CDW Corp (CDW) CCO Elizabeth Connelly exercises options and sells 26,695 shares
Rhea-AI Filing Summary
CDW Corp executive Elizabeth H. Connelly, Chief Commercial Officer and Executive Vice President, exercised employee stock options and sold the resulting common shares on August 7, 2026. She exercised options for 26,695 shares of common stock at strike prices of $95.57 and $98.21 per share, then sold 26,695 shares of common stock at a weighted average price of $137.62 per share, with individual sale prices ranging from $137.345 to $137.978 according to the filing footnote.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and Sale: 26,695 shares ($1.08M approx. pre-tax spread)
Exercise and Sale
5 txns
Insider
CONNELLY ELIZABETH H.
Role
See Remarks
Sold
26,695 shs ($3.67M)
Approx. gross sale proceeds
$3.67M
Approx. exercise cost
$2.59M
Approx. pre-tax spread
$1.08M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (Right to Buy) F2 | 11,795 | $0.00 | $0.00 |
| Exercise | Employee Stock Option (Right to Buy) F3 | 14,900 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.01 | 11,795 | $95.57 | $1.13M |
| Exercise | Common Stock, par value $0.01 | 14,900 | $98.21 | $1.46M |
| Sale | Common Stock, par value $0.01 F1 | 26,695 | $137.62 | $3.67M |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 0 shares (Direct);
Common Stock, par value $0.01 — 34,215.46 shares (Direct)
Footnotes (3)
- F1. The price reported is the average weighted price. The shares were sold in multiple transactions at prices ranging from $137.345 to $137.978, inclusive. The reporting person undertakes to provide to the SEC, the Issuer and any security holder, the full information regarding the number of shares and the prices at which the shares were sold.
- F2. 11,795 options were granted of which one third of the shares vested on each of February 25, 2020, 2021, and 2022. The grant was made under the CDW Corporation Long-Term Incentive Plan.
- F3. 14,900 options were granted of which one third of the shares vested on each of March 9, 2021, 2022, and 2023. The grant was made under the CDW Corporation Long-Term Incentive Plan.
Key Figures
Shares sold: 26,695 shares
Weighted average sale price: $137.62 per share
Options exercised at $95.57: 11,795 shares
+2 more
5 metrics
Shares sold
26,695 shares
Common stock sold on August 7, 2026
Weighted average sale price
$137.62 per share
Common stock sale on August 7, 2026; prices ranged $137.345–$137.978
Options exercised at $95.57
11,795 shares
Employee stock options exercised with $95.57 strike, expiring February 25, 2029
Options exercised at $98.21
14,900 shares
Employee stock options exercised with $98.21 strike, expiring March 9, 2030
Total options exercised
26,695 shares
Total underlying common shares from option exercises on August 7, 2026
Key Terms
Employee Stock Option (Right to Buy), weighted average price, CDW Corporation Long-Term Incentive Plan
3 terms
Employee Stock Option (Right to Buy) financial
"security_title: Employee Stock Option (Right to Buy)"
weighted average price financial
"The price reported is the average weighted price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
CDW Corporation Long-Term Incentive Plan financial
"The grant was made under the CDW Corporation Long-Term Incentive Plan."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did CDW (CDW) executive Elizabeth H. Connelly report in this Form 4?
Elizabeth H. Connelly reported exercising employee stock options for CDW common shares and selling 26,695 shares of CDW Corp common stock on August 7, 2026.
What CDW (CDW) stock options did Elizabeth H. Connelly exercise?
She exercised employee stock options covering 26,695 shares of CDW common stock, with strike prices of $95.57 and $98.21 per share, originally granted under the CDW Corporation Long-Term Incentive Plan.
Were the CDW (CDW) insider transactions under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not checked, and the footnotes do not state that the transactions were made under a Rule 10b5-1 trading plan or other pre-arranged trading arrangement.
What role does Elizabeth H. Connelly hold at CDW (CDW)?
Elizabeth H. Connelly is identified as CDW Corp’s Chief Commercial Officer and Executive Vice President, and she reported these option exercises and share sales in that capacity as an officer.