WESCO INTERNATIONAL INC·4

Jul 2, 4:23 PM ET

Castillo Daniel J 4

Research Summary

AI-generated summary

Updated

WESCO (WCC) EVP Daniel J. Castillo Receives Award of 20.156 Shares

What Happened

  • Daniel J. Castillo, Executive Vice President & GM, EES at WESCO International (WCC), was granted 20.156 shares as an award (reported as code A) on 2026-06-30. The award was recorded at $0.00 purchase price (no cash exchanged), so the Form 4 shows $0 total consideration. This was an award of dividend-equivalent rights tied to existing restricted stock units (RSUs), not an open-market purchase or sale.

Key Details

  • Transaction date: 2026-06-30; Filing date: 2026-07-02 (appears timely under the 2-business-day Form 4 rule).
  • Transaction type/code: Award (A).
  • Shares granted: 20.156; Reported price: $0.00; Reported consideration: $0.
  • Shares owned after transaction: not disclosed in the provided data.
  • Footnote: F1 — these are dividend equivalent rights (DERs) accrued to RSUs; each DER equals one share and vests on the same schedule as the underlying award.

Context

  • DERs are compensation-related credits that mirror dividends on shares underlying RSUs and typically convert or are paid out according to the RSU vesting schedule. Because this is a grant/award (not a purchase or sale), it should be viewed as routine compensation reporting rather than a direct bullish or bearish trading signal.