CDW (CDW) officer updates holdings with RSU dividend grant and tax withholding

Rhea-AI Filing Summary

CDW Corp officer Frederick J. Kulevich reported routine equity-related transactions. On March 10, 2026, he acquired 80.88 shares of common stock as a grant of dividend equivalents tied to prior restricted stock units. On March 12, 2026, 1,173.62 shares were withheld to cover taxes upon settlement of those restricted stock units, a non-market disposition. After these entries, he directly holds 44,570.07 CDW common shares.

Insights

Equity compensation analyst

Routine RSU-related grant and tax withholding; no open-market trades.

The transactions involve CDW Corp officer Frederick J. Kulevich receiving 80.88 dividend-equivalent shares tied to existing restricted stock units and 1,173.62 shares withheld to cover tax liabilities on RSU settlement. Both are standard equity compensation mechanics, not discretionary market trading.

The filing shows no open-market purchases or sales, and no derivative exercises. Following these entries, Kulevich holds 44,570.07 common shares directly. From an investment perspective, these appear as routine administrative updates to his equity position rather than a signal of changing sentiment.

Insider Trade Summary

Net Seller: 1,092.74 shares

Net Sell 2 txns

Insider KULEVICH FREDERICK J.

Role See Remarks

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock, par value $0.01	1,173.62	$118.91	$140K
Grant/Award	Common Stock, par value $0.01	80.88	$0.00	$0.00

Holdings After Transaction: Common Stock, par value $0.01 — 44,570.07 shares (Direct)

Footnotes (2)

1. F1. Dividend equivalents awarded pursuant to outstanding restricted stock unit awards previously granted under the CDW Corporation 2021 Long-Term Incentive Plan.
2. F2. Represents shares withheld to cover taxes incurred in connection with the settlement of the restricted stock unit award previously granted under the CDW Corporation Long-Term Incentive Plan.

FAQ

What insider transactions did CDW (CDW) officer Frederick J. Kulevich report?

He reported two non-market transactions in CDW common stock: an award of 80.88 dividend-equivalent shares linked to prior restricted stock units and a withholding of 1,173.62 shares to cover tax obligations on RSU settlement under CDW’s long-term incentive plan.

Did the CDW (CDW) insider Form 4 show any open-market stock sales or purchases?

No, the Form 4 for CDW officer Frederick J. Kulevich shows no open-market buys or sells. It reports only an equity grant of 80.88 shares and a tax-withholding disposition of 1,173.62 shares related to restricted stock unit settlement.

How many CDW (CDW) shares were withheld for taxes in the latest insider filing?

The filing reports that 1,173.62 CDW common shares were withheld to satisfy taxes triggered by the settlement of previously granted restricted stock units under the company’s long-term incentive plan, reflecting a standard method of covering associated tax liabilities.

What equity award did the CDW (CDW) insider receive in this Form 4?

CDW officer Frederick J. Kulevich received 80.88 shares of common stock as dividend equivalents. These were granted pursuant to outstanding restricted stock unit awards previously issued under the CDW Corporation 2021 Long-Term Incentive Plan, rather than through a market purchase.

What is Frederick J. Kulevich’s direct CDW (CDW) shareholding after these transactions?

After recording the dividend-equivalent grant and the tax-withholding disposition, Frederick J. Kulevich’s direct ownership stands at 44,570.07 shares of CDW common stock, reflecting his updated equity position following the settlement of restricted stock units.

Are the CDW (CDW) insider transactions related to stock options or restricted stock units?

The transactions are tied to restricted stock units, not stock options. The footnotes explain that the 80.88-share award represents dividend equivalents on outstanding RSUs and that 1,173.62 shares were withheld to cover taxes upon settlement of those RSU awards.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 03/12/2026 - 07:31 PM 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^*

KULEVICH FREDERICK J.

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	See Remarks

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		80.88(1)	A	$0	45,743.69	D
Common Stock, par value $0.01	03/12/2026		F		1,173.62(2)	D	$118.91	44,570.07	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.

2. Represents shares withheld to cover taxes incurred in connection with the settlement of the restricted stock unit award previously granted under the CDW Corporation Long-Term Incentive Plan.

Remarks:

Chief Legal Officer, Executive Vice President, Risk and Compliance, and Corporate Secretary

	/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.