Kulasa Matthew S 4
4 · WESCO INTERNATIONAL INC · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
Wesco (WCC) SVP Matthew S. Kulasa Receives 1.143-Share Award
What Happened
Matthew S. Kulasa, Senior VP, Corporate Controller & CAO of Wesco International (WCC), was credited with 1.143 shares as an award/acquisition on March 31, 2026. The Form 4 reports the acquisition type as "A" (award) and shows a reported price/value of $0 for the transaction. This was not a cash purchase or sale of stock but an accrual of dividend-equivalent rights tied to existing restricted stock units.
Key Details
- Transaction date: 2026-03-31; Form 4 filed: 2026-04-02 (filed within the usual two-business-day window).
- Transaction type/code: A (award/acquisition). Reported price/value: $0.00.
- Shares acquired: 1.143 (reported as dividend equivalent rights/DERs).
- Shares owned after transaction: Not specified in the provided filing details.
- Footnote: F1 — These are dividend equivalent rights (DERs) that accrue on RSUs and vest on the same schedule as the underlying awards; each DER equals the economic equivalent of one share.
Context
DERs are an administrative credit for dividends on outstanding RSUs and do not indicate an independent cash purchase or sale by the insider. Such entries are routine compensation-related adjustments and generally do not imply a change in the insider’s market view.
Insider Transaction Report
- Award
Common Stock
[F1]2026-03-31+1.143→ 4,176.08 total
Footnotes (1)
- [F1]Represents dividend equivalent rights ("DERs") in connection with the Issuer's quarterly dividend and accrued to the Reporting Person on restricted stock units ("RSUs") 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.