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STOCK TITAN

[Form 4] Wesco International Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Wesco International (WCC) EVP of Supply Chain & Operations Hemant Porwal reported changes in beneficial ownership on June 22, 2025. The key transaction involved the redemption of Series A Preferred Stock by the company.

Transaction Details:

  • The company redeemed all outstanding shares of 10.625% Series A Fixed-Rate Reset Cumulative Perpetual Preferred Stock
  • Redemption price: $25,000 per preferred share or $25 per depositary share plus accrued/unpaid dividends
  • Porwal's 2,000 shares of Series A Preferred Stock were redeemed, reducing holdings to 0
  • Maintains direct ownership of 20,523.91 shares of common stock

This mandatory redemption reflects a significant change in the company's capital structure, potentially indicating strong financial position or strategic realignment of capital resources.

Wesco International (WCC) EVP della Supply Chain e Operations Hemant Porwal ha comunicato modifiche nella proprietà beneficiaria il 22 giugno 2025. La transazione principale ha riguardato il rimborso delle azioni privilegiate Serie A da parte della società.

Dettagli della transazione:

  • La società ha rimborsato tutte le azioni in circolazione di Azioni privilegiate perpetue cumulative a tasso fisso reset 10,625% Serie A
  • Prezzo di rimborso: 25.000 $ per azione privilegiata o 25 $ per azione depositaria più dividendi maturati/non pagati
  • Le 2.000 azioni Serie A di Porwal sono state rimborsate, portando la sua partecipazione a zero
  • Mantiene la proprietà diretta di 20.523,91 azioni ordinarie

Questo rimborso obbligatorio riflette un cambiamento significativo nella struttura del capitale della società, indicando potenzialmente una solida posizione finanziaria o un riallineamento strategico delle risorse di capitale.

Wesco International (WCC) EVP de Cadena de Suministro y Operaciones Hemant Porwal informó cambios en la propiedad beneficiaria el 22 de junio de 2025. La transacción clave involucró el rescate de acciones preferentes Serie A por parte de la compañía.

Detalles de la transacción:

  • La compañía rescató todas las acciones en circulación de Acciones preferentes perpetuas acumulativas con tasa fija reajustable del 10,625% Serie A
  • Precio de rescate: $25,000 por acción preferente o $25 por acción depositaria más dividendos acumulados/no pagados
  • Las 2,000 acciones Serie A de Porwal fueron rescatadas, reduciendo su participación a cero
  • Mantiene la propiedad directa de 20,523.91 acciones ordinarias

Este rescate obligatorio refleja un cambio significativo en la estructura de capital de la compañía, lo que podría indicar una posición financiera sólida o un realineamiento estratégico de los recursos de capital.

Wesco International (WCC) 공급ë§� ë°� ìš´ì˜ ë‹´ë‹¹ EVP Hemant Porwalì€ 2025ë…� 6ì›� 22ì¼ì— 실질 소유ê¶� ë³€ê²½ì„ ë³´ê³ í–ˆìŠµë‹ˆë‹¤. 주요 거래ëŠ� 회사가 시리ì¦� A 우선주를 ìƒí™˜í•� 것입니다.

거래 세부사항:

  • ÐëŒì‚¬µç� 10.625% 시리ì¦� A ê³ ì • 금리 리셋 ëˆ„ì  ì˜êµ¬ ìš°ì„ ì£�ì� 모든 미결ì � 주ì‹ì� ìƒí™˜í–ˆìŠµë‹ˆë‹¤
  • ìƒí™˜ ê°€ê²�: 우선주당 $25,000 ë˜ëŠ” 예íƒì¦ì„œ 주당 $25ì—� 누ì /미지ê¸� 배당ê¸� 추가
  • Porwalì� 2,000ì£� 시리ì¦� A 우선주가 ìƒí™˜ë˜ì–´ 보유 주ì‹ì� 0으로 ê°ì†Œ
  • 20,523.91ì£� 보통ì£� ì§ì ‘ 소유 유지

ì� ì˜ë¬´ ìƒí™˜ì€ 회사 ìžë³¸ 구조ì—� 중대í•� 변화를 ë°˜ì˜í•˜ë©°, ì´ëŠ” ê°•ë ¥í•� 재무 ìƒíƒœ ë˜ëŠ” ìžë³¸ ìžì›ì� ì „ëžµì � ìž¬ì¡°ì •ì„ ì˜ë¯¸í•� ìˆ� 있습니다.

Wesco International (WCC) EVP de la chaîne d'approvisionnement et des opérations Hemant Porwal a signalé des changements dans la propriété bénéficiaire le 22 juin 2025. La transaction clé concernait le rachat des actions privilégiées de série A par la société.

Détails de la transaction :

  • La société a racheté toutes les actions en circulation des actions privilégiées perpétuelles cumulatives à taux fixe réinitialisable de 10,625 % série A
  • Prix de rachat : 25 000 $ par action privilégiée ou 25 $ par action dépositaire plus dividendes accumulés/non payés
  • Les 2 000 actions de série A de Porwal ont été rachetées, réduisant sa détention à zéro
  • Il conserve la propriété directe de 20 523,91 actions ordinaires

Ce rachat obligatoire reflète un changement significatif dans la structure du capital de la société, indiquant potentiellement une solide position financière ou un réalignement stratégique des ressources en capital.

