CDW director reports 177-unit grant; settlement deferred

Rhea-AI Filing Summary

CDW Corporation director filed a Form 4 reporting an award of 177 unrestricted stock units on 10/01/2025 (transaction code A) at $0 under the company’s Long-Term Incentive Plan. The units are 100% vested on the grant date, with settlement into CDW common shares deferred until the sooner of separation from Board service or a specified date at least five years after the grant.

After the reported transaction, the reporting person beneficially owned 17,857.23 shares, held directly.

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

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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^*

Swedish Joseph

(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)
10/01/2025

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	10/01/2025		A		177(1)	A	$0	17,857.23	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. This is a grant of unrestricted stock units under the CDW Corporation Long-Term Incentive Plan issued in lieu of quarterly payment of cash retainer fees. The unrestricted stock units are 100% vested on grant date and settlement into shares of CDW Corporation common stock has been deferred until the sooner of separation from service on the Board of Directors or a specified date at least five years following the grant date.

Remarks:

	/s/ Debra Wasserman, Attorney-in-Fact	10/03/2025
	** 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.

FAQ

What did CDW (CDW) disclose in this Form 4?

A director received 177 unrestricted stock units on 10/01/2025 at $0 under the Long-Term Incentive Plan.

How are the granted units structured for CDW (CDW)?

They are 100% vested on grant, with settlement into CDW common shares deferred until separation from Board service or a specified date at least five years after grant.

How many CDW shares does the reporting person own after the transaction?

Beneficial ownership is 17,857.23 shares, held directly.

What was the transaction code and price for the CDW grant?

Transaction code A for an acquisition at $0 per unit.

What plan governed this CDW equity award?

The award was made under the CDW Corporation Long-Term Incentive Plan in lieu of quarterly cash retainer fees.

When will the CDW units convert into shares?

Settlement into shares occurs at the sooner of separation from Board service or a specified date at least five years after the grant date.