Carter Michael Lonon 4

What Happened
Carter Michael Lonon, a director of WESCO International, was credited with 1.204 shares as an award/acquisition on March 31, 2026. The Form 4 reports the shares were acquired at $0.00 (total reported value $0), reflecting dividend-equivalent rights credited in connection with his restricted stock units (RSUs) rather than an open-market purchase or sale.

Key Details

• Transaction date and type: 2026-03-31 — Grant/Award (code A).
• Price reported: $0.00 per share; total reported consideration: $0.
• Shares reported: 1.204 shares acquired.
• Shares owned after transaction: not disclosed in the filing.
• Footnote: These are dividend equivalent rights (DERs) accrued on RSUs; each DER equals the economic value of one share and vests on the same schedule as the underlying RSUs.
• Filing timeliness: Form filed 2026-04-02, within the typical Form 4 reporting window for a 2026-03-31 transaction.

Context
Dividend-equivalent rights (DERs) are payments (here credited as fractional share equivalents) tied to dividends on underlying RSUs; they are administrative/compensation credits and do not represent an open-market trade or a sale. Such awards are routine compensation-related issuances and should be interpreted as part of equity compensation, not an independent buy or sell signal.