ESPE MATTHEW J 4

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).