STOCK TITAN

CDW CFO awarded 299 shares in stock grant

CDW’s CFO received a small dividend-equivalent stock award linked to prior RSU grants, modestly increasing his direct share holdings.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

CDW Corp (CDW) reported that Chief Financial Officer and Executive Vice President, Enterprise Business Operations Albert Joseph Miralles Jr. received an acquisition of 299 shares of common stock on September 10, 2026 as a dividend-equivalent award tied to previously granted restricted stock units under the CDW Corporation 2021 Long-Term Incentive Plan. The award was valued at $142.60 per share, bringing his directly held common stock to 47,644 shares. No Rule 10b5-1 trading plan is reported for this transaction.

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Negative

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Insider MIRALLES ALBERT JOSEPH JR
Role See Remarks
Type Security Shares Price Value
Grant/Award Common Stock, par value $0.01 F1 299.33 $142.60 $43K
Holdings After Transaction: Common Stock, par value $0.01 — 47,643.8 shares (Direct)
Footnotes (1)
  1. F1. Dividend equivalents awarded pursuant to outstanding restricted stock unit awards previously granted under the CDW Corporation 2021 Long-Term Incentive Plan.
Shares acquired 299 shares Dividend-equivalent award on September 10, 2026
Per-share value $142.60 per share Value reported for the 299-share dividend-equivalent award
Holdings after transaction 47,644 shares CDW common stock directly held by the CFO after the award
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 2021"
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 2021 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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did CDW (CDW) disclose for its CFO?

CDW disclosed that its CFO, Albert Joseph Miralles Jr., received an acquisition of 299 shares of common stock on September 10, 2026 as a dividend-equivalent award related to previously granted restricted stock units under the 2021 Long-Term Incentive Plan.

At what value was the CDW (CDW) dividend-equivalent award to the CFO recorded?

The dividend-equivalent award to the CDW CFO was recorded at $142.60 per share for the 299 shares of common stock credited on September 10, 2026, as reported in the Form 4 filing.

How many CDW (CDW) shares does the CFO hold after this Form 4 transaction?

Following this transaction, CDW’s CFO directly holds 47,644 shares of CDW common stock, according to the reported total shares beneficially owned after the dividend-equivalent award.

Was the CDW (CDW) CFO’s September 2026 stock acquisition part of a Rule 10b5-1 plan?

No. The filing’s Rule 10b5-1 checkbox is not marked as affirmative, and no footnote indicates a trading plan, so no Rule 10b5-1 plan is reported for this dividend-equivalent acquisition.

What is the source of the CDW (CDW) CFO’s newly acquired 299 shares?

The 299 shares result from dividend equivalents awarded pursuant to outstanding restricted stock unit awards previously granted under the CDW Corporation 2021 Long-Term Incentive Plan, as described in the transaction footnote.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
MIRALLES ALBERT JOSEPH JR

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
See Remarks
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/10/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock, par value $0.0109/10/2026A299.33(1)A$142.647,643.8D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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:
Chief Financial Officer and Executive Vice President, Enterprise Business Operations
/s/ Stephanie Tso, Attorney-in-Fact09/14/2026
** Signature of Reporting PersonDate
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)

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