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.
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.