WESCO INTERNATIONAL INC·4

Jul 2, 4:32 PM ET

Carter Michael Lonon 4

Research Summary

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WESCO (WCC) Director Carter Lonon Receives 0.956-Share Award

What Happened

  • Carter Michael Lonon, a director of WESCO International, was credited with 0.956 shares on June 30, 2026 as an award (code A). The shares were recorded at $0.00 (no cash payment). This award represents dividend-equivalent rights (DERs) related to RSUs the director holds.

Key Details

  • Transaction date: 2026-06-30; filing date: 2026-07-02 (filed within the typical two-business-day Form 4 window).
  • Transaction type/code: Award (A) — 0.956 shares acquired at $0.00; total acquisition value $0.
  • Footnote: These are dividend-equivalent rights (DERs) that are the economic equivalent of one share and vest on the same schedule as the underlying restricted stock units (RSUs).
  • Shares owned after transaction: Not specified in the provided filing excerpt.
  • No 10b5-1 plan, tax-withholding, or sale noted in this report.

Context

  • Dividend-equivalent rights are routine adjustments that credit additional share-equivalent value tied to existing equity awards; they are not an open-market purchase or sale. Such awards are generally part of compensation or dividend tracking on RSUs and do not necessarily signal a change in an insider’s view of the company.