Cooney Anne M 4
4 · WESCO INTERNATIONAL INC · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
WESCO (WCC) Director Anne M. Cooney Receives Stock Awards
What Happened
Anne M. Cooney, a WESCO International, Inc. (WCC) director, received awards on March 31, 2026. The filing shows two grant entries: 6.84 dividend equivalent rights (DERs) reported at $0.00 and 28.552 deferred share units (DSUs) valued at $273.62 each, totaling about $7,812. These were grants/awards (transaction code A), not open-market purchases or sales.
Key Details
- Transaction date: 2026-03-31 (reported on Form 4 filed 2026-04-02). Filing appears timely.
- Grants reported:
- 6.84 DERs @ $0.00 — value reported as $0 (footnote F1 explains these are dividend equivalents on RSUs).
- 28.552 DSUs @ $273.62 each — total reported value ~$7,812 (footnote F2 explains DSUs are deferred compensation units).
- Shares/units owned after the transaction: not specified in the provided filing excerpt.
- Transaction code: A (award/grant). No 10b5-1 plan, tax withholding, or late-filing indication in the provided data.
Context
DERs are dividend-equivalent credits tied to underlying restricted stock units and vest on the same schedule as those RSUs. DSUs are deferred share units credited under the company’s non-employee director deferred compensation plan and are paid out according to the director’s election (commonly in shares at a later date). These awards reflect director compensation rather than an open-market investment decision.
Insider Transaction Report
- Award
Common Stock
[F1]2026-03-31+6.84→ 6,264.122 total - Award
Common Stock
[F2]2026-03-31$273.62/sh+28.552$7,812→ 6,292.674 total
Footnotes (2)
- [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.
- [F2]Represents deferred share units ("DSUs") credited to the Reporting Person's deferred compensation account pursuant to the Issuer's Deferred Compensation Plan for Non-Employee Directors (the "Plan"). Each DSU is the economic equivalent of one share of Issuer's common stock and is eligible for distribution in the form of Issuer's common stock based on the schedule elected by the Reporting Person in accordance with the Plan.