Form 4: CDW Corp Director Virginia C. Addicott Reports Acquisition of 1,086 Common Stock Units
SEC Form 4 Filing
Virginia C. Addicott, a director at CDW Corp, reported the acquisition of 1,086 common stock units through a grant of restricted stock units.
Summary
- On March 5, 2025, Virginia C. Addicott, a director of CDW Corp, acquired 1,086 shares of common stock.
- The acquisition was a grant of restricted stock units under the CDW Corporation Long-Term Incentive Plan.
- These restricted stock units vest on March 5, 2026.
- 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, Addicott beneficially owns 16,544.64 shares of CDW Corp common stock.
Sentiment
Score: 7
Explanation: The sentiment is neutral to positive. It reflects a routine transaction (stock grant) for a company director, indicating alignment of interests with shareholders. There are no red flags or negative implications.
Positives
- The acquisition of stock units by a director signals confidence in the company's future performance.
Future Outlook
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.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders and their holdings in the company's stock.
Stakeholder Impact
- The transaction could have a slightly positive impact on shareholders as it demonstrates the director's commitment to the company.
Key Dates
| Date | Description |
|---|---|
| 03/05/2025 | Date of transaction: Acquisition of 1,086 common stock units. |
| 03/05/2026 | Vesting date of the restricted stock units. |
| 03/07/2025 | Date of signature on the Form 4 filing. |
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.