NAGARAJAN SUNDARAM 4

What Happened

• Nagarajan Sundaram, a non‑employee director of WESCO International, was granted award units on 2026-06-30. The filing shows: 10.471 units reported at $0.00 (DERs tied to restricted stock units) and 22.617 units reported at $345.43 each, valued at $7,813 (deferred share units). Both items are coded as "A" (award/grant) — compensation, not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-06-30; Form 4 filed: 2026-07-02 (within the typical two-business-day reporting window).
• Awards: 10.471 DERs @ $0.00 (reported value $0) and 22.617 DSUs @ $345.43 (total reported $7,813).
• Shares owned after transaction: not specified in the filing.
• Footnotes in the filing:
  • F1: DERs = dividend equivalent rights tied to RSUs; each DER equals one share economically and vests with the underlying award.
  • F2: DSUs = deferred share units credited under the non‑employee director deferred compensation plan; each DSU equals one share economically and is paid out per the director’s elected schedule.
• Transaction code: A = Award/Grant (compensation-related).

Context

• These awards are compensation-related (DERs/DSUs) for a director and are typically routine; they differ from cash purchases/sales and don’t necessarily indicate a trading view. DERs provide dividend equivalents on RSUs; DSUs defer receipt of shares under a director compensation plan and are paid out later per the plan schedule.