Equity grant: CDW (CDW) awards 33,802 restricted stock units to company officer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TAN HANG reported acquisition or exercise transactions in this Form 4 filing.
CDW Corp reported that company officer Hang Tan received a grant of 33,802 shares of common stock in the form of restricted stock units as compensation. These units were granted at no cash cost to Tan and vest in three equal installments on May 11, 2027, 2028, and 2029, aligning incentives over the long term.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
TAN HANG
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 | 33,802 | $0.00 | -- |
Holdings After Transaction:
Common Stock, par value $0.01 — 33,802 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 33,802 shares
Grant price: $0.00 per share
Post-grant holdings: 33,802 shares
+2 more
5 metrics
RSU grant size
33,802 shares
Restricted stock units granted on May 11, 2026
Grant price
$0.00 per share
Equity compensation award, no cash paid
Post-grant holdings
33,802 shares
Total common shares beneficially owned after grant
First vesting date
May 11, 2027
One third of RSUs vest
Final vesting date
May 11, 2029
Last third of RSUs vest
Key Terms
restricted stock units, Long-Term Incentive Plan, Grant, award, or other acquisition, beneficially owns
4 terms
restricted stock units financial
"This is a grant of restricted stock units under the CDW Corporation Long-Term Incentive Plan."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Long-Term Incentive Plan financial
"This is a grant of restricted stock units 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.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
beneficially owns financial
"total_shares_following_transaction: 33,802.0000 shares beneficially owned after the grant"
Beneficially owns means a person or entity enjoys the economic benefits and control of a security even if the legal title or registration is held in another name. Think of it like having the keys and profits from a car that is registered to a friend: you use it, benefit from it, and make decisions about it even though the official paperwork lists someone else. For investors, this matters because it reveals who truly controls shares, affects voting power, potential conflicts of interest, and regulatory disclosure obligations.
FAQ
What did CDW (CDW) disclose in this Form 4 filing for Hang Tan?
CDW disclosed that officer Hang Tan received 33,802 restricted stock units of common stock as a compensation grant. The award was made at no cash cost and is designed to vest over time under CDW’s Long-Term Incentive Plan.
What is the vesting schedule for Hang Tan’s CDW (CDW) restricted stock units?
The 33,802 restricted stock units vest in three equal parts on May 11, 2027, May 11, 2028, and May 11, 2029. Each vesting date covers one third of the award, encouraging long-term service and alignment with CDW shareholder interests.