Lazzaris Diane 4

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.