Singleton James Louis 4
Research Summary
AI-generated summary
Wesco (WCC) Director James L. Singleton Receives Award of 27.951 Shares
What Happened
James L. Singleton, a director of Wesco International, received an award of 27.951 shares on 2026-06-30. The filing reports these as dividend-equivalent rights (DERs) tied to restricted stock units (RSUs); the acquisition price is $0 (i.e., no cash paid). This is an award/grant (not an open-market purchase or sale).
Key Details
- Transaction date: 2026-06-30; Form 4 filed 2026-07-02 (within the typical Form 4 reporting window).
- Transaction type/code: A (Grant/award or other acquisition).
- Shares reported: 27.951 shares acquired at $0.00 per share (total reported acquisition value $0).
- Shares owned after transaction: not specified in the supplied filing excerpt.
- Footnote: The shares are dividend-equivalent rights (DERs) that are the economic equivalent of one share each and vest on the same schedule as the underlying RSUs (see footnote F1).
Context
DERs are compensation-related adjustments that track dividends on underlying RSUs and do not require an outlay of cash. Such awards are routine director compensation/adjustments and do not by themselves indicate a buy or sell signal from the insider.