Form 4: Wesco International Director James Louis Singleton Reports Acquisition and Disposal of Common Stock

Director James Louis Singleton reports changes in beneficial ownership of Wesco International Inc. common stock due to dividend equivalent rights and disposal.

Summary

• On June 28, 2024, James Louis Singleton, a director of Wesco International Inc., reported acquiring 44.9924 shares of common stock due to dividend equivalent rights (DERs) at a price of $0.
• Singleton also reported disposing of 44.9924 shares of common stock on the same date.
• Following these transactions, Singleton beneficially owns 39,170.1444 shares of Wesco International Inc. common stock.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing reflects routine transactions related to dividend equivalent rights and does not indicate any significant positive or negative developments.

Positives

• The acquisition of shares through dividend equivalent rights indicates a continued investment in the company by the director.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates activity related to dividend equivalent rights, which are common in equity compensation plans.

Stakeholder Impact

• The transactions have a minimal impact on stakeholders as they relate to routine adjustments in share ownership due to dividend equivalent rights.

Key Dates