Cooney Anne M 4
Research Summary
AI-generated summary
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.