Khurana Akash 4
Research Summary
AI-generated summary
Wesco (WCC) EVP Akash Khurana Receives Award
What Happened
- Akash Khurana, Executive Vice President & Chief Information & Digital Officer of Wesco International (WCC), was credited with 34.785 shares as an award (derivative acquisition) on 2026-03-31. The transaction shows an acquisition price of $0.00 (a grant of dividend-equivalent rights tied to RSUs), reported on a Form 4 filed 2026-04-02.
Key Details
- Transaction date and price: 2026-03-31; 34.785 shares @ $0.00 (grant/award).
- Report filed: Form 4 filed 2026-04-02 (no late-filing flag indicated in the filing).
- Shares owned after transaction: Not specified in the publicly reported Form 4.
- Footnote: The award represents dividend equivalent rights (DERs) accrued to RSUs held by the reporting person; each DER equals the economic equivalent of one share and vests on the same schedule as the underlying RSUs.
Context
- This was an award of dividend-equivalent rights tied to existing restricted stock units, not an open-market purchase or sale. Such awards are a routine component of executive compensation and reflect accruals related to RSUs rather than a direct cash investment or disposal by the insider.