Form 4: Wesco International Director Anne M. Cooney Reports Stock Transactions
SEC Form 4 Filing
Director Anne M. Cooney reports acquisition and disposal of Wesco International Inc. common stock related to restricted stock units.
Summary
- On March 1, 2025, Director Anne M. Cooney engaged in transactions involving Wesco International Inc. common stock.
- Cooney disposed of 4 shares at a price of $180.47 related to tax withholding on vesting restricted stock units.
- Cooney also acquired 1,025 shares through a grant of restricted stock units (RSUs).
- Following these transactions, Cooney beneficially owns 5,409.1788 shares of Wesco International Inc. common stock.
- The RSUs vest in full on the first anniversary of the grant date, March 1, 2024.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive. The transactions are routine and expected as part of executive compensation. The acquisition of shares through RSUs suggests confidence in the company's future.
Positives
- The acquisition of 1,025 shares through RSUs indicates confidence in the company's future performance.
Future Outlook
The RSUs vest in full on the first anniversary of the grant date, March 1, 2024, suggesting a continued alignment of the director's interests with the company's performance.
Industry Context
Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities. They provide insights into the actions of company directors and officers regarding their company's stock.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of grant for the restricted stock units (RSUs). |
| 03/01/2025 | Date of the reported transactions: disposal of shares for tax withholding and acquisition of shares through RSU grant. |
| 03/04/2025 | Date of signature for the Form 4 filing. |
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