CDW (NASDAQ: CDW) director granted additional shares via dividend equivalents

Rhea-AI Filing Summary

CDW Corp director Marc Ellis Jones reported a small stock-based compensation grant. He acquired 22.43 shares of CDW common stock at no cost, bringing his direct holdings to 4,490.16 shares.

The footnote explains these shares are dividend equivalents credited on previously granted restricted stock units under the CDW Corporation 2021 Long-Term Incentive Plan, so this reflects routine, compensation-related accretion rather than an open-market transaction.

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

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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^*

Jones Marc Ellis

(Last) (First) (Middle)

C/O CDW CORPORATION

200 N MILWAUKEE AVE

(Street)

VERNON HILLS IL 60061

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
03/10/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	03/10/2026		A		22.43(1)	A	$0	4,490.16	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 2021 Long-Term Incentive Plan.

Remarks:

	/s/ Debra Wasserman, Attorney-in-Fact	03/12/2026
	** 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).
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FAQ

What insider transaction did CDW (CDW) director Marc Ellis Jones report?

Marc Ellis Jones reported acquiring 22.43 shares of CDW common stock. The shares were granted at no cost as dividend equivalents tied to earlier restricted stock unit awards, reflecting routine stock-based compensation rather than an open-market purchase or sale.

How many CDW (CDW) shares does Marc Ellis Jones hold after this Form 4?

After the reported transaction, Marc Ellis Jones directly holds 4,490.16 shares of CDW common stock. This total includes the new 22.43 shares credited as dividend equivalents on previously granted restricted stock units under the company’s 2021 Long-Term Incentive Plan.

Was the CDW (CDW) insider transaction a market purchase or a stock grant?

The transaction was a stock grant, not a market purchase. The 22.43 shares were awarded at a price of $0.00 per share as dividend equivalents on outstanding restricted stock unit awards, consistent with compensation under CDW Corporation’s 2021 Long-Term Incentive Plan.

What does the Form 4 footnote reveal about the CDW (CDW) shares granted?

The footnote explains the 22.43 shares are dividend equivalents awarded in connection with outstanding restricted stock unit awards. These RSUs were previously granted under the CDW Corporation 2021 Long-Term Incentive Plan, indicating the transaction is part of ongoing equity incentive compensation.

Does the CDW (CDW) Form 4 show any insider sales by Marc Ellis Jones?

The filing does not show any sales by Marc Ellis Jones. It reports only an acquisition of 22.43 shares through a grant of dividend equivalents on restricted stock units, which increased his direct holdings to 4,490.16 shares of CDW common stock.