STOCK TITAN

Stock awards for CDW Corp (CDW) director and Lead Independent

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

Rhea-AI Filing Summary

CDW Corp director James A. Bell reported stock-based awards rather than open-market trades. On 2026-03-05, he acquired 1,609 and 402 shares of common stock at $0.00 per share through grants classified as “grant, award, or other acquisition.”

Footnotes explain these are restricted stock units granted under the CDW Corporation Long-Term Incentive Plan, including a grant for his service as Lead Independent Director. The units vest on the first anniversary of the grant date, and settlement into CDW common stock is deferred until his separation from service on the Board of Directors.

Positive

  • None.

Negative

  • None.
Insider BELL JAMES A
Role Director
Type Security Shares Price Value
Grant/Award Common Stock, par value $0.01 1,609 $0.00 --
Grant/Award Common Stock, par value $0.01 402 $0.00 --
Holdings After Transaction: Common Stock, par value $0.01 — 25,731.53 shares (Direct)
Footnotes (1)
  1. This is a grant of restricted stock units under the CDW Corporation Long-Term Incentive Plan. The restricted stock units vest on the first anniversary of the date of grant and settlement into shares of CDW Corporation common stock has been deferred until separation from service on the Board of Directors. This is a grant of restricted stock units under the CDW Corporation Long-Term Incentive Plan for Mr. Bell's service as Lead Independent Director. The restricted stock units vest on the first anniversary of the date of grant and settlement into shares of CDW Corporation common stock is deferred until separation from service on the Board of Directors.
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
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*
BELL JAMES A

(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)
03/05/2026
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 03/05/2026 A 1,609(1) A $0 25,731.53 D
Common Stock, par value $0.01 03/05/2026 A 402(2) A $0 26,133.53 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 restricted stock units under the CDW Corporation Long-Term Incentive Plan. The restricted stock units vest on the first anniversary of the date of grant and settlement into shares of CDW Corporation common stock has been deferred until separation from service on the Board of Directors.
2. This is a grant of restricted stock units under the CDW Corporation Long-Term Incentive Plan for Mr. Bell's service as Lead Independent Director. The restricted stock units vest on the first anniversary of the date of grant and settlement into shares of CDW Corporation common stock is deferred until separation from service on the Board of Directors.
Remarks:
/s/ Debra Wasserman, Attorney-in-Fact 03/09/2026
** 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 insider transaction did James A. Bell report for CDW (CDW)?

James A. Bell reported acquiring CDW common stock through equity awards, not market purchases. He received two grants on 2026-03-05 classified as “grant, award, or other acquisition,” reflecting restricted stock unit awards under the CDW Corporation Long-Term Incentive Plan tied to his board service.

How many CDW shares did James A. Bell acquire in the latest Form 4?

James A. Bell acquired 1,609 shares and 402 shares of CDW common stock through award grants. These awards increased his directly held total to 25,731.53 shares after the first grant and 26,133.53 shares after the second, according to the ownership figures disclosed in the filing.

What are the vesting terms of James A. Bell’s CDW restricted stock units?

The restricted stock units granted to James A. Bell vest on the first anniversary of the grant date. According to the footnotes, settlement into shares of CDW Corporation common stock is deferred until his separation from service on the Board of Directors, extending the holding timeline.

Under what plan were James A. Bell’s CDW equity awards granted?

James A. Bell’s awards were granted under the CDW Corporation Long-Term Incentive Plan. Footnotes specify that both grants are restricted stock units, with one explicitly tied to his service as Lead Independent Director, reinforcing that these awards are part of standard long-term board compensation.

How is James A. Bell’s role as Lead Independent Director reflected in these CDW grants?

One of the restricted stock unit grants is specifically for James A. Bell’s service as Lead Independent Director. The filing notes this award also vests on the first anniversary of the grant date, with settlement deferred until he leaves the CDW Board of Directors.