CDW Corp director acquires shares via dividend equivalents

CDW Corp reported that a director acquired additional shares of its common stock as dividend equivalents on previously granted restricted stock unit awards under the CDW Corporation Long-Term Incentive Plan.

Rhea-AI Filing Summary

CDW Corp reported that a director acquired additional shares of its common stock as dividend equivalents on previously granted restricted stock unit awards under the CDW Corporation Long-Term Incentive Plan. On 12/10/2025, the director received 11.99 shares of common stock at a reported price of $149.54 per share.

After this acquisition, the director directly beneficially owned 2,858.73 shares of CDW Corp common stock. The transaction was classified as an acquisition of non-derivative securities and was reported as being held in direct ownership.

Insider Trade Summary

Grant/Award: 11.99 shares

Grant/Award 1 txn

Insider Jones Marc Ellis

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock, par value $0.01	11.99	$149.54	$2K

Holdings After Transaction: Common Stock, par value $0.01 — 2,858.73 shares (Direct)

Footnotes (1)

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

FAQ

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

What insider transaction did CDW (CDW) report in this Form 4?

A CDW Corp director reported acquiring additional shares of CDW common stock as dividend equivalents on restricted stock unit awards under the CDW Corporation Long-Term Incentive Plan.

How many CDW Corp shares did the director receive in this transaction?

The director received 11.99 shares of CDW Corp common stock in the form of dividend equivalents on 12/10/2025.

What is the director's total CDW share ownership after this Form 4 transaction?

Following the reported transaction, the director directly beneficially owned 2,858.73 shares of CDW Corp common stock.

What price was reported for the dividend-equivalent CDW shares?

The Form 4 shows a reported price of $149.54 per share for the 11.99 dividend-equivalent shares of CDW common stock.

How were the dividend-equivalent shares at CDW Corp awarded?

The 11.99 shares were described as dividend equivalents awarded pursuant to outstanding restricted stock unit awards previously granted under the CDW Corporation Long-Term Incentive Plan.

What is the reporting person's relationship to CDW Corp in this filing?

The reporting person is identified as a director of CDW Corp and reports the securities as held in direct ownership.

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

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Accepted by SEC EDGAR 12/12/2025 - 04:06 PM EST 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^*

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)
12/10/2025

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	12/10/2025		A		11.99(1)	A	$149.54	2,858.73	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.

Remarks:

	/s/ Debra Wasserman, Attorney-in-Fact	12/12/2025
	** 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.