CDW insider logs routine stock grant and tax withholding

CDW Corp insider Katherine Elizabeth Sanderson reported routine equity compensation activity.

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.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Sanderson Katherine Elizabeth

Role See Remarks

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock, par value $0.01	644.65	$118.91	$77K
Grant/Award	Common Stock, par value $0.01	104.96	$0.00	$0.00

Holdings After Transaction: Common Stock, par value $0.01 — 26,640.95 shares (Direct)

Footnotes (2)

1. F1. Dividend equivalents awarded pursuant to outstanding restricted stock unit awards previously granted under the CDW Corporation 2021 Long-Term Incentive Plan.
2. F2. 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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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.

How many CDW (CDW) shares does Katherine Elizabeth Sanderson hold after the Form 4 transactions?

Following the reported transactions, Katherine Elizabeth Sanderson directly holds 26,640.95 shares of CDW common stock. This figure reflects her position after receiving additional shares from dividend equivalents and the separate withholding of shares to cover tax liabilities on equity compensation.

What is the nature of the 104.96 CDW (CDW) shares granted to Sanderson?

The 104.96 shares represent dividend equivalents awarded in connection with previously granted restricted stock units under the CDW Corporation 2021 Long-Term Incentive Plan. These awards mirror cash dividends but are delivered as additional stock, increasing the holder’s equity position under the plan.

Why were 644.65 CDW (CDW) shares withheld in Sanderson’s Form 4 filing?

The 644.65 shares were withheld to cover taxes incurred upon settlement of a restricted stock unit award under CDW’s long-term incentive plan. Instead of paying cash, a portion of vested shares was retained by the company to satisfy the associated tax obligations.

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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 03/12/2026 - 07:26 PM EDT Learn about SEC filing dates

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^*

Sanderson Katherine Elizabeth

(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)

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

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		104.96(1)	A	$0	27,285.6	D
Common Stock, par value $0.01	03/12/2026		F		644.65(2)	D	$118.91	26,640.95	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.

2. 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.

Remarks:

Chief Human Resources Officer and Executive Vice President, Coworker Success

	/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.