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[Form 4] CDW Corp Insider Trading Activity

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

NELMS DAVID W reported acquisition or exercise transactions in this Form 4 filing.

CDW Corp director David W. Nelms received 236 fully vested restricted stock units as equity compensation. The award was granted under the CDW Corporation Long-Term Incentive Plan in lieu of cash for the annual director retainer and will be granted quarterly in arrears.

Settlement of these restricted stock units into CDW common shares has been deferred according to the applicable award agreement. After this grant and an adjustment adding 9.5 shares for previously omitted dividend equivalent awards, Nelms holds a total of 33,025.12 CDW shares directly.

Positive

  • None.

Negative

  • None.
Insider NELMS DAVID W
Role Director
Type Security Shares Price Value
Grant/Award Common Stock, par value $0.01 236 $0.00 --
Holdings After Transaction: Common Stock, par value $0.01 — 33,025.12 shares (Direct)
Footnotes (1)
  1. This is a grant of fully vested restricted stock units under the CDW Corporation Long-Term Incentive Plan. This grant is in lieu of cash for the annual director retainer, which will be granted quarterly in arrears. Settlement into shares of CDW Corporation common stock has been deferred pursuant to each applicable award agreement. This figure has been adjusted to reflect the addition of 9.5 shares, representing dividend equivalent awards on March 10, 2026, which were inadvertently omitted from the Form 4 filed on March 12, 2026.
Restricted stock units granted 236 units Fully vested grant in lieu of cash director retainer
Grant price per share $0.00 per share Compensation grant, no cash paid by director
Shares after transaction 33,025.12 shares Total direct CDW holdings following grant and adjustment
Dividend equivalent adjustment 9.5 shares Dividend equivalent awards from March 10, 2026, added to holdings
Transaction type Grant, award, or other acquisition Form 4 code A, non-derivative common stock
Ownership type Direct ownership Reported as directly held common stock
restricted stock units financial
"This is a grant of fully vested restricted stock units under the CDW Corporation Long-Term Incentive Plan."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Long-Term Incentive Plan financial
"This is a grant of fully vested restricted stock units under the CDW Corporation Long-Term Incentive Plan."
A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.
annual director retainer financial
"This grant is in lieu of cash for the annual director retainer, which will be granted quarterly in arrears."
dividend equivalent awards financial
"This figure has been adjusted to reflect the addition of 9.5 shares, representing dividend equivalent awards on March 10, 2026,"
deferred financial
"Settlement into shares of CDW Corporation common stock has been deferred pursuant to each applicable award agreement."
SEC Form 4
FORM 4UNITED 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*
NELMS DAVID W

(Last)(First)(Middle)
C/O CDW CORPORATION
200 N MILWAUKEE AVE

(Street)
VERNON HILLS ILLINOIS 60061

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
CDW Corp [ CDW ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock, par value $0.0104/01/2026A236(1)A$033,025.12(2)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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. This is a grant of fully vested restricted stock units under the CDW Corporation Long-Term Incentive Plan. This grant is in lieu of cash for the annual director retainer, which will be granted quarterly in arrears. Settlement into shares of CDW Corporation common stock has been deferred pursuant to each applicable award agreement.
2. This figure has been adjusted to reflect the addition of 9.5 shares, representing dividend equivalent awards on March 10, 2026, which were inadvertently omitted from the Form 4 filed on March 12, 2026.
Remarks:
/s/ Debra Wasserman, Attorney-in-Fact04/03/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)