ENGEL JOHN 4

What Happened

• John Engel, Chairman, President & CEO of WESCO International (WCC), was credited with 31.365 shares on June 30, 2026. The Form 4 reports this as an award/acquisition (code A) at $0.00 per share, total reported value $0. This entry reflects dividend-equivalent rights (DERs) related to restricted stock units (RSUs), not an open-market purchase.

Key Details

• Transaction date: 2026-06-30; Form 4 filed: 2026-07-02 (appears timely).
• Transaction type/code: Award/Acquisition (A).
• Shares reported acquired: 31.365; reported price per share: $0.00; total reported value: $0.
• Shares owned after transaction: not specified in the filing provided.
• Footnote: The 31.365 shares represent dividend-equivalent rights (DERs) accrued to RSUs held by the reporting person. Each DER is the economic equivalent of one share and vests on the same schedule as the underlying RSUs (see footnote F1).

Context

• This was an accrual of dividend-equivalent units tied to existing RSUs, not a market purchase or sale. Such DER awards are routine corporate compensation adjustments and do not by themselves indicate a buy/sell signal.