Form 4: Wesco International EVP Diane Lazzaris Reports Stock Transactions

Diane Lazzaris, EVP and General Counsel of Wesco International, reports the acquisition and disposal of company stock and stock options.

Summary

• On March 1, 2025, Diane Lazzaris, EVP and General Counsel of Wesco International, reported transactions involving Wesco International's common stock.
• Lazzaris disposed of 276 shares of common stock at a price of $180.47 per share to cover tax withholding on vesting restricted stock units.
• Lazzaris also acquired 1,732 shares of common stock through a grant of restricted stock units (RSUs).
• Additionally, Lazzaris acquired 4,080 stock options with an exercise price of $180.47.
• Following these transactions, Lazzaris beneficially owns 56,056.6993 shares of common stock and 4,080 stock options.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Positives

• The grant of RSUs and stock options to the EVP and General Counsel could be seen as a positive sign, aligning her interests with the company's long-term performance.

Future Outlook

The RSUs vest in three equal installments beginning on the first anniversary of the date of grant. The stock options become exercisable in three equal annual installments beginning on the first anniversary of the date of grant.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax obligations.

Key Dates