CDW (NASDAQ: CDW) officer reports stock grant and tax-share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CDW Corp insider Katherine Elizabeth Sanderson reported routine equity compensation activity. She received 104.96 shares of common stock as dividend equivalents tied to existing restricted stock units under CDW’s long-term incentive plan. Separately, 644.65 shares were withheld to cover taxes on a restricted stock unit settlement. After these transactions, she directly holds 26,640.95 shares of CDW common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Sanderson Katherine Elizabeth
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, par value $0.01 | 644.65 | $118.91 | $77K |
| Grant/Award | Common Stock, par value $0.01 | 104.96 | $0.00 | -- |
Holdings After Transaction:
Common Stock, par value $0.01 — 26,640.95 shares (Direct)
Footnotes (1)
- Dividend equivalents awarded pursuant to outstanding restricted stock unit awards previously granted under the CDW Corporation 2021 Long-Term Incentive Plan. Represents shares withheld to cover taxes incurred in connection with the settlement of the restricted stock unit award previously granted under the CDW Corporation Long-Term Incentive Plan.
FAQ
What insider transactions did CDW (CDW) report for Katherine Elizabeth Sanderson?
CDW reported that Katherine Elizabeth Sanderson received 104.96 shares of common stock as a grant related to dividend equivalents and had 644.65 shares withheld to cover taxes from a restricted stock unit settlement, all within the company’s long-term incentive plans.
Were the recent CDW (CDW) insider transactions open-market buys or sells?
The reported transactions were not open-market buys or sells. Sanderson received 104.96 shares as a grant and 644.65 shares were withheld to satisfy tax obligations on restricted stock units, making them compensation and tax-related events rather than discretionary trading.
Does Sanderson’s CDW (CDW) Form 4 indicate any derivative exercises or options activity?
The filing does not show any derivative or option exercises. It reflects only non-derivative common stock transactions: a grant of 104.96 shares as dividend equivalents and the withholding of 644.65 shares for tax purposes tied to restricted stock unit compensation.