ESPE MATTHEW J 4
4 · WESCO INTERNATIONAL INC · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
WESCO Director Matthew Espe Receives 17.602-Share Award
What Happened Matthew J. Espe, a director of WESCO International, was credited with 17.602 shares on 2026-06-30 as an award/acquisition (code A) at $0.00 per share (total value $0). The filing indicates these units are dividend equivalent rights (DERs) associated with RSUs rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-30; filing date (Form 4): 2026-07-02 (appears timely).
- Transaction type/code: Grant/Award (A) — 17.602 shares acquired at $0.00 each (total $0).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnote: F1 — these are dividend equivalent rights (DERs) accrued on RSUs; each DER equals the economic value of one share and vests on the same schedule as the underlying RSUs.
- No indication of a 10b5-1 plan, tax-withholding share-for-share surrender, or an immediate sale.
Context DERs are a form of compensation that track the economic benefit of dividends on restricted stock units and vest later according to the RSU schedule. This type of award is routine compensation-related activity and is not the same as an insider buying shares on the open market (which some investors view as a stronger bullish signal).
Insider Transaction Report
- Award
Common Stock
[F1]2026-06-30+17.602→ 21,414.927 total
Footnotes (1)
- [F1]Represents dividend equivalent rights ("DERs") in connection with the Issuer's quarterly dividend and accrued to the Reporting Person on restricted stock units ("RSUs") held by the Reporting Person. Each DER is the economic equivalent of one share of Issuer's common stock and vests on the same schedule as the underlying award.