Form 4: CDW Corp Executive Awarded Dividend Equivalents

James A. Bell, an executive at CDW Corp, received dividend equivalents related to previously granted restricted stock units.

Summary

• James A. Bell of CDW Corp was awarded dividend equivalents on December 10, 2024.
• These dividend equivalents are related to outstanding restricted stock unit awards previously granted under the CDW Corporation Long-Term Incentive Plan.
• The total value of the dividend equivalents awarded is $22,459.63.
• The award is for common stock with a par value of $0.01.

Sentiment

Score: 7

Explanation: The document reflects a routine executive compensation event, which is generally neutral to positive for investors as it aligns executive interests with company performance.

Industry Context

This type of award is common practice for publicly traded companies to incentivize and retain key executives.

Comparison to Industry Standards

• Many technology companies use restricted stock units and dividend equivalents as part of their executive compensation packages.
• Companies like Accenture, IBM, and HP also use similar long-term incentive plans to align executive interests with shareholder value.

Stakeholder Impact

• The award of dividend equivalents has a minor positive impact on executive alignment with shareholder interests.
• The cost of the award is likely immaterial to the overall financial health of the company.

Key Dates

Keywords

dividend equivalents, restricted stock units, executive compensation, CDW Corp, long-term incentive plan