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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 & CFO David S. Schulz reported significant changes in his securities holdings on June 22, 2025. The key transaction involved the redemption of all outstanding 10.625% Series A Fixed-Rate Reset Cumulative Perpetual Preferred Stock by the company.

Transaction details:

  • Schulz's 1,771 shares of Series A Preferred Stock were redeemed at $25 per depositary share plus accrued dividends
  • Following the transaction, Schulz maintains direct ownership of 110,360.4886 shares of Common Stock
  • The redemption price was set at $25,000 per Preferred Stock share, equivalent to $25 per depositary share

This mandatory redemption of preferred shares indicates a significant capital structure change for Wesco International, potentially impacting the company's dividend obligations and capital allocation strategy.

Wesco International (WCC) EVP e CFO David S. Schulz ha comunicato il 22 giugno 2025 rilevanti variazioni nelle sue partecipazioni azionarie. L'operazione principale ha riguardato il rimborso di tutte le azioni privilegiate perpetue cumulative a tasso fisso reset del 10,625% Serie A da parte della società.

Dettagli della transazione:

  • Le 1.771 azioni di Serie A privilegiate di Schulz sono state rimborsate a 25$ per azione depositaria più i dividendi maturati
  • Dopo la transazione, Schulz detiene direttamente 110.360,4886 azioni ordinarie
  • Il prezzo di rimborso è stato fissato a 25.000$ per azione privilegiata, pari a 25$ per azione depositaria

Questo rimborso obbligatorio delle azioni privilegiate rappresenta un cambiamento significativo nella struttura del capitale di Wesco International, con possibili effetti sugli obblighi di dividendo e sulla strategia di allocazione del capitale dell’azienda.

Wesco International (WCC) EVP y CFO David S. Schulz informó el 22 de junio de 2025 cambios significativos en sus participaciones de valores. La transacción principal consistió en el rescate de todas las acciones preferentes perpetuas acumulativas a tasa fija reajustable del 10.625% Serie A por parte de la empresa.

Detalles de la transacción:

  • Las 1,771 acciones preferentes Serie A de Schulz fueron rescatadas a $25 por acción depositaria más dividendos acumulados
  • Tras la transacción, Schulz mantiene la propiedad directa de 110,360.4886 acciones ordinarias
  • El precio de rescate se estableció en $25,000 por acción preferente, equivalente a $25 por acción depositaria

Este rescate obligatorio de acciones preferentes indica un cambio significativo en la estructura de capital de Wesco International, que podría afectar las obligaciones de dividendos y la estrategia de asignación de capital de la empresa.

Wesco International (WCC) EVP ê²� CFO David S. Schulzê°€ 2025ë…� 6ì›� 22ì¼ì— ìžì‹ ì� ì¦ê¶Œ 보유ì—� 중대í•� ë³€ë� 사항ì� 보고했습니다. 주요 거래ëŠ� 회사가 보유í•� 모든 10.625% 시리ì¦� A 고정금리 리셋 ëˆ„ì  ì˜êµ¬ ìš°ì„ ì£�ë¥� ìƒí™˜í•� 것입니다.

거래 세부사항:

  • Schulzì� 1,771ì£� 시리ì¦� A 우선주는 예íƒì£¼ë‹¹ 25달러와 ëˆ„ì  ë°°ë‹¹ê¸ˆê³¼ 함께 ìƒí™˜ë�
  • 거래 í›� SchulzëŠ� 110,360.4886ì£�ì� 보통주를 ì§ì ‘ 보유 ì¤�
  • ìƒí™˜ ê°€ê²©ì€ ìš°ì„ ì£� 1주당 25,000달러, 예íƒì£� 1주당 25달러ë¡� ì±…ì •ë�

ì� ìš°ì„ ì£� ì˜ë¬´ ìƒí™˜ì€ Wesco Internationalì� ìžë³¸ 구조ì—� 중대í•� 변화를 ì˜ë¯¸í•˜ë©°, 회사ì� 배당 ì˜ë¬´ ë°� ìžë³¸ ë°°ë¶„ ì „ëžµì—� ì˜í–¥ì� 미칠 ìˆ� 있습니다.

Wesco International (WCC) EVP et CFO David S. Schulz a signalé le 22 juin 2025 des changements significatifs dans ses avoirs en titres. La transaction clé concernait le rachat par la société de toutes les actions privilégiées perpétuelles cumulatives à taux fixe réinitialisable de la série A à 10,625 %.

