Sale

    Common Stock

    [F4]
    2026-02-17$306.23/sh645$197,51829,134.826 total
  • Exercise/Conversion

    Common Stock

    2026-02-17$76.80/sh+6,051$464,71735,185.826 total
  • Disposition to Issuer

    Common Stock

    2026-02-17$300.92/sh1,544$464,62033,640.826 total
  • Tax Payment

    Common Stock

    2026-02-17$300.92/sh1,960$589,80331,680.826 total
  • Exercise/Conversion

    Common Stock

    2026-02-17$171.96/sh+3,324$571,59532,458.826 total
  • Exercise/Conversion

    Common Stock

    2026-02-17$152.07/sh+1,329$202,10133,787.826 total
  • Tax Payment

    Common Stock

    2026-02-17$303.64/sh3,466$1,052,41630,321.826 total
  • Sale

    Common Stock

    [F5]
    2026-02-17$304.22/sh1,001$304,52429,320.826 total
  • Sale

    Common Stock

    [F6]
    2026-02-17$304.82/sh185$56,39229,135.826 total
  • Sale

    Common Stock

    [F7]
    2026-02-17$300.07/sh71$21,30529,064.826 total
  • Sale

    Common Stock

    [F8]
    2026-02-18$301.50/sh1,623$489,33529,988.826 total
  • Sale

    Common Stock

    [F9]
    2026-02-18$302.18/sh391$118,15229,597.826 total
  • Sale

    Common Stock

    [F10]
    2026-02-18$305.28/sh733$223,77028,864.826 total
  • Exercise/Conversion

    Stock Appreciation Rights

    [F11]
    2026-02-176,0510 total
    Exercise: $76.80Exp: 2031-02-11Common Stock (6,051 underlying)
  • Exercise/Conversion

    Stock Options (Right to Buy)

    [F12]
    2026-02-173,3240 total
    Exercise: $171.96Exp: 2033-02-16Common Stock (3,324 underlying)
  • Exercise/Conversion

    Stock Options (Right to Buy)

    [F13]
    2026-02-171,3292,661 total
    Exercise: $152.07Exp: 2034-03-01Common Stock (1,329 underlying)
Footnotes (13)
  • [F1]Represents tax withholding on the vesting of RSUs that were granted February 16, 2023.
  • [F10]Represents weighted average sale price. These shares were sold in multiple transactions at prices ranging from $305.16 - $305.60. 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.
  • [F11]The stock appreciation rights became exercisable in three equal annual installments beginning on the first anniversary of the February 11, 2021 grant date.
  • [F12]The stock options became exercisable in three equal annual installments beginning on the first anniversary of the February 16, 2023 grant date.
  • [F13]The stock options became exercisable in three equal annual installments beginning on the first anniversary of the March 1, 2024 grant date.
  • [F2]Represents weighted average sale price. These shares were sold in multiple transactions at prices ranging from $304.14 - $305.13. 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.
  • [F3]Represents weighted average sale price. These shares were sold in multiple transactions at prices ranging from $305.15 - $306.12. 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.
  • [F4]Represents weighted average sale price. These shares were sold in multiple transactions at prices ranging from $306.15 - $306.45. 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.
  • [F5]Represents weighted average sale price. These shares were sold in multiple transactions at prices ranging from $303.82 - $304.77. 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.
  • [F6]Represents weighted average sale price. These shares were sold in multiple transactions at prices ranging from $304.82 - $304.83. 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.
  • [F7]Represents weighted average sale price. These shares were sold in multiple transactions at prices ranging from $299.87 - $300.14. 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.
  • [F8]Represents weighted average sale price. These shares were sold in multiple transactions at prices ranging from $301.03 - $302.00. 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.
  • [F9]Represents weighted average sale price. These shares were sold in multiple transactions at prices ranging from $302.10 - $302.65. 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.
Signature
/s/ Michele Nelson, as Attorney-in-Fact|2026-02-18

Documents

1 file
  • 4
    ownership.xmlPrimary

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