Form 4: WESCO EVP Cameron Reports Stock Grants, Tax Withholding

WESCO International's EVP & GM, James Cameron, disclosed recent equity transactions including restricted stock unit grants and tax-related share dispositions.

Summary

• James Cameron, EVP & GM, Util & Broadband at WESCO INTERNATIONAL INC (WCC), reported transactions on March 1 and March 2, 2026.
• On March 1, 2026, Cameron disposed of 707.0066 shares of common stock at a price of $289.5 per share. This disposition was for tax withholding purposes related to the vesting of restricted stock units (RSUs) granted on March 1, 2024, and March 1, 2025.
• On March 2, 2026, Cameron acquired 1,606 shares of common stock through a grant of RSUs at a price of $0. These RSUs will vest in three equal annual installments, beginning on the first anniversary of the grant date.
• Also on March 2, 2026, Cameron acquired 3,827 stock options at a price of $0, with an exercise price of $295.84. These stock options become exercisable in three equal annual installments, starting on the first anniversary of the grant date, and expire on March 2, 2036.
• Following these transactions, Cameron beneficially owns 46,401.7389 shares of common stock and 3,827 stock options directly.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this filing as moderately positive. While there was a disposition of shares for tax purposes, it was offset by new grants of RSUs and stock options, indicating continued executive incentive alignment and commitment to the company's long-term performance.

Positives

• Grant of 1,606 Restricted Stock Units (RSUs) on March 2, 2026, increasing potential future ownership.
• Grant of 3,827 Stock Options on March 2, 2026, providing long-term incentive and potential for future gains.

Negatives

• Disposition of 707.0066 shares of common stock on March 1, 2026, for tax withholding purposes, reducing direct share count.

Industry Context

StockSavvy.ai notes that executive equity grants, such as Restricted Stock Units and stock options, are standard components of compensation packages across various industries, including the distribution and supply chain sector where WESCO operates. These grants are designed to align executive interests with long-term shareholder value creation.

Related Party Transactions

• The reported transactions involve an executive officer of WESCO INTERNATIONAL INC acquiring and disposing of company securities, which are inherently related-party transactions under SEC rules for insider reporting.

Stakeholder Impact

• Shareholders: The grants of RSUs and stock options align executive incentives with shareholder interests, potentially encouraging long-term value creation. The tax-related disposition is a routine event and has minimal impact.
• Employees: No direct impact on general employees.
• Customers: No direct impact.
• Suppliers: No direct impact.
• Creditors: No direct impact.

Next Steps

• The granted Restricted Stock Units (RSUs) will vest in three equal annual installments beginning on the first anniversary of the March 2, 2026 grant date.
• The granted Stock Options will become exercisable in three equal annual installments beginning on the first anniversary of the March 2, 2026 grant date.

Key Dates

Recommendation

This Form 4 filing details routine executive compensation activities, including new equity grants and tax-related share dispositions. It does not provide new information regarding the company's operational performance, financial health, or strategic direction that would warrant a change in investment thesis. Therefore, a 'hold' recommendation is appropriate, maintaining current positions based on broader company fundamentals rather than these specific insider transactions.

Keywords

WESCO INTERNATIONAL INC, WCC, Form 4, Insider Trading, Stock Grant, Restricted Stock Units, Stock Options, Executive Compensation, James Cameron, Equity Compensation, Tax Withholding