Naylor Dirk Waugh 4
Research Summary
AI-generated summary
WESCO (WCC) EVP Dirk Waugh Withholds 284 Shares for Taxes
What Happened Dirk W. Naylor, EVP & GM, Commercial & Security Solutions at WESCO International (WCC), received an award of 11.615 restricted stock units (code A) on 2026-06-30 and had 284.407 shares withheld (code F) to satisfy tax withholding obligations related to RSU vesting. The withheld shares were valued at $345.43 each, totaling $98,243. The 11.615 shares were recorded at $0.00 as the award/settlement value.
Key Details
- Transaction dates: 2026-06-30 (award and withholding); Form 4 filed 2026-07-02.
- Withheld shares: 284.407 shares disposed at $345.43 each, total ~$98,243 (tax withholding on RSU vesting).
- Awarded shares: 11.615 RSUs acquired at $0.00.
- Footnotes:
- F1: Dividend equivalent rights (DERs) accrued on RSUs; each DER equals one share and vests with the underlying award.
- F2: The withholding represents tax withholding on RSUs that were granted 06/30/2025.
- Filing timeliness: Form filed 2026-07-02; the filing shows no late-report indication.
Context This filing reflects routine equity compensation activity—an RSU award and the company withholding shares to cover taxes on vesting—not an open-market sale or purchase signaling a directional bet by the insider. For retail investors, tax-withholding dispositions are common when RSUs vest; the award (A) increases the insider’s compensation holdings while the withholding (F) reduces shares delivered to the insider to meet tax obligations.