Khurana Akash 4
Research Summary
AI-generated summary
WESCO (WCC) EVP Akash Khurana Receives 28.537-Share Award
What Happened
- Akash Khurana, EVP & Chief Information & Digital Officer of WESCO INTERNATIONAL INC (WCC), was credited with an award of 28.537 shares on 2026-06-30. The shares were recorded at $0.00 (total reported value $0.00). This transaction is an award/credit (not a purchase or sale).
Key Details
- Transaction date: 2026-06-30; Form 4 filed: 2026-07-02.
- Transaction type/code: A — Grant/award or other acquisition.
- Shares credited: 28.537; reported price per share: $0.00; reported total value: $0.00.
- Shares owned after transaction: not disclosed in the filing.
- Footnote: F1 — These are dividend equivalent rights (DERs) credited in connection with the issuer’s quarterly dividend and accrued to restricted stock units (RSUs) held by the reporting person; each DER equals the economic value of one share and vests on the same schedule as the underlying RSUs.
- Filing timeliness: no late filing flag shown in the report.
Context
- This transaction reflects dividend-equivalent credits tied to existing RSUs (a compensation-related credit), not an open-market buy or sale. DERs simply mirror dividends on RSUs and vest with the underlying awards, so they do not necessarily signal a trading decision by the insider.