Director Marc Ellis Jones receives 1,609 CDW (CDW) restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CDW Corp director Marc Ellis Jones received an equity grant. He acquired 1,609 shares of common stock in the form of restricted stock units under the CDW Corporation Long-Term Incentive Plan. After this award, his direct holdings total 4,467.73 shares of CDW common stock.
The restricted stock units vest on the first anniversary of the grant date, and settlement into CDW common shares is deferred until his separation from service on the Board of Directors.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Jones Marc Ellis
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 | 1,609 | $0.00 | -- |
Holdings After Transaction:
Common Stock, par value $0.01 — 4,467.73 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did CDW (CDW) disclose for Marc Ellis Jones?
CDW disclosed that director Marc Ellis Jones received a grant of 1,609 restricted stock units of CDW common stock. The award was made under the CDW Corporation Long-Term Incentive Plan as a form of equity-based director compensation.
When do Marc Ellis Jones’s new CDW (CDW) restricted stock units vest?
The restricted stock units granted to Marc Ellis Jones vest on the first anniversary of the grant date. Vesting means the units become earned, but settlement into actual CDW common shares occurs later, according to the plan’s terms described in the filing.
What plan governs Marc Ellis Jones’s CDW (CDW) restricted stock award?
The grant to Marc Ellis Jones was issued under the CDW Corporation Long-Term Incentive Plan. This plan provides equity-based compensation, such as restricted stock units, to align directors’ interests with shareholders through awards tied to CDW common stock.