Officer at CDW (CDW) receives 11,024 restricted stock units grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kumar Mukesh reported acquisition or exercise transactions in this Form 4 filing.
CDW Corp reported that officer Mukesh Kumar received a grant of 11,024 shares of common stock as a restricted stock unit award, at a price of $0.00 per share. These restricted stock units vest in three equal parts on March 5 of 2027, 2028, and 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kumar Mukesh
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 | 11,024 | $0.00 | -- |
Holdings After Transaction:
Common Stock, par value $0.01 — 21,458.66 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did CDW (CDW) report for Mukesh Kumar?
CDW reported that officer Mukesh Kumar received a grant of 11,024 restricted stock units of common stock. The award was recorded at $0.00 per share and is classified as a grant or other acquisition, not an open-market purchase or sale.
What are the vesting terms of Mukesh Kumar’s CDW restricted stock units?
The 11,024 restricted stock units granted to Mukesh Kumar vest in three equal installments. One third of the award vests on March 5, 2027, another third on March 5, 2028, and the final third on March 5, 2029, under CDW’s long-term plan.
Under which plan were Mukesh Kumar’s new CDW restricted stock units granted?
The award was granted under the CDW Corporation Long-Term Incentive Plan. This plan provides equity-based compensation such as restricted stock units, and the filing specifies that Mukesh Kumar’s 11,024-unit grant is structured and vesting according to that long-term incentive framework.
Was cash paid for the CDW restricted stock units granted to Mukesh Kumar?
No cash purchase price was recorded for this award; the Form 4 lists a transaction price of $0.00 per share. The filing characterizes it as a grant or award acquisition of restricted stock units, not an open-market cash transaction for CDW common stock.