Wesco International (WCC) EVP für Lieferkette und Betrieb Hemant Porwal meldete am 22. Juni 2025 Änderungen im wirtschaftlichen Eigentum. Die Haupttransaktion betraf die Rückzahlung der Vorzugsaktien der Serie A durch das Unternehmen.

Transaktionsdetails:

  • Das Unternehmen hat alle ausstehenden Aktien der 10,625% Serie A Festverzinsliche, kumulative, ewige Vorzugsaktien ³ú³Ü°ùü³¦°ì²µ±ð³ú²¹³ó±ô³Ù
  • ¸éü³¦°ì³ú²¹³ó±ô³Ü²Ô²µ²õ±è°ù±ð¾±²õ: 25.000 $ pro Vorzugsaktie bzw. 25 $ pro Hinterlegungsschein zuzüglich aufgelaufener/ausstehender Dividenden
  • Porwals 2.000 Aktien der Serie A wurden ³ú³Ü°ùü³¦°ì²µ±ð³ú²¹³ó±ô³Ù, wodurch sein Bestand auf 0 reduziert wurde
  • Behält den direkten Besitz von 20.523,91 Stammaktien

Diese obligatorische Rückzahlung stellt eine bedeutende Veränderung in der Kapitalstruktur des Unternehmens dar und könnte auf eine starke finanzielle Lage oder eine strategische Neuausrichtung der Kapitalressourcen hinweisen.

Positive
  • None.
Negative
  • None.

Wesco International (WCC) EVP della Supply Chain e Operations Hemant Porwal ha comunicato modifiche nella proprietà beneficiaria il 22 giugno 2025. La transazione principale ha riguardato il rimborso delle azioni privilegiate Serie A da parte della società.

Dettagli della transazione:

  • La società ha rimborsato tutte le azioni in circolazione di Azioni privilegiate perpetue cumulative a tasso fisso reset 10,625% Serie A
  • Prezzo di rimborso: 25.000 $ per azione privilegiata o 25 $ per azione depositaria più dividendi maturati/non pagati
  • Le 2.000 azioni Serie A di Porwal sono state rimborsate, portando la sua partecipazione a zero
  • Mantiene la proprietà diretta di 20.523,91 azioni ordinarie

Questo rimborso obbligatorio riflette un cambiamento significativo nella struttura del capitale della società, indicando potenzialmente una solida posizione finanziaria o un riallineamento strategico delle risorse di capitale.

Wesco International (WCC) EVP de Cadena de Suministro y Operaciones Hemant Porwal informó cambios en la propiedad beneficiaria el 22 de junio de 2025. La transacción clave involucró el rescate de acciones preferentes Serie A por parte de la compañía.

Detalles de la transacción:

  • La compañía rescató todas las acciones en circulación de Acciones preferentes perpetuas acumulativas con tasa fija reajustable del 10,625% Serie A
  • Precio de rescate: $25,000 por acción preferente o $25 por acción depositaria más dividendos acumulados/no pagados
  • Las 2,000 acciones Serie A de Porwal fueron rescatadas, reduciendo su participación a cero
  • Mantiene la propiedad directa de 20,523.91 acciones ordinarias

Este rescate obligatorio refleja un cambio significativo en la estructura de capital de la compañía, lo que podría indicar una posición financiera sólida o un realineamiento estratégico de los recursos de capital.

Wesco International (WCC) 공급ë§� ë°� ìš´ì˜ ë‹´ë‹¹ EVP Hemant Porwalì€ 2025ë…� 6ì›� 22ì¼ì— 실질 소유ê¶� ë³€ê²½ì„ ë³´ê³ í–ˆìŠµë‹ˆë‹¤. 주요 거래ëŠ� 회사가 시리ì¦� A 우선주를 ìƒí™˜í•� 것입니다.

거래 세부사항:

  • ÐëŒì‚¬µç� 10.625% 시리ì¦� A ê³ ì • 금리 리셋 ëˆ„ì  ì˜êµ¬ ìš°ì„ ì£�ì� 모든 미결ì � 주ì‹ì� ìƒí™˜í–ˆìŠµë‹ˆë‹¤
  • ìƒí™˜ ê°€ê²�: 우선주당 $25,000 ë˜ëŠ” 예íƒì¦ì„œ 주당 $25ì—� 누ì /미지ê¸� 배당ê¸� 추가
  • Porwalì� 2,000ì£� 시리ì¦� A 우선주가 ìƒí™˜ë˜ì–´ 보유 주ì‹ì� 0으로 ê°ì†Œ
  • 20,523.91ì£� 보통ì£� ì§ì ‘ 소유 유지

ì� ì˜ë¬´ ìƒí™˜ì€ 회사 ìžë³¸ 구조ì—� 중대í•� 변화를 ë°˜ì˜í•˜ë©°, ì´ëŠ” ê°•ë ¥í•� 재무 ìƒíƒœ ë˜ëŠ” ìžë³¸ ìžì›ì� ì „ëžµì � ìž¬ì¡°ì •ì„ ì˜ë¯¸í•� ìˆ� 있습니다.