Détails de la transaction :

  • Les 1 771 actions privilégiées de la série A détenues par Schulz ont été rachetées à 25 $ par action dépositaire plus les dividendes courus
  • Après la transaction, Schulz conserve la propriété directe de 110 360,4886 actions ordinaires
  • Le prix de rachat a été fixé à 25 000 $ par action privilégiée, équivalant à 25 $ par action dépositaire

Ce rachat obligatoire des actions privilégiées indique un changement important dans la structure du capital de Wesco International, pouvant impacter les obligations de dividendes et la stratégie d’allocation du capital de la société.

Wesco International (WCC) EVP und CFO David S. Schulz meldete am 22. Juni 2025 bedeutende Änderungen in seinen Wertpapierbeständen. Die Haupttransaktion betraf die Rücknahme aller ausstehenden 10,625% Serie A Festzins-Reset kumulative unbefristete Vorzugsaktien durch das Unternehmen.

Transaktionsdetails:

  • Schulz' 1.771 Stück Serie A Vorzugsaktien wurden zu 25 USD pro Hinterlegungsschein plus aufgelaufener Dividenden zurückgenommen
  • Nach der Transaktion hält Schulz direkt 110.360,4886 Stück Stammaktien
  • Der Rücknahmepreis wurde auf 25.000 USD pro Vorzugsaktie festgesetzt, entsprechend 25 USD pro Hinterlegungsschein

Diese verpflichtende Rücknahme der Vorzugsaktien stellt eine bedeutende Veränderung der Kapitalstruktur von Wesco International dar und könnte die Dividendenauszahlungen sowie die Kapitalallokationsstrategie des Unternehmens beeinflussen.

Positive
  • The company redeemed all outstanding Series A Preferred Stock at $25,000 per share, indicating strong financial position and ability to reduce preferred dividend obligations
Negative
  • None.

Wesco International (WCC) EVP e CFO David S. Schulz ha comunicato il 22 giugno 2025 rilevanti variazioni nelle sue partecipazioni azionarie. L'operazione principale ha riguardato il rimborso di tutte le azioni privilegiate perpetue cumulative a tasso fisso reset del 10,625% Serie A da parte della società.

Dettagli della transazione:

  • Le 1.771 azioni di Serie A privilegiate di Schulz sono state rimborsate a 25$ per azione depositaria più i dividendi maturati
  • Dopo la transazione, Schulz detiene direttamente 110.360,4886 azioni ordinarie
  • Il prezzo di rimborso è stato fissato a 25.000$ per azione privilegiata, pari a 25$ per azione depositaria

Questo rimborso obbligatorio delle azioni privilegiate rappresenta un cambiamento significativo nella struttura del capitale di Wesco International, con possibili effetti sugli obblighi di dividendo e sulla strategia di allocazione del capitale dell’azienda.

Wesco International (WCC) EVP y CFO David S. Schulz informó el 22 de junio de 2025 cambios significativos en sus participaciones de valores. La transacción principal consistió en el rescate de todas las acciones preferentes perpetuas acumulativas a tasa fija reajustable del 10.625% Serie A por parte de la empresa.

Detalles de la transacción:

  • Las 1,771 acciones preferentes Serie A de Schulz fueron rescatadas a $25 por acción depositaria más dividendos acumulados
  • Tras la transacción, Schulz mantiene la propiedad directa de 110,360.4886 acciones ordinarias
  • El precio de rescate se estableció en $25,000 por acción preferente, equivalente a $25 por acción depositaria

Este rescate obligatorio de acciones preferentes indica un cambio significativo en la estructura de capital de Wesco International, que podría afectar las obligaciones de dividendos y la estrategia de asignación de capital de la empresa.

Wesco International (WCC) EVP ê²� CFO David S. Schulzê°€ 2025ë…� 6ì›� 22ì¼ì— ìžì‹ ì� ì¦ê¶Œ 보유ì—� 중대í•� ë³€ë� 사항ì� 보고했습니다. 주요 거래ëŠ� 회사가 보유í•� 모든 10.625% 시리ì¦� A 고정금리 리셋 ëˆ„ì  ì˜êµ¬ ìš°ì„ ì£�ë¥� ìƒí™˜í•� 것입니다.

