CDW (NASDAQ: CDW) director awarded 1,609 RSUs with deferred share settlement
Rhea-AI Filing Summary
Swedish Joseph reported acquisition or exercise transactions in this Form 4 filing.
CDW Corp director Joseph Swedish reported an equity award under the company’s long-term incentive plan. He received 1,609 restricted stock units (RSUs) of CDW common stock at a stated price of $0.00 per share, reflecting a grant rather than a market purchase.
The RSUs vest on the first anniversary of the grant date, meaning the award will fully vest after one year of service from the grant. Settlement into actual CDW common shares has been deferred until Swedish separates from service on the Board of Directors, so he will receive the underlying shares only when he leaves the Board. Following this grant, his directly held position reported in this filing is 19,695.14 shares of CDW common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 | 1,609 | $0.00 | $0.00 |
Footnotes (1)
- F1. This is a grant of restricted stock units under the CDW Corporation Long-Term Incentive Plan. The restricted stock units vest on the first anniversary of the date of grant and settlement into shares of CDW Corporation common stock has been deferred until separation from service on the Board of Directors.
FAQ
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