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CDW Corp (CDW) director granted 78.98-share dividend equivalent award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.

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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*
ZARCONE DONNA F

(Last) (First) (Middle)
C/O CDW CORPORATION
200 N MILWAUKEE AVE

(Street)
VERNON HILLS IL 60061

(City) (State) (Zip)
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)
3. Date of Earliest Transaction (Month/Day/Year)
03/10/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock, par value $0.01 03/10/2026 A 78.98(1) A $0 22,957.81 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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Dividend equivalents awarded pursuant to outstanding restricted stock unit awards previously granted under the CDW Corporation 2021 Long-Term Incentive Plan.
Remarks:
/s/ Debra Wasserman, Attorney-in-Fact 03/12/2026
** 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.

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.

How many CDW (CDW) shares does Donna Zarcone hold after this Form 4?

After the reported award, Zarcone holds 22,957.81 CDW shares directly. The Form 4 shows this updated ownership figure following the 78.98-share dividend equivalent grant related to outstanding restricted stock unit awards under CDW’s 2021 Long-Term Incentive Plan.

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.
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VERNON HILLS