Form 4: Wesco International Director Steven A. Raymund Reports Stock Transactions

Director Steven A. Raymund reports acquisition and disposal of Wesco International Inc. common stock due to dividend equivalent rights.

Summary

• On March 31, 2025, Steven A. Raymund, a director of Wesco International Inc., reported transactions involving the company's common stock.
• Raymund acquired 71.9078 shares of common stock through dividend equivalent rights (DERs) at a price of $0.
• Raymund also disposed of 28,209.3127 shares of common stock.
• Following these transactions, Raymund's total beneficial ownership of Wesco International Inc. common stock is 28,209.3127 shares.
• The dividend equivalent rights are associated with restricted stock units (RSUs) held by Raymund and vest on the same schedule as the underlying award.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment, as it's simply a report of activity.

Positives

• The acquisition of shares through dividend equivalent rights indicates that the director is receiving value from their existing holdings of restricted stock units.

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 executive compensation packages.

Stakeholder Impact

• The transactions reported in the Form 4 filing provide transparency to shareholders regarding the trading activity of company insiders.

Key Dates

Keywords

Wesco International Inc., Steven A. Raymund, Form 4, Director, Common Stock, Dividend Equivalent Rights, Restricted Stock Units, Beneficial Ownership, Transactions