Form 4: CDW Corp Executive Acquires Shares Through Dividend Equivalents

CDW Corp's Senior Vice President and Chief Financial Officer, Albert Joseph Miralles Jr., acquired 8.56 shares of common stock through dividend equivalents.

Summary

• Albert Joseph Miralles Jr., a Senior Vice President and Chief Financial Officer at CDW Corp, acquired 8.56 shares of common stock.
• The acquisition was a result of dividend equivalents awarded from a previously granted restricted stock unit award under the CDW Corporation Long-Term Incentive Plan.
• The transaction occurred on December 10, 2024.
• The price per share was not explicitly stated, but the total value of the acquired shares was $0.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to executive compensation, which is generally neutral to positive. The acquisition of shares by an executive can be seen as a sign of confidence in the company.

Positives

• The acquisition of shares by a high-ranking executive can be seen as a positive sign of confidence in the company's future.

Industry Context

This is a routine filing related to executive compensation and is common practice for publicly traded companies.

Comparison to Industry Standards

• Many publicly traded companies use restricted stock units and dividend equivalents as part of their executive compensation packages.
• The reporting of these transactions via SEC Form 4 is a standard practice to ensure transparency and prevent insider trading.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it indicates executive confidence in the company.

Key Dates

Keywords

CDW Corp, insider trading, Form 4, dividend equivalents, stock acquisition, executive compensation, Albert Joseph Miralles Jr., restricted stock units