Form 4: CDW CFO Receives Dividend Equivalent Shares

CDW Corporation CFO Albert Joseph Miralles Jr. acquired 108.19 shares via dividend equivalents on outstanding restricted stock units.

Summary

• Albert Joseph Miralles Jr., CFO and EVP of Enterprise Business Operations at CDW Corporation, acquired 108.19 shares of common stock.
• The acquisition occurred on June 10, 2026, at a price of $129.30 per share.
• The shares were awarded as dividend equivalents pursuant to previously granted restricted stock unit awards.
• The total beneficial ownership following the transaction is 47,344.47 shares.
• The filing includes a correction for 7.75 shares from a March 10, 2026, dividend award that were previously omitted.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral administrative filing reflecting standard executive compensation mechanics.

Positives

• The acquisition of shares by a key executive demonstrates continued alignment with shareholder interests.

Negatives

• The filing notes an administrative error regarding the omission of 7.75 shares from a previous March 2026 filing.

Risks

• None identified in this specific ownership disclosure.

Future Outlook

No forward-looking guidance provided in this ownership disclosure.

Industry Context

StockSavvy.ai notes that routine dividend equivalent acquisitions by executives are standard corporate governance practices and do not typically signal a change in strategic direction or market outlook.

Comparison to Industry Standards

• The reporting of dividend equivalents is a standard regulatory requirement for public company executives under SEC Section 16(a).
• The correction of minor administrative omissions is consistent with standard compliance procedures for public company officers.

Stakeholder Impact

• Minimal impact on shareholders as this is a routine disclosure of equity compensation.

Next Steps

• No future actions or milestones mentioned.

Key Dates

Keywords

CDW, Insider Trading, Form 4, Dividend Equivalents, Executive Compensation