CDW executive credited dividend-equivalent stock under incentive plan

CDW Corp reported that a company executive officer acquired 34.13 shares of CDW common stock on December 10, 2025 at $149.54 per share.

Rhea-AI Filing Summary

CDW Corp reported that a company executive officer acquired 34.13 shares of CDW common stock on December 10, 2025 at $149.54 per share. The acquisition was in the form of dividend equivalents awarded pursuant to outstanding restricted stock unit awards previously granted under the CDW Corporation Long-Term Incentive Plan.

Following this routine equity transaction, the executive directly owned 35,884.08 shares of CDW common stock. The filing classifies the ownership as direct and identifies the officer’s role as Chief Legal Officer, Executive Vice President, Risk and Compliance, and Corporate Secretary.

Insider Trade Summary

Grant/Award: 34.13 shares

Grant/Award 1 txn

Insider KULEVICH FREDERICK J.

Role See Remarks

Type	Security	Shares	Price	Value
Grant/Award	Common Stock, par value $0.01	34.13	$149.54	$5K

Holdings After Transaction: Common Stock, par value $0.01 — 35,884.08 shares (Direct)

Footnotes (1)

1. F1. Dividend equivalents awarded pursuant to outstanding restricted stock unit awards previously granted under the CDW Corporation Long-Term Incentive Plan.

FAQ

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What insider stock transaction did CDW (CDW) report in this Form 4?

An executive officer of CDW Corp acquired 34.13 shares of CDW common stock on December 10, 2025 at a price of $149.54 per share.

How were the 34.13 CDW shares acquired by the executive officer?

The 34.13 shares were credited as dividend equivalents awarded pursuant to outstanding restricted stock unit awards under the CDW Corporation Long-Term Incentive Plan.

What is the executive’s role at CDW Corp in this insider transaction?

The reporting person is an officer of CDW Corp, serving as Chief Legal Officer, Executive Vice President, Risk and Compliance, and Corporate Secretary.

How many CDW shares did the executive own after the reported transaction?

After the reported acquisition, the executive beneficially owned 35,884.08 shares of CDW common stock.

Is the CDW insider’s ownership reported as direct or indirect?

The ownership of the 35,884.08 CDW shares following the transaction is reported as Direct (D) ownership.

Does this CDW Form 4 involve non-derivative or derivative securities?

The reported transaction involves non-derivative securities, specifically CDW common stock with a par value of $0.01 per share.

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

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 12/12/2025 - 04:06 PM EST 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)
12/10/2025

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	12/10/2025		A		34.13(1)	A	$149.54	35,884.08	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 Long-Term Incentive Plan.

Remarks:

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

	/s/ Debra Wasserman, Attorney-in-Fact	12/12/2025
	** 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.