Form 4: CDW Corp Director David W. Nelms Reports Acquisition of 1,086 Shares

Director David W. Nelms reports acquisition of 1,086 shares of CDW Corp common stock through a grant of restricted stock units.

Summary

• On March 5, 2025, David W. Nelms, 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.
• These 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, Nelms directly owns 29,788.2 shares of CDW Corp.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. The acquisition of shares by a director is generally viewed as a positive sign, indicating confidence in the company's future. However, it's a routine transaction related to compensation.

Positives

• The acquisition of shares by a director signals confidence in the company's future performance.

Future Outlook

The restricted stock units vest on March 5, 2026, and will be settled into shares of CDW Corporation common stock upon separation from service on the Board of Directors or five years following vesting.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. They are closely watched by investors for signals about management's view of the company's prospects.

Stakeholder Impact

• The acquisition of shares by a director can positively influence shareholder sentiment.

Key Dates