CDW (CDW) executive adds dividend-equivalent share grant, total holdings 21,678
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CDW Corp executive Mukesh Kumar reported an automatic acquisition of 105.11 shares of common stock on June 10, 2026 at $129.30 per share. These shares are dividend equivalents tied to previously granted restricted stock units, bringing his direct holdings to 21,677.7 shares after a small prior adjustment for omitted dividend equivalents.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kumar Mukesh
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 | 105.11 | $129.30 | $14K |
Holdings After Transaction:
Common Stock, par value $0.01 — 21,677.7 shares (Direct, null)
Footnotes (1)
- Dividend equivalents awarded pursuant to outstanding restricted stock unit awards previously granted under the CDW Corporation Long-Term Incentive Plan. This figure has been adjusted to reflect the addition of 6.23 shares, representing dividend equivalent awards on March 10, 2026, which were inadvertently omitted from the Form 4 filed on March 12, 2026.
Key Figures
Shares acquired: 105.11 shares
Grant reference price: $129.30 per share
Shares held after transaction: 21,677.7 shares
+1 more
4 metrics
Shares acquired
105.11 shares
Grant of dividend equivalents on June 10, 2026
Grant reference price
$129.30 per share
Value used for dividend equivalent award
Shares held after transaction
21,677.7 shares
Direct CDW common stock ownership following the grant
Omitted prior dividend equivalents
6.23 shares
Dividend equivalents from March 10, 2026 now included in total
Key Terms
Dividend equivalents, restricted stock unit awards, Long-Term Incentive Plan, transaction code A
4 terms
Dividend equivalents financial
"Dividend equivalents awarded pursuant to outstanding restricted stock unit awards previously granted under the CDW Corporation Long-Term Incentive Plan."
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 awards financial
"Dividend equivalents awarded pursuant to outstanding restricted stock unit awards previously granted under the CDW Corporation Long-Term Incentive Plan."
Restricted stock unit awards are company promises to deliver a specific number of shares to employees or service providers in the future once conditions—such as staying with the company for a set time or meeting performance targets—are met. They matter to investors because when the promises convert into actual shares they increase the total share count and can reduce earnings per share, while also aligning recipients’ interests with stock performance much like deferred pay that turns into ownership if goals are met.
Long-Term Incentive Plan financial
"previously granted under the CDW Corporation 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.
transaction code A financial
"transaction_code": "A","transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transaction did CDW (CDW) report for Mukesh Kumar?
CDW reported that executive Mukesh Kumar acquired 105.11 shares of common stock as a grant on June 10, 2026. The acquisition reflects dividend equivalent shares tied to earlier restricted stock unit awards under CDW’s long-term incentive plan.
Was the CDW (CDW) Form 4 transaction an open-market stock purchase?
No, the Form 4 shows a grant-type acquisition, not an open-market purchase. The 105.11 shares represent dividend equivalents credited at $129.30 per share in connection with previously granted restricted stock units, rather than discretionary buying in the market.
What are dividend equivalents in the CDW (CDW) insider filing?
Dividend equivalents are additional share units credited in connection with outstanding restricted stock units when dividends are paid. In this filing, 105.11 CDW shares were awarded as dividend equivalents under the CDW Corporation Long-Term Incentive Plan, increasing the executive’s direct share holdings.