CDW director granted 7.88 dividend equivalent shares

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.

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.

Insider Trade Summary

Grant/Award: 7.88 shares

Grant/Award 1 txn

Insider Grier Kelly J

Role Director

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)

Footnotes (2)

1. F1. Dividend equivalents awarded pursuant to outstanding restricted stock unit awards previously granted under the CDW Corporation Long-Term Incentive Plan.
2. F2. 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

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

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.

How many CDW (CDW) shares does Kelly J. Grier hold after this Form 4 filing?

Following the reported transaction, Kelly J. Grier directly holds 4,061.77 shares of CDW common stock. This figure includes the newly credited 7.88 dividend equivalent shares tied to previously granted restricted stock units.

What is the nature of the 7.88 CDW (CDW) shares acquired by Kelly J. Grier?

The 7.88 shares represent dividend equivalents awarded in connection with outstanding restricted stock unit awards. They were granted under the CDW Corporation Long-Term Incentive Plan rather than purchased on the open market.

What price per share is shown for Kelly J. Grier’s CDW (CDW) Form 4 acquisition?

The Form 4 lists a price of $129.30 per share for the 7.88 CDW common shares. This price is used for reporting the value of the dividend equivalent award linked to existing restricted stock units.

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

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Accepted by SEC EDGAR 06/12/2026 - 04:04 PM EDT Learn about SEC filing dates

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^*

Grier Kelly J

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock, par value $0.01	06/10/2026		A		7.88(1)	A	$129.3	4,061.77(2)	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 Long-Term Incentive Plan.

2. 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.

Remarks:

	/s/ Stephanie Tso, Attorney-in-Fact	06/12/2026
	** 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.
* Form 4: SEC 1474 (03-26)