Cameron James 4
Research Summary
AI-generated summary
Wesco (WCC) EVP Cameron James Receives 37.549-Share Award
What Happened
- Cameron James, Executive Vice President & GM, Utilities & Broadband at Wesco International (WCC), was granted 37.549 dividend-equivalent rights (DERs) on 2026-03-31. The reported acquisition price is $0.00, so the grant's cash cost to the reporting person is $0.
- These DERs are the economic equivalent of 37.549 shares and will vest on the same schedule as the underlying restricted stock units (RSUs) to which they relate.
Key Details
- Transaction date: 2026-03-31; filing date: 2026-04-02 (Form 4 accession 0001193125-26-140531).
- Amount acquired: 37.549 DERs at $0.00 per unit (total reported cash consideration $0).
- Shares owned after the transaction: not specified in the provided filing.
- Footnote: The award represents dividend equivalent rights tied to underlying RSUs; each DER equals one share and vests with the underlying award (per filing footnote).
- No indication in the filing of a 10b5-1 plan, tax withholding surrender, or late-filing flag in the information provided.
Context
- DERs are a non-cash, derivative-style credit that tracks dividend value; they do not reflect an open-market purchase or sale and simply mirror the economic value of shares tied to RSUs.
- Such awards are common compensation elements for executives and should be interpreted as a grant of future-value rights rather than a direct signal of buying or selling stock.