Marino Anthony S 4
Research Summary
AI-generated summary
Wesco (WCC) EVP Anthony Marino Receives 3,356 RSU Award
What Happened
- Anthony S. Marino, EVP & Chief Human Resources Officer of Wesco International (WCC), received awards totaling 3,356 shares on July 23, 2026. The filing shows 1,021 shares and 2,335 derivative shares were acquired at $0.00 (total cash paid $0).
- These are awards (transaction code A) rather than open-market purchases or sales, so they represent compensation/long-term incentive rather than a market bet.
Key Details
- Transaction date: July 23, 2026; Form 4 filed July 27, 2026 (filed within required business-day window).
- Consideration: $0.00 per share; total immediate cash outlay $0.
- Shares reported: 1,021 shares (award) and 2,335 derivative shares (total 3,356).
- Footnote F1: The grant represents RSUs (each RSU = contingent right to one share); RSUs vest in three equal installments beginning on the first anniversary of the grant.
- Footnote F2: Describes typical stock-option vesting terms (becomes exercisable in three equal annual installments), but no option exercise is reported in this filing.
- Shares owned following the transaction: not specified in the provided filing summary.
Context
- These awards are compensation-based Restricted Stock Units (RSUs). "Derivative" in the filing indicates a contingent right to receive shares in the future (vested RSUs convert to stock), not an immediate sale or purchase.
- Grants like this are routine executive compensation and do not, by themselves, indicate the insider is buying or selling shares for investment reasons.