Form 4: CDW Corp Awards Dividend Equivalents to Lynda M Clarizio

CDW Corp has awarded dividend equivalents to Lynda M Clarizio under its Long-Term Incentive Plan.

Summary

• CDW Corp has granted dividend equivalents to Lynda M Clarizio.
• These dividend equivalents were awarded under the CDW Corporation Long-Term Incentive Plan.
• The award is related to outstanding restricted stock unit awards previously granted.
• The total value of the dividend equivalents awarded is $13,349.25.
• The transaction was filed on December 10, 2024.

Sentiment

Score: 7

Explanation: The document describes a routine compensation event, which is neither particularly positive nor negative, but is a normal part of corporate operations.

Industry Context

This type of award is common in corporate compensation practices, particularly for executives holding restricted stock units.

Comparison to Industry Standards

• Many companies in the technology sector use long-term incentive plans that include dividend equivalents for executives holding restricted stock units.
• This practice aligns with industry standards for executive compensation and retention.

Stakeholder Impact

• This award has a minor positive impact on the recipient, Lynda M Clarizio.
• The impact on shareholders is negligible as it is a standard compensation practice.

Key Dates

Keywords

dividend equivalents, restricted stock units, long-term incentive plan, CDW Corp, executive compensation