Naylor Dirk Waugh 4
Research Summary
AI-generated summary
WESCO (WCC) EVP Dirk Naylor Waugh Sells 62 Shares (Tax Withholding)
What Happened
- Dirk Naylor Waugh, EVP & GM, Commercial & Security Solutions at WESCO International (WCC), disposed of 62.321 shares on Feb 16, 2026. The shares were valued at $307.10 each, for a total of about $19,139. This disposition was recorded as tax withholding (transaction code F) related to the vesting of restricted stock units (RSUs).
Key Details
- Transaction date: 2026-02-16 (reported on Form 4 filed 2026-02-18)
- Price per share: $307.10; Shares disposed: 62.321; Gross value: $19,139
- Transaction code: F (tax withholding on vesting)
- Footnote: Represents tax withholding on RSUs granted February 16, 2023 (F1)
- Shares owned after transaction: Not provided in the excerpt
- Filing timeliness: Reported within two business days (timely filing)
Context
- This was a routine tax-withholding disposition tied to RSU vesting, not an open-market sale intended as a directional investment signal. Such transactions are common when companies permit shares to be withheld or sold to satisfy tax obligations on vested awards. Purchases or open-market buys generally carry more weight as indicators of insider sentiment.