[Form 4] CDW Corp Insider Trading Activity
Filing Impact
Filing Sentiment
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 Trade Summary
1 transaction reported
Mixed
1 txn
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)
- 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.
Key Figures
Restricted stock units granted: 236 units
Grant price per share: $0.00 per share
Shares after transaction: 33,025.12 shares
+3 more
6 metrics
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
Key Terms
restricted stock units, Long-Term Incentive Plan, annual director retainer, dividend equivalent awards, +1 more
5 terms
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."