RAYMUND STEVEN A 4
Research Summary
AI-generated summary
WESCO (WCC) Director Raymund Steven A Receives Stock Awards
What Happened
- Raymund Steven A, a director of WESCO International (WCC), received awards on 2026-03-31 totaling 158.905 stock-equivalent units. The grant consisted of 44.696 dividend equivalent rights (DERs) tied to restricted stock units and 114.209 deferred share units (DSUs) valued at $273.62 each for a total reported value of $31,250. These are awards (transaction code A), not open-market purchases or sales.
Key Details
- Transaction date: 2026-03-31; Form 4 filed: 2026-04-02 (filed within the typical 2-business-day window).
- Items reported:
- 44.696 DERs @ $0.00 (DERs represent dividend equivalents on RSUs)
- 114.209 DSUs @ $273.62 = $31,250 (deferred share units credited to the director’s deferred compensation account)
- Shares owned after transaction: not specified in the filing.
- Footnotes:
- F1: DERs accrue on RSUs and vest on the same schedule as the underlying awards.
- F2: DSUs are credited under the non-employee directors’ deferred compensation plan and are economic equivalents of common shares, payable under the elected distribution schedule.
Context
- DERs and DSUs are common director compensation elements—DERs mirror dividends on RSUs and DSUs defer receipt of shares until a later distribution date. These awards do not reflect an open-market purchase or sale and are typically part of routine compensation for non-employee directors.