CDW officer reports RSU award and tax withholding

CDW Corp officer Peter R. Locy reported routine equity compensation activity involving company common stock.

Rhea-AI Filing Summary

CDW Corp officer Peter R. Locy reported routine equity compensation activity involving company common stock. On March 10, 2026, he acquired 10.54 shares at no cost as dividend equivalents tied to previously granted restricted stock units under CDW’s long-term incentive plan. On March 12, 2026, 112.07 shares were disposed of to cover taxes owed on settlement of a restricted stock unit award, a non-market, tax-withholding transaction. After these entries, he directly held 3,951.99 shares of CDW common stock.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider LOCY PETER R

Role See Remarks

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock, par value $0.01	112.07	$118.91	$13K
Grant/Award	Common Stock, par value $0.01	10.54	$0.00	$0.00

Holdings After Transaction: Common Stock, par value $0.01 — 3,951.99 shares (Direct)

Footnotes (2)

1. F1. Dividend equivalents awarded pursuant to outstanding restricted stock unit awards previously granted under the CDW Corporation 2021 Long-Term Incentive Plan.
2. F2. Represents shares withheld to cover taxes incurred in connection with the settlement of the restricted stock unit award previously granted under the CDW Corporation Long-Term Incentive Plan.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did CDW (CDW) officer Peter R. Locy report?

Peter R. Locy reported a small equity award and a tax-related share disposition. He received 10.54 dividend equivalent shares on restricted stock units and had 112.07 shares withheld to cover taxes on a restricted stock unit settlement.

Were Peter R. Locy’s CDW (CDW) transactions open-market buys or sells?

The reported transactions were not open-market trades. One was an equity award of 10.54 shares at no cost, and the other was a 112.07-share withholding to pay taxes on restricted stock unit settlement.

How many CDW (CDW) shares does Peter R. Locy hold after these Form 4 transactions?

After the reported activity, Peter R. Locy directly holds 3,951.99 CDW common shares. This reflects the net impact of receiving 10.54 dividend equivalent shares and 112.07 shares withheld for taxes on incentive compensation.

What does the 10.54-share award to Peter R. Locy at CDW (CDW) represent?

The 10.54-share award represents dividend equivalents credited on existing restricted stock unit grants. These arise when dividends are notionally applied to unvested awards, adding a small number of additional shares under CDW’s 2021 Long-Term Incentive Plan.

Why were 112.07 CDW (CDW) shares disposed of in Peter R. Locy’s Form 4?

The 112.07 shares were withheld to cover taxes tied to settlement of a restricted stock unit award. This is a routine tax-withholding disposition where shares are surrendered instead of paying cash for the tax obligation.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 03/12/2026 - 07:29 PM EDT Learn about SEC filing dates

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^*

LOCY PETER R

(Last) (First) (Middle)

C/O CDW CORPORATION

200 N MILWAUKEE

(Street)

VERNON HILLS IL 60061

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
CDW Corp [ CDW ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	See Remarks

3. Date of Earliest Transaction (Month/Day/Year)
03/10/2026

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
Common Stock, par value $0.01	03/10/2026		A		10.54(1)	A	$0	4,064.06	D
Common Stock, par value $0.01	03/12/2026		F		112.07(2)	D	$118.91	3,951.99	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. Dividend equivalents awarded pursuant to outstanding restricted stock unit awards previously granted under the CDW Corporation 2021 Long-Term Incentive Plan.

2. Represents shares withheld to cover taxes incurred in connection with the settlement of the restricted stock unit award previously granted under the CDW Corporation Long-Term Incentive Plan.

Remarks:

Senior Vice President, Controller, and Chief Accounting Officer

	/s/ Debra Wasserman, Attorney-in-Fact	03/12/2026
	** 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.
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