Form 4: CDW Corp Director Addicott Reports Acquisition of Common Stock

Virginia C. Addicott, a director of CDW Corp, reported the acquisition of common stock through dividend equivalents awarded under the company's Long-Term Incentive Plan.

Summary

• On March 12, 2024, Virginia C. Addicott, a director of CDW Corp, acquired common stock.
• The acquisition was due to dividend equivalents awarded pursuant to outstanding restricted stock unit awards previously granted under the CDW Corporation Long-Term Incentive Plan.
• The price per share was $37.91.
• Following the transaction, Addicott directly owns 15,318.41 shares of CDW Corp common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of stock acquisition through dividend equivalents, indicating standard compensation practices.

Positives

• The acquisition of shares by a director can be seen as a positive signal, indicating confidence in the company's future performance.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency regarding the ownership positions of company insiders.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it signals insider confidence.

Key Dates