CDW Corp (NASDAQ: CDW) director receives dividend-equivalent stock award

Rhea-AI Filing Summary

CDW Corp director Anthony R. Foxx reported a small stock-based compensation award. On March 10, 2026, he acquired 33.43 shares of CDW common stock at no cash cost through dividend equivalents tied to previously granted restricted stock units under the CDW Corporation 2021 Long-Term Incentive Plan.

After this award, Foxx directly holds 6,693.64 shares of CDW common stock. This is a routine compensation-related acquisition rather than an open-market purchase.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Foxx Anthony R

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock, par value $0.01	33.43	$0.00	--

Holdings After Transaction: Common Stock, par value $0.01 — 6,693.64 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

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^*

Foxx Anthony R

(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)
03/10/2026

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		33.43(1)	A	$0	6,693.64	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.

Remarks:

	/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.
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 Anthony R. Foxx report in this Form 4?

Anthony R. Foxx reported receiving 33.43 shares of CDW common stock. These were granted as dividend equivalents on existing restricted stock units, reflecting routine stock-based compensation rather than an open-market transaction, and increased his direct holdings to 6,693.64 shares.

Was the CDW (CDW) Form 4 transaction an open-market stock purchase or sale?

The Form 4 does not show an open-market trade. It reports an “A” code grant, where Foxx acquired 33.43 shares via dividend equivalents on restricted stock units, with no price paid per share, indicating compensation, not a market buy or sell.

How many CDW (CDW) shares does Anthony R. Foxx hold after this transaction?

Following the reported award, Anthony R. Foxx directly holds 6,693.64 shares of CDW common stock. The increase comes from a 33.43-share dividend equivalent grant associated with previously awarded restricted stock units under CDW’s 2021 Long-Term Incentive Plan.

What is the nature of the 33.43 CDW (CDW) shares reported on this Form 4?

The 33.43 shares are dividend equivalents granted on outstanding restricted stock units. They were awarded under the CDW Corporation 2021 Long-Term Incentive Plan, carry a transaction code “A” for grant or award, and had a reported price per share of $0.0000.

Does the CDW (CDW) Form 4 suggest any change in insider sentiment?

This Form 4 reflects a small, routine stock-based compensation grant, not a discretionary trade. The 33.43-share dividend equivalent award on existing restricted stock units is standard for equity plans and provides limited information about Anthony R. Foxx’s market view on CDW.