Form 4: WESCO International Executive Sells Shares
SEC Form 4 Filing
Matthew S. Kulasa, SVP, Corp. Controller & CAO of WESCO International, sold 278 shares of common stock on November 22, 2024.
Summary
- Matthew S. Kulasa, a Senior Vice President at WESCO International, sold 278 shares of the company's common stock.
- The sale occurred on November 22, 2024.
- The shares were sold at a weighted average price of $208.617 per share.
- The total number of shares owned by Mr. Kulasa after the transaction is 3,281.9498.
Sentiment
Score: 5
Explanation: The document is a neutral report of an insider stock sale, with no indication of positive or negative sentiment.
Industry Context
This is a routine Form 4 filing, which is common when company executives trade shares. It provides transparency into insider transactions.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the United States.
- The sale of shares by an executive is a common occurrence and does not necessarily indicate a negative outlook for the company.
- Similar filings are made by executives at companies like Anixter International and Graybar Electric, which are competitors of WESCO International.
Stakeholder Impact
- The sale of shares by an executive may have a minor impact on shareholder sentiment, but is generally not a significant event.
Key Dates
| Date | Description |
|---|---|
| 11/22/2024 | Date of the stock sale transaction. |
| 11/26/2024 | Date the Form 4 was signed. |
Keywords
WESCO International, insider trading, stock sale, executive, Matthew S. Kulasa, Form 4
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