CDW insider granted 298 shares as dividend equivalents

LEAHY CHRISTINE A reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

LEAHY CHRISTINE A reported acquisition or exercise transactions in this Form 4 filing.

CDW Corp director and officer Christine A. Leahy reported routine equity compensation activity. She received 298.44 shares of common stock as dividend equivalents tied to previously granted restricted stock units under the CDW Corporation Long-Term Incentive Plan, using a reference price of $129.30 per share.

Following this grant, she directly holds 193,655.11 CDW common shares. A separate line shows 17,250 shares held indirectly through the Christine A. Leahy Gift Trust, which is described as a family trust. These entries reflect compensation and holding disclosures rather than open-market buying or selling.

Insider Trade Summary

Grant/Award: 298.44 shares

Grant/Award 2 txns

Insider LEAHY CHRISTINE A

Role See Remarks

Type	Security	Shares	Price	Value
Grant/Award	Common Stock, par value $0.01	298.44	$129.30	$39K
holding	Common Stock, par value $0.01	--	--	--

Holdings After Transaction: Common Stock, par value $0.01 — 193,655.11 shares (Direct); Common Stock, par value $0.01 — 17,250 shares (Indirect, By the Christine A. Leahy Gift Trust)

Footnotes (2)

1. F1. Dividend equivalents awarded pursuant to outstanding restricted stock unit awards previously granted under the CDW Corporation Long-Term Incentive Plan.
2. F2. These shares are indirectly held through a family trust.

Key Figures

Dividend equivalent shares granted: 298.44 shares Reference price per share: $129.30/share Direct holdings after transaction: 193,655.11 shares +1 more

4 metrics

Dividend equivalent shares granted 298.44 shares Grant of dividend equivalents on RSUs

Reference price per share $129.30/share Price associated with 298.44-share grant

Direct holdings after transaction 193,655.11 shares CDW common stock directly held by Leahy

Indirect holdings via gift trust 17,250 shares Held by the Christine A. Leahy Gift Trust

Key Terms

dividend equivalents, restricted stock unit, Long-Term Incentive Plan, indirectly held, +1 more

5 terms

dividend equivalents financial

"Dividend equivalents awarded pursuant to outstanding restricted stock unit awards"

Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.

restricted stock unit financial

"pursuant to outstanding restricted stock unit awards previously granted"

A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.

Long-Term Incentive Plan financial

"previously granted 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.

indirectly held financial

"These shares are indirectly held through a family trust."

family trust financial

"These shares are indirectly held through a family trust."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did CDW (CDW) insider Christine Leahy report in this Form 4?

Christine A. Leahy reported an acquisition of 298.44 CDW common shares as dividend equivalents on existing restricted stock units. This increased her direct holdings to 193,655.11 shares, alongside additional indirect shares held through a family trust.

Was the CDW (CDW) Form 4 transaction an open-market stock purchase or sale?

The Form 4 does not show any open-market purchase or sale. It records a grant of 298.44 shares as dividend equivalents on restricted stock units, a compensation-related entry rather than a discretionary market trade.

How many CDW (CDW) shares does Christine Leahy hold after the reported Form 4 transactions?

After the reported activity, Christine A. Leahy directly holds 193,655.11 CDW common shares. The filing also lists 17,250 additional shares held indirectly through the Christine A. Leahy Gift Trust, described as a family trust.

What are the dividend equivalent shares reported in the CDW (CDW) Form 4?

Dividend equivalent shares are 298.44 CDW common shares awarded in connection with outstanding restricted stock unit awards. They were granted under the CDW Corporation Long-Term Incentive Plan, reflecting dividends credited on those existing equity awards.

How are indirect CDW (CDW) holdings reported for Christine Leahy?

The Form 4 shows 17,250 CDW shares held indirectly by the Christine A. Leahy Gift Trust. A footnote explains that these shares are held through a family trust, distinguishing them from her 193,655.11 directly held shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/12/2026 - 04:05 PM EDT Learn about SEC filing dates

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^*

LEAHY CHRISTINE A

(Last) (First) (Middle)

C/O CDW CORPORATION

200 N. MILWAUKEE AVE

(Street)

VERNON HILLS ILLINOIS 60061

(City) (State) (Zip)

UNITED STATES

(Country)

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
X	Officer (give title below)		Other (specify below)
	See Remarks

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	06/10/2026		A		298.44(1)	A	$129.3	193,655.11	D
Common Stock, par value $0.01								17,250(2)	I	By the Christine A. Leahy Gift Trust

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 Long-Term Incentive Plan.

2. These shares are indirectly held through a family trust.

Remarks:

Chair, President, and Chief Executive Officer

	/s/ Stephanie Tso, Attorney-in-Fact	06/12/2026
	** 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.
* Form 4: SEC 1474 (03-26)