ENGEL JOHN 4
4 · WESCO INTERNATIONAL INC · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
WESCO (WCC) CEO John Engel Receives 38.657 Awarded Shares
What Happened
John Engel, Chairman, President & CEO of WESCO International, was credited with 38.657 shares on 2026-03-31 as an award (code A). The reported transaction shows an acquisition at $0.00 per share (total reported value $0), reflecting dividend-equivalent rights (DERs) rather than a cash purchase.
Key Details
- Transaction date: 2026-03-31; Form 4 filed: 2026-04-02 (timely filing).
- Transaction type/code: Award (A) — 38.657 shares acquired at $0.00 (total $0).
- Shares owned after transaction: not specified in the provided filing.
- Footnote: The award represents dividend-equivalent rights (DERs) credited on RSUs held by Engel; each DER equals the economic value of one share and vests on the same schedule as the underlying RSUs.
- No 10b5‑1 plan, tax-withholding sale, or sale reported in this filing.
Context
This is a non-cash award reflecting dividend equivalents on restricted stock units, commonly issued to executives and not the same as an open‑market purchase or sale. Such awards typically maintain the executive’s exposure to company stock as the underlying RSUs vest.
Insider Transaction Report
Form 4
ENGEL JOHN
Chairman, President & CEO
Transactions
- Award
Common Stock
[F1]2026-03-31+38.657→ 478,945.741 total
Footnotes (1)
- [F1]Represents dividend equivalent rights ("DERs") in connection with the Issuer's quarterly dividend and accrued to the Reporting Person on restricted stock units ("RSUs") held by the Reporting Person. Each DER is the economic equivalent of one share of Issuer's common stock and vests on the same schedule as the underlying award.
Signature
/s/ Michele Nelson, as Attorney-in-Fact|2026-04-02