CDW director granted 1,609 restricted stock units
CDW Corp director Anthony R. Foxx reported an equity grant under the company’s long-term incentive plan.
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Rhea-AI Filing Summary
CDW Corp director Anthony R. Foxx reported an equity grant under the company’s long-term incentive plan. He acquired 1,609 shares of CDW common stock in the form of restricted stock units at a stated price of $0.00 per share, bringing his direct holdings to 6,660.21 shares after the award.
The footnote explains that these are restricted stock units that vest on the first anniversary of the grant date. Settlement into actual shares of CDW common stock has been deferred until five years after vesting, so the economic benefit is spread over a long time horizon.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 | 1,609 | $0.00 | $0.00 |
Footnotes (1)
- F1. This is a grant of restricted stock units under the CDW Corporation Long-Term Incentive Plan. The restricted stock units vest on the first anniversary of the date of grant and settlement into shares of CDW Corporation common stock has been deferred until five years following vesting.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did CDW (CDW) director Anthony R. Foxx report?
What type of equity award did CDW (CDW) grant to Anthony R. Foxx?
When do Anthony R. Foxx’s CDW (CDW) restricted stock units vest and settle?
Does the CDW (CDW) Form 4 show a stock purchase by Anthony R. Foxx?
AI-generated analysis. How Rhea-AI works. Not financial advice.