CDW (CDW) officer awarded 7,797 restricted stock units vesting through 2029
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sanderson Katherine Elizabeth reported acquisition or exercise transactions in this Form 4 filing.
CDW Corp reported that officer Katherine Elizabeth Sanderson received a grant of 7,797 shares of common stock in the form of restricted stock units under the company’s long-term incentive plan. After this award, she holds 27,180.64 shares of CDW common stock directly.
The restricted stock units are scheduled to vest in three equal installments, with one third of the shares vesting on each of March 5, 2027, March 5, 2028, and March 5, 2029. The award was recorded at a per-share transaction price of $0.00, reflecting that it was a compensation grant rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sanderson Katherine Elizabeth
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 | 7,797 | $0.00 | -- |
Holdings After Transaction:
Common Stock, par value $0.01 — 27,180.64 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did CDW (CDW) report for Katherine Elizabeth Sanderson?
CDW reported that officer Katherine Elizabeth Sanderson received a grant of 7,797 restricted stock units of common stock. This award is part of CDW’s long-term incentive plan and represents equity compensation rather than an open-market share purchase.
How do the CDW (CDW) restricted stock units granted to Katherine Elizabeth Sanderson vest?
The restricted stock units vest in three equal installments. One third of the 7,797 units will vest on March 5, 2027, another third on March 5, 2028, and the final third on March 5, 2029, subject to the plan’s conditions.
Was cash paid for the CDW (CDW) restricted stock units granted to Katherine Elizabeth Sanderson?
No cash was paid for this award; the per-share transaction price is reported as $0.00. This indicates the 7,797 shares were granted as equity compensation under CDW Corporation’s long-term incentive plan rather than purchased on the market.
Is the CDW (CDW) Form 4 transaction a stock purchase or an equity award?
The Form 4 transaction is an equity award, not an open-market stock purchase. It is coded as a grant or other acquisition, reflecting 7,797 restricted stock units issued under CDW’s long-term incentive plan to Katherine Elizabeth Sanderson.