Form 4: Wesco International EVP & CFO David S. Schulz Reports Acquisition of Common Stock

David S. Schulz, EVP & CFO of Wesco International, reports acquiring common stock through dividend equivalent rights.

Summary

• On March 31, 2025, David S. Schulz, the EVP & CFO of Wesco International, acquired 18.7908 shares of common stock.
• The acquisition was through dividend equivalent rights (DERs) related to restricted stock units (RSUs).
• These DERs are economically equivalent to one share of Wesco's common stock and vest on the same schedule as the underlying award.
• Following the transaction, Schulz directly owns 110,360.4886 shares of common stock and 1,771 shares of Series A Preferred Stock.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction (acquisition of shares through dividend equivalent rights) by a key executive, suggesting a neutral to slightly positive sentiment due to alignment of interests.

Positives

• The acquisition of shares through dividend equivalent rights suggests a continued alignment of the executive's interests with those of the shareholders.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the EVP & CFO's continued investment in the company's stock.

Stakeholder Impact

• The transaction signals to shareholders that the EVP & CFO has a vested interest in the company's performance.

Key Dates

Keywords

Wesco International, David S. Schulz, EVP & CFO, Form 4, Beneficial Ownership, Common Stock, Dividend Equivalent Rights, Restricted Stock Units