Cooney Anne M 4
4 · WESCO INTERNATIONAL INC · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
Wesco (WCC) Director Anne Cooney Receives DSUs/DERs
What Happened
Anne M. Cooney, a non-employee director of WESCO INTERNATIONAL INC (WCC), received equity awards on June 30, 2026. She was credited 24.58 deferred share units (DSUs) valued at $345.43 each (total value $8,491) and 5.47 dividend-equivalent rights (DERs) shown at $0.00 for reporting purposes. These are award/acquisition entries (code A) on a Form 4 — they are compensation/deferred-equity credits, not open-market purchases or sales.
Key Details
- Transaction date: 2026-06-30; Form 4 filed: 2026-07-02 (filing appears timely).
- Items reported:
- 5.47 DERs at $0.00 (reported value $0) — footnote F1.
- 24.58 DSUs at $345.43 each (reported value $8,491) — footnote F2.
- Shares owned after the transaction: not specified in the provided filing details.
- Footnotes:
- F1: DERs = dividend equivalents tied to RSUs; each DER equals one share economically and vests with the underlying award.
- F2: DSUs = deferred share units credited under the director deferred compensation plan; each DSU equals one share economically and is paid out later per the director’s elected schedule.
- Nature of transaction: non-market award/deferred compensation (code A), not a buy/sell of stock.
Context
These credits are routine director compensation and represent deferred or dividend-equivalent equity, not an active directional trade in the market. DSUs generally reflect deferred pay and will convert to actual shares (or equivalent value) on the distribution schedule chosen by the director; DERs mirror dividends on outstanding RSUs and vest with those awards. Such awards are compensation disclosures and do not necessarily signal the insider’s view of the stock.
Insider Transaction Report
- Award
Common Stock
[F1]2026-06-30+5.47→ 6,298.144 total - Award
Common Stock
[F2]2026-06-30$345.43/sh+24.58$8,491→ 6,322.724 total
Footnotes (2)
- [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.
- [F2]Represents deferred share units ("DSUs") credited to the Reporting Person's deferred compensation account pursuant to the Issuer's Deferred Compensation Plan for Non-Employee Directors (the "Plan"). Each DSU is the economic equivalent of one share of Issuer's common stock and is eligible for distribution in the form of Issuer's common stock based on the schedule elected by the Reporting Person in accordance with the Plan.