Lazzaris Diane 4
4 · WESCO INTERNATIONAL INC · Filed Feb 18, 2026
Research Summary
AI-generated summary of this filing
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
- Tax Payment
Common Stock
[F1]2026-02-16$307.10/sh−235.872$72,436→ 45,171.826 total - Sale
Common Stock
[F2]2026-02-17$304.64/sh−8,655$2,636,659→ 36,516.826 total - Sale
Common Stock
[F3]2026-02-17$305.51/sh−6,737$2,058,221→ 29,779.826 total - Sale
Common Stock
[F4]2026-02-17$306.23/sh−645$197,518→ 29,134.826 total - Exercise/Conversion
Common Stock
2026-02-17$76.80/sh+6,051$464,717→ 35,185.826 total - Disposition to Issuer
Common Stock
2026-02-17$300.92/sh−1,544$464,620→ 33,640.826 total - Tax Payment
Common Stock
2026-02-17$300.92/sh−1,960$589,803→ 31,680.826 total - Exercise/Conversion
Common Stock
2026-02-17$171.96/sh+3,324$571,595→ 32,458.826 total - Exercise/Conversion
Common Stock
2026-02-17$152.07/sh+1,329$202,101→ 33,787.826 total - Tax Payment
Common Stock
2026-02-17$303.64/sh−3,466$1,052,416→ 30,321.826 total - Sale
Common Stock
[F5]2026-02-17$304.22/sh−1,001$304,524→ 29,320.826 total - Sale
Common Stock
[F6]2026-02-17$304.82/sh−185$56,392→ 29,135.826 total - Sale
Common Stock
[F7]2026-02-17$300.07/sh−71$21,305→ 29,064.826 total - Sale
Common Stock
[F8]2026-02-18$301.50/sh−1,623$489,335→ 29,988.826 total - Sale
Common Stock
[F9]2026-02-18$302.18/sh−391$118,152→ 29,597.826 total - Sale
Common Stock
[F10]2026-02-18$305.28/sh−733$223,770→ 28,864.826 total - Exercise/Conversion
Stock Appreciation Rights
[F11]2026-02-17−6,051→ 0 totalExercise: $76.80Exp: 2031-02-11→ Common Stock (6,051 underlying) - Exercise/Conversion
Stock Options (Right to Buy)
[F12]2026-02-17−3,324→ 0 totalExercise: $171.96Exp: 2033-02-16→ Common Stock (3,324 underlying) - Exercise/Conversion
Stock Options (Right to Buy)
[F13]2026-02-17−1,329→ 2,661 totalExercise: $152.07Exp: 2034-03-01→ Common 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.