Form 4: Wesco International EVP & CHRO Christine Ann Wolf Reports Acquisition of Common Stock Through Dividend Equivalent Rights

Sentiment:

SEC Form 4 Filing


Christine Ann Wolf, EVP & CHRO of Wesco International, reports the acquisition of common stock through dividend equivalent rights.

Summary

  • On March 31, 2025, Christine Ann Wolf, the EVP & CHRO of Wesco International Inc., acquired 9.164 shares of common stock.
  • This acquisition was a result of dividend equivalent rights (DERs) accrued on restricted stock units (RSUs) held by Wolf.
  • Each DER is economically equivalent to one share of Wesco International's common stock and vests on the same schedule as the underlying award.
  • Following the transaction, Wolf beneficially owns 33,286.5742 shares of Wesco International common stock.

Sentiment

Score: 5

Explanation: This is a routine filing related to executive compensation and doesn't indicate any significant positive or negative sentiment.

Industry Context

Form 4 filings are standard practice for corporate insiders and provide transparency into their transactions in company stock. This filing indicates that Christine Ann Wolf, a key executive at Wesco International, received shares through dividend equivalent rights, which is a common form of compensation.

Stakeholder Impact

  • The transaction has a minor positive impact on shareholders as it aligns executive interests with company performance through equity-based compensation.

Key Dates

DateDescription
03/31/2025Date of transaction: Acquisition of common stock through dividend equivalent rights.
04/02/2025Date of signature on the Form 4 filing.

Keywords

Wesco International, Christine Ann Wolf, EVP & CHRO, Form 4, Dividend Equivalent Rights, Common Stock, Beneficial Ownership, RSUs

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