CDW Corp (CDW) director receives dividend-equivalent stock award

Rhea-AI Filing Summary

Swedish Joseph reported acquisition or exercise transactions in this Form 4 filing.

CDW Corp director Joseph Swedish reported receiving a grant of 30.54 shares of common stock as dividend equivalents tied to previously granted restricted stock units under the CDW Corporation 2021 Long-Term Incentive Plan. After this routine compensation-related award, he directly holds a total of 19,725.68 CDW common shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Swedish Joseph

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock, par value $0.01	30.54	$0.00	--

Holdings After Transaction: Common Stock, par value $0.01 — 19,725.68 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

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^*

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)
03/10/2026

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	03/10/2026		A		30.54(1)	A	$0	19,725.68	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. Dividend equivalents awarded pursuant to outstanding restricted stock unit awards previously granted under the CDW Corporation 2021 Long-Term Incentive Plan.

Remarks:

	/s/ Debra Wasserman, Attorney-in-Fact	03/12/2026
	** 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 CDW (CDW) director Joseph Swedish report?

CDW director Joseph Swedish reported an acquisition of 30.54 shares of common stock. The shares were issued as dividend equivalents credited on previously granted restricted stock units under CDW’s 2021 Long-Term Incentive Plan, representing routine equity-based compensation rather than an open-market purchase.

How many CDW (CDW) shares does Joseph Swedish own after this Form 4?

After the reported grant, Joseph Swedish directly holds 19,725.68 CDW common shares. This total reflects his updated direct ownership following the 30.54-share dividend-equivalent award related to outstanding restricted stock unit grants under the company’s 2021 Long-Term Incentive Plan.

Was the CDW (CDW) insider transaction an open-market stock purchase?

No, the transaction was not an open-market purchase. The 30.54 CDW shares were granted at no cost as dividend equivalents on previously awarded restricted stock units, categorized as a grant or award acquisition rather than a voluntary buy in the public market.

What is the source of the dividend-equivalent shares reported by CDW (CDW) director Swedish?

The dividend-equivalent shares came from CDW’s 2021 Long-Term Incentive Plan. They were awarded as additional common stock units corresponding to dividends on existing restricted stock unit awards, providing compensation alignment without Swedish executing a market transaction or paying a purchase price.

Does the CDW (CDW) Form 4 show any insider sales by Joseph Swedish?

The Form 4 does not report any sales by Joseph Swedish. It only shows an acquisition of 30.54 dividend-equivalent shares tied to restricted stock units, increasing his direct holdings to 19,725.68 CDW common shares with no disposals in this filing.