Form 4: CDW Corp Director Donna F Zarcone Reports Acquisition of Common Stock
SEC Form 4 Filing
Director Donna F Zarcone reported the acquisition of common stock in CDW Corp due to dividend equivalents awarded from restricted stock units.
Summary
- On September 10, 2024, Donna F Zarcone, 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.
- A total of 38.69 shares were acquired at a price of $0.
- Following the transaction, Zarcone directly owns 19,922.11 shares of CDW Corp common stock.
Sentiment
Score: 7
Explanation: The sentiment is neutral to positive. The filing indicates standard compensation practices and alignment of director interests with shareholders.
Positives
- The acquisition of shares reflects continued alignment of the director's interests with those of the company and its shareholders.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction reflects standard compensation practices using restricted stock units and dividend equivalents.
Stakeholder Impact
- The transaction has a minor positive impact on stakeholders by demonstrating that a director's interests are aligned with shareholders through equity ownership.
Key Dates
| Date | Description |
|---|---|
| 09/10/2024 | Date of transaction: acquisition of common stock. |
| 09/12/2024 | Date of signature for the Form 4 filing. |
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