Form 4: Wesco International Inc. Executive Matthew S. Kulasa Sells 474 Shares of Common Stock
SEC Form 4 Filing
Matthew S. Kulasa, SVP, Corp. Controller & CAO of Wesco International Inc., sold 474 shares of common stock at a price of $191.69 on May 24, 2024.
Summary
- On May 24, 2024, Matthew S. Kulasa, SVP, Corp. Controller & CAO of Wesco International Inc., sold 474 shares of common stock.
- The transaction was executed at a price of $191.69 per share.
- Following the transaction, Kulasa directly owns 3,554.769 shares of Wesco International Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a stock sale by an executive, which is a neutral event in itself. The sentiment is therefore considered neutral.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders buy or sell their company's stock. These filings are closely watched by investors for insights into management's perspective on the company's valuation and future prospects.
Stakeholder Impact
- The sale of shares by an executive could be perceived negatively by some shareholders, but it is a relatively small transaction and may not have a significant impact.
Key Dates
| Date | Description |
|---|---|
| 05/24/2024 | Date of the stock sale transaction |
| 05/29/2024 | Date of signature on the Form 4 filing |
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