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.

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

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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^*

Swedish Joseph

(Last) (First) (Middle)

C/O CDW CORPORATION

200 N MILWAUKEE AVE

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
03/05/2026

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	03/05/2026		A		1,609(1)	A	$0	19,695.14	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. 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.

Remarks:

	/s/ Debra Wasserman, Attorney-in-Fact	03/09/2026
	** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did CDW (CDW) director Joseph Swedish report in this Form 4?

CDW director Joseph Swedish reported receiving 1,609 restricted stock units as an equity award under CDW Corporation’s Long-Term Incentive Plan. The units vest after one year and will convert into CDW common shares only after he leaves the Board of Directors.

How many CDW (CDW) shares are reported held by Joseph Swedish after the grant?

After the equity award, Joseph Swedish is reported as holding 19,695.14 shares of CDW common stock directly. This total includes the impact of the 1,609 restricted stock units granted, as reflected in the Form 4 ownership table for non-derivative securities.

What are the terms of the restricted stock units granted to the CDW (CDW) director?

The award consists of restricted stock units that vest on the first anniversary of the grant date. Once vested, settlement into CDW common stock is deferred until Joseph Swedish separates from service on the Board, delaying delivery of the underlying shares until his Board tenure ends.

Did Joseph Swedish buy CDW (CDW) shares on the open market in this filing?

No, the filing shows a grant of restricted stock units at a price of $0.00 per share under CDW’s long-term incentive plan. This represents an equity award, not an open-market purchase or sale transaction involving cash paid or received in the market.

What does transaction code "A" mean in the CDW (CDW) Form 4 filing?

Transaction code "A" in this Form 4 indicates a grant, award, or other acquisition of securities. In this case it reflects the issuance of 1,609 restricted stock units to director Joseph Swedish under the CDW Corporation Long-Term Incentive Plan, rather than a market trade.

When will the CDW (CDW) restricted stock units convert into common shares for Joseph Swedish?

The restricted stock units vest one year after the grant date, but settlement into CDW common stock is deferred. According to the filing, the units will convert into shares only upon Joseph Swedish’s separation from service on the CDW Board of Directors.