Form 4: CDW Corp Director Anthony R Foxx Acquires 1,086 Shares of Common Stock
SEC Form 4 Filing
Director Anthony R Foxx acquired 1,086 shares of CDW Corp common stock on March 5, 2025, through a grant of restricted stock units.
Summary
- On March 5, 2025, Anthony R Foxx, a director of CDW Corp, acquired 1,086 shares of common stock.
- The acquisition was a grant of restricted stock units under the CDW Corporation Long-Term Incentive Plan.
- The restricted stock units vest on March 5, 2026.
- Settlement into shares of CDW Corporation common stock has been deferred until the sooner of separation from service on the Board of Directors or five years following vesting.
- Following the transaction, Foxx directly owns 4,975.49 shares.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine disclosure of stock acquisition by a director, which is neither particularly positive nor negative.
Positives
- The acquisition of shares by a director signals confidence in the company's future.
Future Outlook
The document does not contain specific forward-looking statements, but the vesting and settlement terms of the restricted stock units suggest a long-term commitment from the director.
Industry Context
Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities. They provide insights into the actions of company insiders, which can be informative for investors.
Stakeholder Impact
- The acquisition of shares by a director can positively influence shareholder confidence.
Key Dates
| Date | Description |
|---|---|
| 03/05/2025 | Date of transaction: Acquisition of 1,086 shares of common stock. |
| 03/05/2026 | Vesting date of the restricted stock units. |
| 03/07/2025 | Date of signature on the Form 4 filing. |
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