CDW (CDW) insider Christine Leahy receives 298-share dividend equivalent grant, holds over 193K shares
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
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, null);
Common Stock, par value $0.01 — 17,250 shares (Indirect, By the Christine A. Leahy Gift Trust)
Footnotes (1)
- Dividend equivalents awarded pursuant to outstanding restricted stock unit awards previously granted under the CDW Corporation Long-Term Incentive Plan. 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
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 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.