CDW (CDW) director Addicott receives dividend-equivalent stock award, now holds 18,593 shares

Q: Was the CDW (CDW) insider transaction an open-market purchase or a grant?

The CDW transaction was a grant/award acquisition , not an open-market purchase. The 90.14 shares were credited as dividend equivalents on restricted stock units, reflecting compensation mechanics rather than discretionary buying in the market.

Q: How many CDW (CDW) shares does Virginia C. Addicott hold after this Form 4?

After the reported award, Virginia C. Addicott holds 18,593.33 CDW common shares directly. This figure includes the newly credited 90.14 dividend equivalent shares tied to previously granted restricted stock unit awards under the company’s long-term incentive plan.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

ADDICOTT VIRGINIA C. reported acquisition or exercise transactions in this Form 4 filing.

CDW Corp director Virginia C. Addicott received 90.14 shares of common stock as a compensation-related award. These shares were dividend equivalents tied to previously granted restricted stock units under the CDW Corporation Long-Term Incentive Plan, bringing her direct holdings to 18,593.33 shares after the transaction.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider ADDICOTT VIRGINIA C.

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock, par value $0.01	90.14	$129.30	$12K

Holdings After Transaction: Common Stock, par value $0.01 — 18,593.33 shares (Direct, null)

Footnotes (1)

Dividend equivalents awarded pursuant to outstanding restricted stock unit awards previously granted under the CDW Corporation Long-Term Incentive Plan. This figure has been adjusted to reflect the addition of 5.36 shares, representing dividend equivalent awards on March 10, 2026, which were inadvertently omitted from the Form 4 filed on March 12, 2026.

Key Figures

Shares awarded: 90.14 shares Award reference price: $129.30 per share Post-transaction holdings: 18,593.33 shares +2 more

5 metrics

Shares awarded 90.14 shares Dividend equivalents grant on common stock

Award reference price $129.30 per share Price per share for the 90.14-share award

Post-transaction holdings 18,593.33 shares Direct CDW common stock after the grant

Prior omitted dividend equivalents 5.36 shares Dividend equivalents from March 10, 2026 later added

Transaction code A (Grant, award, or other acquisition) Indicates compensation-related share acquisition

Key Terms

dividend equivalents, restricted stock unit, Long-Term Incentive Plan, Grant, award, or other acquisition

4 terms

dividend equivalents financial

"Dividend equivalents awarded pursuant to outstanding restricted stock unit awards"

Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.

restricted stock unit financial

"outstanding restricted stock unit awards previously granted under the CDW Corporation Long-Term Incentive Plan"

A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.

Long-Term Incentive Plan financial

"previously granted under the CDW Corporation Long-Term Incentive Plan"

A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

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Form 4 Insider Transactions: What Each Field Means →

06/12/2026 - 04:04 PM

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^*

ADDICOTT VIRGINIA C.

(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)
06/10/2026

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	06/10/2026		A		90.14⁽¹⁾	A	$129.3	18,593.33⁽²⁾	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. Dividend equivalents awarded pursuant to outstanding restricted stock unit awards previously granted under the CDW Corporation Long-Term Incentive Plan.

2. This figure has been adjusted to reflect the addition of 5.36 shares, representing dividend equivalent awards on March 10, 2026, which were inadvertently omitted from the Form 4 filed on March 12, 2026.

Remarks:

	/s/ Stephanie Tso, Attorney-in-Fact	06/12/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did CDW (CDW) director Virginia C. Addicott report?

Virginia C. Addicott reported acquiring 90.14 CDW common shares as a grant. The award represents dividend equivalents credited on existing restricted stock units, increasing her direct ownership to 18,593.33 shares following the transaction.

Was the CDW (CDW) insider transaction an open-market purchase or a grant?

The CDW transaction was a grant/award acquisition, not an open-market purchase. The 90.14 shares were credited as dividend equivalents on restricted stock units, reflecting compensation mechanics rather than discretionary buying in the market.

How many CDW (CDW) shares does Virginia C. Addicott hold after this Form 4?

After the reported award, Virginia C. Addicott holds 18,593.33 CDW common shares directly. This figure includes the newly credited 90.14 dividend equivalent shares tied to previously granted restricted stock unit awards under the company’s long-term incentive plan.

What does ‘dividend equivalents’ mean in the CDW (CDW) Form 4 filing?

Dividend equivalents are additional share units credited to match dividends on underlying awards. In this CDW filing, 90.14 shares were granted as dividend equivalents on outstanding restricted stock units, effectively mimicking dividend payouts for equity-based compensation awards.

Why does the CDW (CDW) Form 4 mention an adjustment of 5.36 shares?

The Form 4 notes that the holding figure was adjusted to add 5.36 shares. These represented dividend equivalent awards on March 10, 2026, which were inadvertently omitted from a prior Form 4 filed on March 12, 2026, and are now reflected.

Does the CDW (CDW) insider award indicate any derivative or option exercise?

No derivative or option exercise is reported in this Form 4. The 90.14 shares are a grant of dividend equivalents on existing restricted stock units, meaning they arise from prior awards rather than from exercising options or other derivatives.