Form 4: Wesco International Director Glyn Bryan Reports Stock Transactions

Director Glyn Bryan reported acquiring and disposing of Wesco International (WCC) common stock due to dividend equivalent rights and deferred share units.

Summary

• On June 28, 2024, Glyn Bryan, a director of Wesco International, reported transactions involving the company's common stock.
• Bryan acquired 4.75 shares of common stock at $0 due to dividend equivalent rights (DERs) related to restricted stock units (RSUs).
• Bryan also acquired 197.136 shares at $158.52 due to deferred share units (DSUs) credited to their deferred compensation account.
• Following these transactions, Bryan directly owns 2,027.2848 shares of Wesco International common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting stock transactions by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about ownership changes.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It's a standard practice for directors and officers to report changes in their beneficial ownership of company stock.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they represent routine compensation-related stock acquisitions.

Key Dates