Form 4: Wesco International Executive Matthew Kulasa Reports Stock Disposal for Tax Withholding
SEC Form 4 Filing
Matthew Kulasa, SVP, Corp. Controller & CAO of Wesco International, disposed of 86 shares of common stock on April 16, 2024, to cover tax obligations related to vesting RSUs.
Summary
- On April 16, 2024, Matthew S Kulasa, SVP, Corp. Controller & CAO of Wesco International Inc [WCC], disposed of 86 shares of common stock.
- The transaction was executed to cover tax withholding obligations arising from the vesting of Restricted Stock Units (RSUs) that were granted on April 16, 2021.
- Following the transaction, Kulasa directly owns 4,028.769 shares of Wesco International Inc.
Sentiment
Score: 5
Explanation: This is a routine transaction related to tax obligations, and it doesn't indicate any significant positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is a common occurrence where shares are disposed of to cover tax obligations related to equity compensation.
Key Dates
| Date | Description |
|---|---|
| 04/16/2021 | Date of RSU grant |
| 04/16/2024 | Date of stock disposal for tax withholding |
| 04/18/2024 | Date of signature on the Form 4 filing |
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