CDW director receives 92-share stock-based award
CDW Corp director Virginia C. Addicott received a stock-based award linked to existing restricted stock units.
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Rhea-AI Filing Summary
CDW Corp director Virginia C. Addicott received a stock-based award linked to existing restricted stock units. On this Form 4, she acquired 92.37 shares of common stock at no cash cost as a grant or award. Following this transaction, she directly holds 18,497.83 shares of CDW common stock.
The footnote explains these 92.37 shares are dividend equivalents credited under previously granted restricted stock unit awards from the CDW Corporation 2021 Long-Term Incentive Plan, making this a routine compensation-related adjustment rather than an open-market purchase.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 | 92.37 | $0.00 | $0.00 |
Footnotes (1)
- F1. Dividend equivalents awarded pursuant to outstanding restricted stock unit awards previously granted under the CDW Corporation 2021 Long-Term Incentive Plan.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did CDW (CDW) director Virginia C. Addicott report on this Form 4?
Is Virginia C. Addicott buying or selling CDW (CDW) stock in this filing?
What are dividend equivalents in the context of CDW (CDW) restricted stock units?
Does CDW (CDW) receive any cash from this Form 4 transaction?
AI-generated analysis. How Rhea-AI works. Not financial advice.