Form 4: Wesco International EVP & CHRO Christine Ann Wolf Reports Transactions
SEC Form 4
Christine Ann Wolf, EVP & CHRO of Wesco International, reports the acquisition and disposal of common stock and stock options.
Summary
- On March 1, 2025, Christine Ann Wolf, EVP & CHRO of Wesco International, reported transactions involving the company's common stock and stock options.
- Wolf disposed of 230 shares of common stock at a price of $180.47 per share to cover tax withholding on vesting restricted stock units.
- She also acquired 1,524 shares of common stock through a grant of restricted stock units (RSUs).
- Additionally, Wolf acquired 3,591 stock options with an exercise price of $180.47.
- Following these transactions, Wolf beneficially owns 33,277.4102 shares of common stock and 3,591 stock options.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports transactions by an executive, which are part of standard compensation practices.
Positives
- The grant of RSUs and stock options to the EVP & CHRO could be seen as a positive sign, aligning her interests with the company's performance.
Future Outlook
The RSUs vest in three equal installments beginning on the first anniversary of the date of grant, and the stock options become exercisable in three equal annual installments beginning on the first anniversary of the date of grant.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in the company's securities.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of grant for restricted stock units that vested on 03/01/2025 |
| 03/01/2025 | Date of earliest transaction: disposal of shares for tax withholding, grant of RSUs, and grant of stock options |
| 03/04/2025 | Date of signature on the Form 4 filing |
| 03/01/2035 | Expiration date of the stock options |
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