Form 4: Wesco International EVP & CHRO Christine Ann Wolf Reports Changes in Beneficial Ownership
SEC Form 4
Christine Ann Wolf, EVP & CHRO of Wesco International, reports acquisition and disposal of common stock due to dividend equivalent rights on restricted stock units.
Summary
- On December 31, 2024, Christine Ann Wolf, EVP & CHRO of Wesco International, reported changes in beneficial ownership of the company's common stock.
- Wolf acquired 7.0185 shares of common stock at $0 due to dividend equivalent rights (DERs) on restricted stock units (RSUs).
- Wolf disposed of 30,271.4102 shares of common stock.
- The DERs are economically equivalent to one share of Wesco's common stock and vest on the same schedule as the underlying award.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing changes in beneficial ownership, which carries a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in ownership, but it is unlikely to be significant.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of transaction involving common stock. |
| 01/03/2025 | Date of signature on the report. |
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