Form 4: CDW Corp Director Anthony R. Foxx Reports Acquisition of Common Stock

Director Anthony R. Foxx reports acquiring common stock in CDW Corp due to dividend equivalents awarded from restricted stock units.

Summary

• On March 12, 2024, Anthony R. Foxx, 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 of the acquired stock was $9.54.
• Following the transaction, Foxx directly owns 3,854.21 shares of CDW Corp common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine filing related to stock ownership changes due to dividend equivalents. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Positives

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

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to the market.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding the stock ownership of a company director.

Key Dates