STOCK TITAN

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

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

Rhea-AI Filing Summary

CDW Corp director James A. Bell received an equity award tied to existing incentives. He acquired 113.16 shares of common stock on 2026-03-10 at a stated price of $0.00 per share, increasing his directly held position to 26,246.69 shares.

The award represents dividend equivalents credited under previously granted restricted stock units from the CDW Corporation 2021 Long-Term Incentive Plan, reflecting routine compensation rather than an open-market purchase or sale.

Positive

  • None.

Negative

  • None.
Insider BELL JAMES A
Role Director
Type Security Shares Price Value
Grant/Award Common Stock, par value $0.01 113.16 $0.00 --
Holdings After Transaction: Common Stock, par value $0.01 — 26,246.69 shares (Direct)
Footnotes (1)
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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)
03/10/2026
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 113.16(1) A $0 26,246.69 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 James A. Bell report?

James A. Bell reported an acquisition of additional CDW common shares. He received 113.16 shares as an equity award linked to existing restricted stock units, reflecting routine director compensation under the company’s 2021 Long-Term Incentive Plan rather than an open-market trade.

How many CDW (CDW) shares does James A. Bell hold after this award?

After the March 10, 2026 award, James A. Bell directly holds 26,246.69 CDW common shares. This total includes the 113.16 dividend-equivalent shares credited from previously granted restricted stock unit awards under CDW Corporation’s 2021 Long-Term Incentive Plan.

Was cash paid for James A. Bell’s newly acquired CDW (CDW) shares?

No cash changed hands for this transaction. The 113.16 CDW common shares were acquired at a stated price of $0.00 per share as dividend equivalents credited on outstanding restricted stock unit awards under the 2021 Long-Term Incentive Plan.

What is the nature of the CDW (CDW) shares granted to James A. Bell?

The newly acquired shares are dividend equivalents on outstanding restricted stock units. They were awarded under the CDW Corporation 2021 Long-Term Incentive Plan, representing compensation-related share credits rather than a discretionary market purchase or sale by the director.

Does this CDW (CDW) insider transaction involve derivative securities or options?

No derivative securities or options are reported in this transaction. The filing only shows a non-derivative acquisition of 113.16 CDW common shares as dividend equivalents tied to restricted stock units under the 2021 Long-Term Incentive Plan, with no remaining derivative positions listed.