ESPE MATTHEW J 4
4 · WESCO INTERNATIONAL INC · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
WESCO Director Matthew J. Espe Receives 22.181-Share Award
What Happened
- Matthew J. Espe, a director of WESCO International, received an award of 22.181 shares on March 31, 2026. The filing reports these as an award/acquisition (code A) at $0.00 per share (total reported value $0).
- These units are dividend equivalent rights (DERs) credited to his existing restricted stock units (RSUs), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-03-31; Form 4 filed: 2026-04-02 (no late-filing flag).
- Amount acquired: 22.181 shares; reported price: $0.00 (award/DERs).
- Shares owned after transaction: not disclosed in the excerpt of the filing.
- Footnote: The 22.181 units are DERs that are the economic equivalent of one share each and vest on the same schedule as the underlying RSUs.
Context
- DERs are adjustments that credit the holder with the economic value of dividends on RSUs; they typically convert to shares or cash on vesting per the award terms. This is a grant/accrual event (compensation-related), not a market buy or sell, and is routine for equity-compensated insiders.
Insider Transaction Report
Form 4
ESPE MATTHEW J
Director
Transactions
- Award
Common Stock
[F1]2026-03-31+22.181→ 21,397.326 total
Footnotes (1)
- [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.
Signature
/s/ Michele Nelson, as Attorney-in-Fact|2026-04-02