Form 4: CDW Corp Director Lynda M Clarizio Reports Acquisition of Restricted Stock Units

Lynda M Clarizio, a director at CDW Corp, reported the acquisition of restricted stock units under the company's Long-Term Incentive Plan.

Summary

• On March 6, 2024, Lynda M Clarizio, a director of CDW Corp, acquired 718 restricted stock units.
• These units were granted under the CDW Corporation Long-Term Incentive Plan.
• The restricted stock units vest on the first anniversary of the grant date.
• Following the transaction, Clarizio directly owns 13,340.88 shares of CDW Corp common stock.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction (grant of restricted stock units) and doesn't contain any alarming or negative information. It suggests alignment of director's interests with the company's long-term performance.

Positives

• The grant of restricted stock units aligns the director's interests with the long-term performance of the company.

Future Outlook

The restricted stock units vest on the first anniversary of the grant date, incentivizing the director to contribute to the company's long-term success.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The grant of restricted stock units can positively impact shareholders by aligning the director's interests with the company's long-term success.

Key Dates