CDW Corp (CDW) executive logs RSU dividend grant and tax withholding

Rhea-AI Filing Summary

CDW Corp executive Elizabeth H. Connelly reported routine equity compensation activity. On March 10, she acquired 106.92 shares of common stock at $0.00 per share as a grant of dividend equivalents linked to prior restricted stock units. On March 12, 1,372.9 shares were withheld at $118.91 per share to cover taxes from settlement of those awards. After these transactions, she directly holds 34,120.85 shares of CDW common stock.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider CONNELLY ELIZABETH H.

Role See Remarks

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock, par value $0.01	1,372.9	$118.91	$163K
Grant/Award	Common Stock, par value $0.01	106.92	$0.00	--

Holdings After Transaction: Common Stock, par value $0.01 — 34,120.85 shares (Direct)

Footnotes (1)

1. Dividend equivalents awarded pursuant to outstanding restricted stock unit awards previously granted under the CDW Corporation 2021 Long-Term Incentive Plan. 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.

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^*

CONNELLY ELIZABETH H.

(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		106.92(1)	A	$0	35,493.75	D
Common Stock, par value $0.01	03/12/2026		F		1,372.9(2)	D	$118.91	34,120.85	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 Commercial Officer and Executive Vice President

	/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 transactions did CDW (CDW) report for Elizabeth H. Connelly?

CDW reported that Elizabeth H. Connelly received a stock grant and had shares withheld for taxes. She acquired 106.92 shares on March 10 as dividend equivalents, and 1,372.9 shares were withheld on March 12 to satisfy tax obligations from restricted stock unit settlement.

Was the CDW (CDW) Form 4 transaction an open-market buy or sell?

The Form 4 does not show any open-market buy or sell. It reports a compensation-related share grant and a tax-withholding disposition, where 1,372.9 shares were withheld at $118.91 per share to cover taxes on restricted stock unit settlement.

How many CDW (CDW) shares does Elizabeth H. Connelly hold after these transactions?

After the reported transactions, Elizabeth H. Connelly directly holds 34,120.85 shares of CDW common stock. This figure incorporates both the 106.92-share grant of dividend equivalents and the 1,372.9 shares withheld for tax obligations related to restricted stock unit settlement.

What is the nature of the 106.92-share acquisition reported by CDW (CDW)?

The 106.92-share acquisition is a grant/award, not a market purchase. Footnotes state these are dividend equivalents tied to outstanding restricted stock unit awards under the CDW Corporation 2021 Long-Term Incentive Plan, awarded at $0.00 per share.

Why were 1,372.9 CDW (CDW) shares disposed of in the Form 4?

The 1,372.9 shares were not sold on the market but withheld for taxes. Footnotes explain they cover tax liabilities from settlement of a restricted stock unit award granted under CDW’s Long-Term Incentive Plan, at a reported price of $118.91 per share.

Does the CDW (CDW) Form 4 indicate any remaining derivative or option positions?

The provided data show no remaining derivative positions for this filing. The derivativeSummary is empty, and the transactions disclosed involve only non-derivative CDW common stock related to restricted stock unit awards and associated tax withholding, not options or other derivatives.