Company: WCC
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0000929008-25-000023
Chunk: 17

Company: WESCO INTERNATIONAL INC
Filing Date: 2025-07-31
Form: 10-Q
Item: Item 1
Chunk 17
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 awards at the following weighted-average fair values:Three Months EndedSix Months EndedJune 30,2025June 30,2024June 30,2025June 30,2024Stock options granted4,745 — 89,221 85,425 Weighted-average fair value$79.03 n/a$76.72 $72.05 Restricted stock units granted7,144 35,992 222,747 238,291 Weighted-average fair value$164.30 $184.73 $179.33 $157.19 Performance-based awards granted4,562 570 76,864 193,565 Weighted-average fair value$194.03 $147.40 $191.86 $108.83 The fair values of stock options, as disclosed in the table above, were estimated using the following weighted-average assumptions in the respective periods:Three Months EndedSix Months EndedJune 30,2025June 30,2024June 30,2025June 30,2024Risk free interest rate4.0%n/a4.1%4.2%Expected life (in years)5n/a55Expected volatility47%n/a47%55%Expected dividend yield0.98%n/a1.01%1.09 %The risk-free interest rate is based on the U.S. Treasury Daily Yield Curve rate as of the grant date. The expected life is based on historical exercise experience, the expected volatility is based on the volatility of the Company’s daily stock price over the expected life preceding the grant date of the award, and the expected dividend yield is based on the calculated yield on the Company’s common stock at date of grant using the current fiscal year projected dividend distribution rate.The following table sets forth a summary of stock options and related information for the six months ended June 30, 2025:AwardsWeighted-AverageExercisePriceWeighted-AverageRemainingContractual Term (In years)AggregateIntrinsicValue(In millions)Outstanding at December 31, 2024234,814 $147.08        Granted89,221 180.72        Exercised(2,139)140.90       Forfeited(12,488)169.83   Outstanding at June 30, 2025309,408 $155.90 8.0$9.1 Exercisable at June 30, 202