WAJSGRAS DAVID C 4
4 · WESCO INTERNATIONAL INC · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
WESCO (WCC) Director David C. Wajsgras Receives Stock Award
What Happened
Director David C. Wajsgras was granted stock-based awards on March 31, 2026. The filing shows two award items: 114.209 shares valued at $273.62 each (total value $31,250) and 1.204 dividend-equivalent units reported at $0.00. These are not open-market purchases or sales but awards/credits tied to the company’s director compensation and dividend programs.
Key Details
- Transaction date: 2026-03-31; Form 4 filed 2026-04-02 (timely filing).
- Awards: 114.209 shares @ $273.62 = $31,250; plus 1.204 dividend-equivalent units @ $0.00. Total units received = 115.413.
- Shares owned after transaction: not specified in the provided excerpt of the filing.
- Footnotes:
- F1: The 1.204 units are Dividend Equivalent Rights (DERs) tied to underlying RSUs; each DER equals one share economically and vests with the RSUs.
- F2: Deferred Share Units (DSUs) are credited under the non-employee director deferred compensation plan and are payable in stock per the director’s election.
- Transaction code: A = Award/Grant (compensation), not a market trade.
Context
These awards are routine director compensation and dividend-equivalent credits rather than a purchase indicating personal bullishness. DERs and DSUs are derivative-like credits (economic equivalents to shares) with vesting or distribution schedules; they do not represent immediate open-market buying or selling.
Insider Transaction Report
- Award
Common Stock
[F1]2026-03-31+1.204→ 660.204 total - Award
Common Stock
[F2]2026-03-31$273.62/sh+114.209$31,250→ 774.413 total
Footnotes (2)
- [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.
- [F2]Represents deferred share units ("DSUs") credited to the Reporting Person's deferred compensation account pursuant to the Issuer's Deferred Compensation Plan for Non-Employee Directors (the "Plan"). Each DSU is the economic equivalent of one share of Issuer's common stock and is eligible for distribution in the form of Issuer's common stock based on the schedule elected by the Reporting Person in accordance with the Plan.