Wesco International (WCC) EVP de la chaîne d'approvisionnement et des opérations Hemant Porwal a signalé des changements dans la propriété bénéficiaire le 22 juin 2025. La transaction clé concernait le rachat des actions privilégiées de série A par la société.

Détails de la transaction :

  • La société a racheté toutes les actions en circulation des actions privilégiées perpétuelles cumulatives à taux fixe réinitialisable de 10,625 % série A
  • Prix de rachat : 25 000 $ par action privilégiée ou 25 $ par action dépositaire plus dividendes accumulés/non payés
  • Les 2 000 actions de série A de Porwal ont été rachetées, réduisant sa détention à zéro
  • Il conserve la propriété directe de 20 523,91 actions ordinaires

Ce rachat obligatoire reflète un changement significatif dans la structure du capital de la société, indiquant potentiellement une solide position financière ou un réalignement stratégique des ressources en capital.

Wesco International (WCC) EVP für Lieferkette und Betrieb Hemant Porwal meldete am 22. Juni 2025 Änderungen im wirtschaftlichen Eigentum. Die Haupttransaktion betraf die Rückzahlung der Vorzugsaktien der Serie A durch das Unternehmen.

Transaktionsdetails:

  • Das Unternehmen hat alle ausstehenden Aktien der 10,625% Serie A Festverzinsliche, kumulative, ewige Vorzugsaktien ³ú³Ü°ùü³¦°ì²µ±ð³ú²¹³ó±ô³Ù
  • ¸éü³¦°ì³ú²¹³ó±ô³Ü²Ô²µ²õ±è°ù±ð¾±²õ: 25.000 $ pro Vorzugsaktie bzw. 25 $ pro Hinterlegungsschein zuzüglich aufgelaufener/ausstehender Dividenden
  • Porwals 2.000 Aktien der Serie A wurden ³ú³Ü°ùü³¦°ì²µ±ð³ú²¹³ó±ô³Ù, wodurch sein Bestand auf 0 reduziert wurde
  • Behält den direkten Besitz von 20.523,91 Stammaktien

Diese obligatorische Rückzahlung stellt eine bedeutende Veränderung in der Kapitalstruktur des Unternehmens dar und könnte auf eine starke finanzielle Lage oder eine strategische Neuausrichtung der Kapitalressourcen hinweisen.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Porwal Hemant

(Last) (First) (Middle)
225 W STATION SQUARE DRIVE
SUITE 700

(Street)
PITTSBURGH PA 15219

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
WESCO INTERNATIONAL INC [ WCC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP Supply Chain & Operations
3. Date of Earliest Transaction (Month/Day/Year)
06/22/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Series A Preferred Stock 06/22/2025 J(1) 2,000 D $25 0 I by Joint account
Common Stock 20,523.9097 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. On June 22, 2025, the Issuer redeemed all of its outstanding shares of 10.625% Series A Fixed-Rate Reset Cumulative Perpetual Preferred Stock, par value $1.01 per share (the "Series A Preferred Stock"), and the corresponding depositary shares, each representing 1/1,1000th of one share of Series A Preferred Stock, at the redemption price specified in the Issuer's Certificate of Designations of Series A Preferred Stock, equal to $25,000 per share of Series A Preferred Stock (plus accrued and unpaid dividends), or $25 per depositary share (plus accrued and unpaid dividends).
/s/ Michele Nelson, as Attorney-in-Fact 06/24/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did WCC's EVP of Supply Chain & Operations Hemant Porwal report on June 22, 2025?

Hemant Porwal reported the redemption of 2,000 shares of Series A Preferred Stock at $25 per share by WCC. This was part of the company's complete redemption of its outstanding 10.625% Series A Fixed-Rate Reset Cumulative Perpetual Preferred Stock.

How many shares of WCC common stock does Hemant Porwal own after the June 2025 transaction?

According to the Form 4 filing, Hemant Porwal directly owns 20,523.9097 shares of WCC common stock following the reported transaction.

What was the redemption price for WCC's Series A Preferred Stock in June 2025?

WCC redeemed the Series A Preferred Stock at $25,000 per preferred share (equivalent to $25 per depositary share), plus accrued and unpaid dividends. Each depositary share represented 1/1,000th of one share of Series A Preferred Stock.

What positions does Hemant Porwal hold at WESCO International (WCC)?

According to the Form 4 filing, Hemant Porwal serves as Executive Vice President of Supply Chain & Operations at WESCO International Inc.
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WCC Stock Data

10.38B
47.80M
1.95%
97.21%
2.88%
Industrial Distribution
Wholesale-electrical Apparatus & Equipment, Wiring Supplies
United States
PITTSBURGH