Form 4: Wesco International Executive James Cameron Reports Stock Acquisition Through Dividend Equivalent Rights

EVP & GM of Utility & Broadband at Wesco International, James Cameron, reports acquiring stock through dividend equivalent rights.

Summary

• James Cameron, EVP & GM, Util & Broadband at Wesco International, filed a Form 4 indicating a transaction.
• On March 31, 2025, Cameron acquired 62.1343 shares of Wesco International common stock through dividend equivalent rights (DERs).
• The price per share was $0.
• Following the transaction, Cameron directly owns 55,978.6592 shares of Wesco International common stock.
• The dividend equivalent rights are connected to the Issuer's quarterly dividend and accrued to the Reporting Person on restricted stock units held by the Reporting Person.
• Each DER is the economic equivalent of one share of Issuer's common stock and vests on the same schedule as the underlying award.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The acquisition of shares by an executive is generally a good sign, but it's a routine transaction related to compensation.

Positives

• The acquisition of shares by an executive could be seen as a positive signal, indicating confidence in the company's future performance.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates an executive's increased stake in the company, which is generally viewed positively by investors.

Stakeholder Impact

• The increased ownership by an executive could positively influence shareholder sentiment.

Key Dates

Keywords

Wesco International, James Cameron, Form 4, dividend equivalent rights, DERs, stock acquisition, executive compensation, restricted stock units, RSUs