Form 4: CDW Corp Executive Christine Leahy Exercises Options and Sells Shares
SEC Form 4 Filing
Christine Leahy, a Director and Officer of CDW Corp, executed stock options and sold shares on May 8, 2025, according to a Form 4 filing with the SEC.
Summary
- On May 8, 2025, Christine A. Leahy, Chair, President, and CEO of CDW Corp, exercised stock options to acquire 40,917 shares of common stock at a price of $58.90 per share.
- Concurrently, Leahy sold a total of 40,917 shares of CDW common stock in multiple transactions at weighted average prices ranging from $179.99 to $182.85.
- Following these transactions, Leahy directly owns 144,930.9 shares of CDW common stock and indirectly owns 17,250 shares through the Christine A. Leahy Gift Trust.
- The stock option exercise was related to options granted under the CDW Corporation Long-Term Incentive Plan, which vested in three equal installments on February 28, 2018, 2019, and 2020.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions by a company executive, indicating a neutral sentiment.
Industry Context
Executive stock sales are a common occurrence in publicly traded companies and are often related to compensation and portfolio diversification strategies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in beneficial ownership.
- The transactions do not appear to have a direct impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 02/28/2018 | 1/3 of stock options vested |
| 02/28/2019 | 1/3 of stock options vested |
| 02/28/2020 | 1/3 of stock options vested |
| 05/08/2025 | Earliest transaction date: Stock options exercised and shares sold |
| 05/08/2025 | Stock options exercised |
| 05/09/2025 | Date of signature for the Form 4 filing |
Keywords
CDW Corp, Christine Leahy, Form 4, Stock Options, Share Sale, Beneficial Ownership, SEC Filing
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