Thompson Laura K 4
Research Summary
AI-generated summary
Wesco (WCC) Director Laura K. Thompson Receives Award
What Happened
- Laura K. Thompson, a director of Wesco International, was granted/credited 3.118 dividend-equivalent shares (DERs) on 2026-03-31. The filing reports an acquisition at $0.00 (no cash purchase). These DERs are tied to restricted stock units (RSUs) and represent the economic equivalent of 3.118 shares.
Key Details
- Transaction date and price: 2026-03-31, 3.118 shares @ $0.00 (reported value $0).
- Shares owned after transaction: Not specified in the filing.
- Footnote: F1 — these are dividend equivalent rights accrued on RSUs; each DER equals one share and vests on the same schedule as the underlying award.
- Filing timeliness: Form 4 was filed 2026-04-02; this appears to be timely (within the normal reporting window).
Context
- DERs are compensation-related credits that mirror dividends on RSUs and typically vest according to the underlying award schedule; they are not an open-market purchase or sale. Such grants are routine parts of executive/director compensation and should be viewed as administrative award activity rather than a direct buy or sell signal.