CDW (CDW) director Kelly J. Grier receives 7.88 dividend equivalent shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CDW Corp director Kelly J. Grier acquired 7.88 shares of common stock as dividend equivalents tied to previously granted restricted stock units under the CDW Corporation Long-Term Incentive Plan. After this adjustment, Grier directly holds a total of 4,061.77 CDW common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Grier Kelly J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 | 7.88 | $129.30 | $1K |
Holdings After Transaction:
Common Stock, par value $0.01 — 4,061.77 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 0.78 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: 7.88 shares
Reported price per share: $129.30 per share
Total shares after transaction: 4,061.77 shares
3 metrics
Shares acquired
7.88 shares
Dividend equivalent award on June 10, 2026
Reported price per share
$129.30 per share
Value used for the 7.88-share acquisition
Total shares after transaction
4,061.77 shares
Direct CDW common stock holdings after award
Key Terms
dividend equivalents, restricted stock unit, CDW Corporation Long-Term Incentive Plan, Form 4
4 terms
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
"pursuant to outstanding restricted stock unit awards previously granted"
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.
CDW Corporation Long-Term Incentive Plan financial
"previously granted under the CDW Corporation Long-Term Incentive Plan"
Form 4 regulatory
"omitted from the Form 4 filed on March 12, 2026"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did CDW (CDW) director Kelly J. Grier report?
Kelly J. Grier reported acquiring 7.88 shares of CDW common stock. These were dividend equivalents credited in connection with previously granted restricted stock units under the CDW Corporation Long-Term Incentive Plan.
On what date did Kelly J. Grier’s latest CDW (CDW) Form 4 transaction occur?
The reported CDW Form 4 transaction for Kelly J. Grier took place on June 10, 2026. It reflects an acquisition of additional common shares as dividend equivalents associated with existing restricted stock unit awards.