Thompson Laura K 4

What Happened

• Laura K. Thompson, a director of WESCO International, received an award of 2.474 dividend-equivalent rights (DERs) on June 30, 2026. The filing reports an acquisition price of $0.00 for these DERs (transaction code A — award/grant). These DERs are the economic equivalent of 2.474 shares and are associated with restricted stock units (RSUs) already held by the reporting person.

Key Details

• Transaction date: 2026-06-30; Filing date: 2026-07-02.
• Shares/units granted: 2.474 DERs; reported acquisition price: $0.00.
• Shares owned after transaction: Not disclosed in the provided excerpt of the filing.
• Footnote: The DERs represent dividend equivalents accrued on underlying RSUs and vest on the same schedule as those RSUs.
• Filing timeliness: No late-filing flag shown in the excerpt (filed within the typical Form 4 reporting window).

Context

• Dividend-equivalent rights (DERs) are bookkeeping credits that mirror dividends on underlying RSUs; they typically convert to stock or cash when the underlying awards vest and do not reflect an open-market purchase or sale.
• Such small, fractional DER accruals are common and stem from dividend payments on outstanding equity awards rather than a discretionary purchase or sale by the insider.