Form 4: Wesco International Director Nagarajan Sundaram Reports Transactions in Company Stock
SEC Form 4
Director Nagarajan Sundaram reported the acquisition and disposal of Wesco International Inc. common stock related to dividend equivalent rights and deferred share units.
Summary
- On June 28, 2024, Nagarajan Sundaram, a director of Wesco International Inc., reported transactions involving the company's common stock.
- Sundaram acquired 10.9756 shares of common stock through dividend equivalent rights (DERs) at a price of $0.
- He also acquired 197.136 shares of common stock through deferred share units (DSUs) at a price of $158.52.
- Following these transactions, Sundaram beneficially owns 4,425.932 shares of Wesco International Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to the market regarding the actions of company leadership.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they involve a small number of shares related to director compensation.
Key Dates
| Date | Description |
|---|---|
| 06/28/2024 | Date of transactions involving common stock, DERs, and DSUs. |
| 07/02/2024 | Date of signature by Attorney-in-Fact. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.