CDW Corp (CDW) director granted 78.98-share dividend equivalent award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CDW Corp director Donna F. Zarcone reported an acquisition of 78.98 shares of common stock on a Form 4. These shares are dividend equivalents awarded in connection with previously granted restricted stock units under the CDW Corporation 2021 Long-Term Incentive Plan. After this award, she directly holds 22,957.81 CDW shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
ZARCONE DONNA F
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 | 78.98 | $0.00 | -- |
Holdings After Transaction:
Common Stock, par value $0.01 — 22,957.81 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did CDW (CDW) director Donna Zarcone report?
Donna Zarcone reported receiving 78.98 CDW shares as a stock-based award. The shares are dividend equivalents tied to previously granted restricted stock units under the CDW Corporation 2021 Long-Term Incentive Plan, reflecting routine director compensation rather than an open-market purchase or sale.
Was the CDW (CDW) insider transaction a stock purchase or sale?
The CDW transaction was an acquisition via grant, not a market buy or sale. Zarcone received 78.98 shares as dividend equivalents on restricted stock units, with no price paid per share, as part of the company’s long-term incentive compensation program.
What is a dividend equivalent award in the CDW (CDW) Form 4 filing?
A dividend equivalent award credits additional shares on restricted stock units to mirror cash dividends paid on common stock. In this case, Zarcone received 78.98 CDW shares as dividend equivalents tied to outstanding RSUs granted under the 2021 Long-Term Incentive Plan.
Does the CDW (CDW) Form 4 indicate any option exercises or derivative trades?
The Form 4 shows no option or derivative exercises. It reports only a non-derivative acquisition of 78.98 common shares as dividend equivalents on existing restricted stock unit awards, with no derivative positions or exercises listed in the derivative transaction summary.