Form 4: CDW Corp Director Sanjay Mehrotra Reports Acquisition of Common Stock
SEC Form 4 Filing
Director Sanjay Mehrotra reported acquiring common stock of CDW Corp due to dividend equivalents awarded under the company's Long-Term Incentive Plan.
Summary
- On March 11, 2025, Sanjay Mehrotra, 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.
- Mehrotra acquired 10.86 shares at a price of $0, and now beneficially owns 4,738.67 shares.
Sentiment
Score: 5
Explanation: This is a routine filing related to dividend equivalents, so the sentiment is neutral.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which can be an indicator of their confidence in the company's future performance.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 03/11/2025 | Date of transaction: Sanjay Mehrotra acquired common stock. |
| 03/13/2025 | Date of signature: Shane A. Meredith, Attorney-in-Fact, signed the report. |
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