Dev Indraneel 4
Research Summary
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Wesco CFO Dev Indraneel Receives Award of 24.387 Shares
What Happened Dev Indraneel, Executive Vice President and Chief Financial Officer of Wesco International (WCC), was credited with 24.387 shares on 2026-06-30 as an award/acquisition (transaction code A). The filing shows a $0.00 acquisition price — this reflects a non-cash grant of dividend equivalent rights (DERs) rather than an open-market purchase or sale.
Key Details
- Transaction date and type: 2026-06-30 — Award/Grant (code A)
- Shares acquired: 24.387; Price reported: $0.00 (non-cash)
- Filing date: 2026-07-02 (reported on SEC Form 4) — appears timely based on the filing date provided
- Footnote: F1 — These are dividend equivalent rights (DERs) accrued to the Reporting Person on RSUs. Each DER equals the economic equivalent of one share and vests on the same schedule as the underlying RSUs.
- Shares owned after transaction: Not specified in the data provided
Context Dividend equivalent rights are a routine, non-cash component of equity compensation that track dividends on restricted stock units and vest according to the underlying award schedule. Such DER credits do not indicate an outright market purchase or sale by the insider and are generally compensation-related rather than a direct signal of trading intent.