EVP & Former CFO David Schulz Sells Over $11.5 Million in Company Stock
WCC has more than doubled off its 52-week low of $157.48.
Summary
WESCO International's EVP and former CFO, David Schulz, sold common stock valued at over $11.5 million, marking a notable insider disposition.
Key Events · Ownership and Investor Activity · WCC
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Key Executive Sells Substantial Stock
David S. Schulz, EVP and former CFO, disposed of 31,951 shares of WESCO International common stock in open market sales.
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Over $11.5 Million Transaction Value
The total value of the shares sold by Mr. Schulz amounted to $11,516,431.89, executed across five transactions on May 6, 2026.
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Sales Near 52-Week Highs
The transactions occurred with the stock trading near its 52-week high, potentially indicating the executive is realizing gains.
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Follows Strong Earnings Report
This insider sale comes shortly after WESCO International reported robust first-quarter results on April 30, 2026, including increased net sales and adjusted diluted EPS.
Analysis · WCC · Trade & Services
The sale of over $11.5 million in WESCO International stock by EVP and former CFO David Schulz represents a significant personal liquidity event for a key executive. While the company recently reported strong first-quarter earnings, this substantial insider sale, occurring near the stock's 52-week high, could be interpreted by investors as a signal to lock in gains. This transaction adds to a pattern of net insider distribution over the past 90 days, suggesting some executives are reducing their holdings.
How filings like this one have moved
In the 30 days to Oct 3, 2026, 28.9% of the 1666 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.57%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, WCC was trading at $350.88 on NYSE in the Trade & Services sector, with a market capitalization of approximately $17.1B. The 52-week trading range was $157.48 to $368.90. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.