CDW Corp (CDW) awards 660 restricted stock units to officer Locy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LOCY PETER R reported acquisition or exercise transactions in this Form 4 filing.
CDW Corp officer PETER R LOCY reported receiving an equity award of 660 shares of common stock on March 5, 2026. The shares were granted at $0.00 per share as restricted stock units under the CDW Corporation Long-Term Incentive Plan.
The restricted stock units vest in three equal installments, with one-third vesting on each of March 5, 2027, March 5, 2028, and March 5, 2029. After this award, Locy directly owns 4,053.52 shares of CDW common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
LOCY PETER R
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 | 660 | $0.00 | -- |
Holdings After Transaction:
Common Stock, par value $0.01 — 4,053.52 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did CDW (CDW) report for Peter R. Locy?
CDW reported that officer Peter R. Locy received a grant of 660 restricted stock units of common stock on March 5, 2026. The award was granted at $0.00 per share under the CDW Corporation Long-Term Incentive Plan.
What type of equity award did CDW grant to Peter R. Locy?
CDW granted Peter R. Locy restricted stock units representing 660 shares of common stock. These units were issued at a stated price of $0.00 per share under the company’s Long-Term Incentive Plan, indicating a compensation-based equity award rather than a market purchase.
When do Peter R. Locy’s CDW restricted stock units vest?
The 660 restricted stock units granted to Peter R. Locy vest in three equal installments. One-third vests on March 5, 2027, another third on March 5, 2028, and the final third on March 5, 2029, according to the Form 4 footnote.
Was the CDW equity award to Peter R. Locy a purchase or a grant?
The transaction was a grant, not a market purchase. The Form 4 classifies it as a grant or award acquisition, with transaction code “A” and a price of $0.00 per share, reflecting stock-based compensation rather than an open-market buy.