Form 4: CDW Corp Director Anthony R. Foxx Reports Changes in Beneficial Ownership

Director Anthony R. Foxx reports changes in beneficial ownership of CDW Corp stock due to dividend equivalents awarded under the company's Long-Term Incentive Plan.

Summary

• On June 11, 2024, Anthony R. Foxx, a director of CDW Corp, reported changes in beneficial ownership of the company's common stock.
• The changes are due to dividend equivalents awarded pursuant to outstanding restricted stock unit awards previously granted under the CDW Corporation Long-Term Incentive Plan.
• Foxx acquired 10.65 shares of common stock at $0 and disposed of 3,864.86 shares.
• Following the reported transaction, the total amount of common stock beneficially owned by Foxx is 0.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing is a standard disclosure of insider transactions related to dividend equivalents.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates activity related to dividend equivalents, which are common in executive compensation plans.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it relates to standard executive compensation practices.

Key Dates