WESCO (WCC) EVP Diane Lazzaris Receives Award of 5.433 Shares

What Happened

• Diane Lazzaris, EVP and General Counsel of WESCO International (WCC), was credited with 5.433 shares as an award on 2026-03-31. The Form 4 shows an acquisition (transaction code A) at $0.00, resulting in no cash outlay or reported purchase value.
• The filing indicates these are dividend equivalent rights (DERs) related to restricted stock units (RSUs), not an open-market purchase or sale. The reported dollar amount for the transaction is $0.

Key Details

• Transaction date: 2026-03-31; Filing date: 2026-04-02 (Form 4 accession 0001193125-26-140591).
• Transaction type/code: Award/Grant (A); price per share reported $0.00.
• Shares acquired: 5.433 DERs (dividend equivalent rights).
• Shares owned after transaction: not disclosed in the filing.
• Footnote (F1): These DERs represent the economic equivalent of one share each, were credited in connection with the issuer’s quarterly dividend, and vest on the same schedule as the underlying RSUs.
• No 10b5-1 plan, tax withholding, or late filing was reported in this Form 4.

Context

• DERs are compensation-related credits reflecting dividends on RSUs and typically convert to shares or cash upon vesting; they are routine and do not indicate a purchase-driven bullish signal. This is an award entry rather than an open-market trade, and the small amount suggests a routine accrual rather than a meaningful insider accumulation.