CDW director buys 18,000 shares in open market

CDW Corp director David W. Nelms reported an open-market purchase of 18,000 shares of CDW common stock at a price of $111.43 per share.

Filing Impact

(Very High)

Filing Sentiment

(Positive)How Sentiment works

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Form Type

Rhea-AI Filing Summary

CDW Corp director David W. Nelms reported an open-market purchase of 18,000 shares of CDW common stock at a price of $111.43 per share. After this transaction, he directly owns a total of 51,025.12 shares of CDW common stock.

Insider Trade Summary

Net Buyer: 18,000 shares

Net Buy 1 txn

Insider NELMS DAVID W

Role Director

Bought 18,000 shs ($2.01M)

Type	Security	Shares	Price	Value
Purchase	Common Stock, par value $0.01	18,000	$111.43	$2.01M

Holdings After Transaction: Common Stock, par value $0.01 — 51,025.12 shares (Direct)

Footnotes (1)

F1. Represents shares of common stock purchased by the reporting person on the open market.

Key Figures

Shares purchased: 18,000 shares Purchase price: $111.43 per share Total shares after transaction: 51,025.12 shares +2 more

5 metrics

Shares purchased 18,000 shares Open-market purchase on May 27, 2026

Purchase price $111.43 per share Price for the 18,000-share buy

Total shares after transaction 51,025.12 shares Direct ownership following the purchase

Buy transactions 1 transaction Count of buy entries in this Form 4

Net buy/sell shares 18,000 shares Net effect of reported transactions (net-buy)

Key Terms

open-market purchase, Common Stock, par value $0.01, transaction code P, direct ownership

4 terms

open-market purchase financial

"Represents shares of common stock purchased by the reporting person on the open market."

An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.

Common Stock, par value $0.01 financial

"security_title: Common Stock, par value $0.01"

transaction code P regulatory

"transaction_code_description: Purchase in open market or private transaction"

direct ownership financial

"ownership_type: direct"

FAQ

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

What insider transaction did CDW (CDW) report for David W. Nelms?

CDW reported that director David W. Nelms made an open-market purchase of 18,000 shares of CDW common stock. The transaction was coded as a purchase (P) and classified as a non-derivative transaction involving common stock with a par value of $0.01.

At what price did David W. Nelms buy CDW (CDW) shares?

David W. Nelms bought CDW common stock at a price of $111.43 per share. The filing identifies this as an open-market purchase, with the price applying to the 18,000 shares acquired in the reported Form 4 transaction on May 27, 2026.

How many CDW (CDW) shares does David W. Nelms own after this transaction?

Following the reported purchase, David W. Nelms directly owns 51,025.12 shares of CDW common stock. This total reflects his holdings immediately after acquiring 18,000 additional shares through the open-market transaction disclosed in the Form 4 filing.

What does transaction code P mean in the CDW (CDW) Form 4 filing?

In this Form 4, transaction code P indicates a purchase in the open market or a private transaction. The filing specifies that Nelms’s 18,000-share transaction is an open-market purchase of CDW common stock, rather than a derivative exercise, gift, or tax-related disposition.

Is the CDW (CDW) transaction by David W. Nelms a direct or indirect holding?

The filing classifies David W. Nelms’s ownership as direct, marked with code D for direct ownership. The footnote further clarifies that the 18,000 shares represent common stock purchased by the reporting person on the open market, not through an intermediary entity.

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

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Accepted by SEC EDGAR 05/29/2026 - 04:03 PM EDT

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^*

NELMS DAVID W

(Last)

(First)

(Middle)

C/O CDW CORPORATION

200 N MILWAUKEE AVE

(Street)

VERNON HILLS

ILLINOIS

60061

(City)

(State)

(Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/27/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock, par value $0.01	05/27/2026		P		18,000⁽¹⁾	A	$111.43	51,025.12	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Represents shares of common stock purchased by the reporting person on the open market.

Remarks:

	/s/ Stephanie Tso, Attorney-in-Fact	05/29/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR