BRYAN GLYNIS 4
Research Summary
AI-generated summary
WESCO (WCC) Director Bryan Glynis Receives Award
What Happened
Bryan Glynis, a director of WESCO International, was credited with 5.963 dividend-equivalent rights (DERs) on 2026-06-30. The Form 4 reports the acquisition as 5.963 shares at a reported price of $0.00 (total $0 on the filing). This is an award/accrual tied to existing restricted stock units (RSUs), not an open‑market purchase or sale.
Key Details
- Transaction date: 2026-06-30; Transaction type: Award/Acquisition (code A)
- Shares acquired: 5.963 DERs; Reported price per share: $0.00 (filing shows $0 total)
- Shares owned after the transaction: Not specified in the provided filing details
- Footnote: These are dividend equivalent rights (DERs) that accrued on RSUs held by the reporting person; each DER equals the economic equivalent of one share and vests on the same schedule as the underlying RSUs (Footnote F1).
- Filing timeliness: No late filing indicated in the provided data.
Context
DERs are routine dividend-equivalent accruals tied to RSUs and reflect non-cash compensation or dividend tracking, not a market purchase or sale. Such awards are common for directors and do not necessarily signal a change in insider sentiment; purchases are typically more informative for trading signals.