Kulasa Matthew S 4
Research Summary
AI-generated summary
WESCO SVP Matthew Kulasa Sells 80 Shares for Tax Withholding
What Happened
- Matthew S. Kulasa, SVP, Corporate Controller & CAO of WESCO International (WCC), had 80.377 shares disposed (withheld) to satisfy tax withholding on vested restricted stock units (RSUs). The shares were valued at $307.10 each for a total of approximately $24,684. This was recorded as a tax-withholding disposition (transaction code F), a routine administrative action rather than an open-market sale.
Key Details
- Transaction date: 2026-02-16
- Price per share: $307.10; Shares withheld/disposed: 80.377; Total value: ~$24,684
- Filing date (Form 4): 2026-02-18 — appears to be filed timely
- Footnote: F1 — withholding on RSUs granted February 16, 2023
- Shares owned after transaction: not specified in the provided filing
Context
- This was a tax-withholding event (often called a "sell-to-cover") tied to RSU vesting, not a discretionary sale of shares on the open market. Such withholdings are routine to satisfy payroll taxes and do not necessarily indicate the insider’s view on the company’s stock.