Form 4: Wesco International EVP & CHRO Christine Ann Wolf Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Christine Ann Wolf, EVP & CHRO of Wesco International, reports acquisition and disposal of common stock due to dividend equivalent rights.
Summary
- On March 29, 2024, Christine Ann Wolf, the EVP & CHRO of Wesco International, reported changes in beneficial ownership of the company's common stock.
- Wolf acquired 7.8551 shares of common stock through dividend equivalent rights (DERs) at $0.
- Wolf disposed of 34,789.8342 shares of common stock.
- Following the reported transactions, Wolf beneficially owns 34,789.8342 shares of Wesco International common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing changes in beneficial ownership, with no inherent positive or negative sentiment.
Positives
- The acquisition of shares through dividend equivalent rights indicates that the executive is receiving dividends on their restricted stock units, which is a form of compensation.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into the trading activities of company insiders.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the stock ownership of a key executive.
Key Dates
| Date | Description |
|---|---|
| 03/29/2024 | Date of transaction: acquisition and disposal of common stock. |
| 04/02/2024 | Date of signature for the report. |
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