Form 4: CDW Corp Director James A. Bell Acquires 718 Shares of Common Stock

Director James A. Bell acquired 718 shares of CDW Corp common stock on March 6, 2024, through a grant of restricted stock units.

Summary

• On March 6, 2024, James A. Bell, a director of CDW Corp, acquired 718 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 the first anniversary of the grant date.
• 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, Bell directly owns 22,242.12 shares of CDW Corp common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of a stock grant to a director. While insider buying can be seen as positive, this is part of a compensation plan.

Positives

• A director's acquisition of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.

Future Outlook

The restricted stock units vest on the first anniversary of the grant date, with settlement deferred until separation from service or five years following vesting.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a director's continued investment in the company.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it signals confidence from a company director.

Key Dates