Director Anthony R. Foxx receives 1,609 CDW (CDW) restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Foxx Anthony R
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 | 1,609 | $0.00 | -- |
Holdings After Transaction:
Common Stock, par value $0.01 — 6,660.21 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did CDW (CDW) director Anthony R. Foxx report?
Anthony R. Foxx reported receiving a grant of 1,609 restricted stock units of CDW common stock. The award was recorded at a price of $0.00 per share and is part of CDW Corporation’s Long-Term Incentive Plan, structured as equity compensation rather than an open-market purchase.
What type of equity award did CDW (CDW) grant to Anthony R. Foxx?
CDW granted Anthony R. Foxx restricted stock units covering 1,609 shares of common stock. These units were issued at a stated price of $0.00 per share under the CDW Corporation Long-Term Incentive Plan, representing non-cash, stock-based compensation rather than a market transaction.
When do Anthony R. Foxx’s CDW (CDW) restricted stock units vest and settle?
The restricted stock units vest on the first anniversary of the grant date. According to the footnote, settlement into shares of CDW common stock is deferred until five years after vesting, meaning the actual delivery of shares occurs well after the initial vesting event.
Does the CDW (CDW) Form 4 show a stock purchase by Anthony R. Foxx?
The Form 4 shows an acquisition coded as a grant or award, not an open-market stock purchase. Anthony R. Foxx received 1,609 restricted stock units at $0.00 per share as equity compensation under CDW’s Long-Term Incentive Plan, subject to vesting and deferred settlement conditions.