Form 4: CDW Corp Executive Acquires Additional Shares Through Dividend Equivalents
SEC Form 4 Filing
Christina M. Corley, Chief Commercial and Operating Officer at CDW Corp, acquired 7.43 shares of common stock through dividend equivalents awarded under the company's Long-Term Incentive Plan.
Summary
- On June 11, 2024, Christina M. Corley, Chief Commercial and Operating Officer of CDW Corp, acquired 7.43 shares of common stock.
- The acquisition was a result of dividend equivalents awarded pursuant to an outstanding restricted stock unit award previously granted under the CDW Corporation Long-Term Incentive Plan.
- Following the transaction, Corley's direct ownership of CDW Corp common stock increased to 75,286.35 shares.
Sentiment
Score: 6
Explanation: The document is a routine SEC filing detailing a stock transaction. It doesn't contain any information that would significantly impact investor sentiment positively or negatively.
Positives
- The acquisition of shares by a company executive can be seen as a positive sign, indicating confidence in the company's future performance.
Industry Context
Executive stock ownership is a common practice in publicly traded companies and is often viewed as a way to align the interests of management with those of shareholders.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it signals confidence from a key executive.
Key Dates
| Date | Description |
|---|---|
| 06/11/2024 | Date of transaction: Christina M. Corley acquired 7.43 shares of CDW Corp common stock. |
| 06/13/2024 | Date of signature on the Form 4 filing. |
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