ESPE MATTHEW J 4

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.