Form 4: CDW Corp Director Kelly J. Grier Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Kelly J. Grier reports acquisition of CDW Corp common stock through dividend equivalents and reinvestment of dividends.
Summary
- On March 12, 2024, Kelly J. Grier, a director of CDW Corp, acquired additional shares of common stock.
- 1.78 shares were acquired through dividend equivalents awarded pursuant to outstanding restricted stock unit awards.
- 1.487 shares were acquired through reinvestment of dividends on CDW shares at a price of $249.079.
- Following these transactions, Grier directly owns 1,318.647 shares of CDW Corp common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral. The filing simply reports routine transactions related to dividend equivalents and reinvestments. It doesn't indicate any significant positive or negative developments.
Positives
- The director's increased stake in the company could be seen as a positive signal.
Industry Context
Form 4 filings are standard disclosures required by the SEC to ensure transparency in insider trading activities. They provide insights into the actions of company directors and officers, which can be informative for investors.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they involve a small number of shares acquired through standard compensation and dividend programs.
Key Dates
| Date | Description |
|---|---|
| 03/12/2024 | Date of transaction: Acquisition of common stock through dividend equivalents and reinvestment of dividends. |
| 03/14/2024 | Date of signature by Attorney-in-Fact. |
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