거래 세부사항:

  • Schulzì� 1,771ì£� 시리ì¦� A 우선주는 예íƒì£¼ë‹¹ 25달러와 ëˆ„ì  ë°°ë‹¹ê¸ˆê³¼ 함께 ìƒí™˜ë�
  • 거래 í›� SchulzëŠ� 110,360.4886ì£�ì� 보통주를 ì§ì ‘ 보유 ì¤�
  • ìƒí™˜ ê°€ê²©ì€ ìš°ì„ ì£� 1주당 25,000달러, 예íƒì£� 1주당 25달러ë¡� ì±…ì •ë�

ì� ìš°ì„ ì£� ì˜ë¬´ ìƒí™˜ì€ Wesco Internationalì� ìžë³¸ 구조ì—� 중대í•� 변화를 ì˜ë¯¸í•˜ë©°, 회사ì� 배당 ì˜ë¬´ ë°� ìžë³¸ ë°°ë¶„ ì „ëžµì—� ì˜í–¥ì� 미칠 ìˆ� 있습니다.

Wesco International (WCC) EVP et CFO David S. Schulz a signalé le 22 juin 2025 des changements significatifs dans ses avoirs en titres. La transaction clé concernait le rachat par la société de toutes les actions privilégiées perpétuelles cumulatives à taux fixe réinitialisable de la série A à 10,625 %.

Détails de la transaction :

  • Les 1 771 actions privilégiées de la série A détenues par Schulz ont été rachetées à 25 $ par action dépositaire plus les dividendes courus
  • Après la transaction, Schulz conserve la propriété directe de 110 360,4886 actions ordinaires
  • Le prix de rachat a été fixé à 25 000 $ par action privilégiée, équivalant à 25 $ par action dépositaire

Ce rachat obligatoire des actions privilégiées indique un changement important dans la structure du capital de Wesco International, pouvant impacter les obligations de dividendes et la stratégie d’allocation du capital de la société.

Wesco International (WCC) EVP und CFO David S. Schulz meldete am 22. Juni 2025 bedeutende Änderungen in seinen Wertpapierbeständen. Die Haupttransaktion betraf die Rücknahme aller ausstehenden 10,625% Serie A Festzins-Reset kumulative unbefristete Vorzugsaktien durch das Unternehmen.

Transaktionsdetails:

  • Schulz' 1.771 Stück Serie A Vorzugsaktien wurden zu 25 USD pro Hinterlegungsschein plus aufgelaufener Dividenden zurückgenommen
  • Nach der Transaktion hält Schulz direkt 110.360,4886 Stück Stammaktien
  • Der Rücknahmepreis wurde auf 25.000 USD pro Vorzugsaktie festgesetzt, entsprechend 25 USD pro Hinterlegungsschein

Diese verpflichtende Rücknahme der Vorzugsaktien stellt eine bedeutende Veränderung der Kapitalstruktur von Wesco International dar und könnte die Dividendenauszahlungen sowie die Kapitalallokationsstrategie des Unternehmens beeinflussen.

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*
Schulz David S.

(Last) (First) (Middle)
225 WEST 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 & CFO
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) 1,771 D $25 0 D
Common Stock 110,360.4886 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 CFO David Schulz report on June 22, 2025?

According to the Form 4 filing, EVP & CFO David Schulz reported the redemption of 1,771 shares of Series A Preferred Stock by Wesco International (WCC) at $25 per depositary share (plus accrued and unpaid dividends) on June 22, 2025.

How many shares of WCC common stock does David Schulz own after the reported transaction?

Following the reported transaction, David Schulz directly owns 110,360.4886 shares of WCC common stock.

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

WCC redeemed its Series A Preferred Stock at $25,000 per share (equivalent to $25 per depositary share, with each depositary share representing 1/1,000th of one share), plus accrued and unpaid dividends.

What position does David Schulz hold at Wesco International (WCC)?

David Schulz serves as Executive Vice President (EVP) & Chief Financial Officer (CFO) of Wesco International Inc.

What type of Series A Preferred Stock did WCC redeem?

WCC redeemed its 10.625% Series A Fixed-Rate Reset Cumulative Perpetual Preferred Stock, par value $1.01 per share, and the corresponding depositary shares.
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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