Form 4: CDW Corp Director James A Bell Reports Acquisition of Common Stock
SEC Form 4 Filing
Director James A Bell reports acquiring common stock in CDW Corp due to dividend equivalents awarded from restricted stock units.
Summary
- On March 12, 2024, James A Bell, 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.
- Bell acquired 46.29 shares at a price of $0.
- Following the transaction, Bell beneficially owns 22,288.41 shares of CDW Corp common stock.
Sentiment
Score: 5
Explanation: This is a routine filing related to executive compensation and stock ownership, with no inherently positive or negative implications.
Industry Context
Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, providing transparency to the market.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider stock ownership.
Key Dates
| Date | Description |
|---|---|
| 03/12/2024 | Date of transaction: Acquisition of common stock due to dividend equivalents. |
| 03/14/2024 | Date of signature for the report. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.