Form 4: CDW Corp Executive Christine Leahy Reports Stock Grant and Trust Holdings
SEC Form 4 Filing
Christine Leahy, a Director and Officer of CDW Corp, reports a grant of restricted stock units and indirect holdings through a family trust.
Summary
- Christine A. Leahy, a Director, President, and CEO of CDW Corp, filed a Form 4 detailing changes in beneficial ownership.
- On March 5, 2025, Leahy was granted 27,255 restricted stock units under the CDW Corporation Long-Term Incentive Plan.
- These restricted stock units vest in three equal installments on March 5, 2026, 2027, and 2028.
- Leahy also indirectly holds 17,250 shares of CDW Corp common stock through the Christine A. Leahy Gift Trust.
- Following the reported transactions, Leahy directly owns 145,794.7 shares of CDW Corp common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.
Positives
- The grant of restricted stock units aligns Leahy's interests with the long-term performance of CDW Corp.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The stock grant could have a minor positive impact on shareholder sentiment as it aligns management's interests with company performance.
Key Dates
| Date | Description |
|---|---|
| 03/05/2025 | Date of restricted stock unit grant. |
| 03/05/2026 | First vesting date for one-third of the restricted stock units. |
| 03/05/2027 | Second vesting date for one-third of the restricted stock units. |
| 03/05/2028 | Final vesting date for one-third of the restricted stock units. |
| 03/07/2025 | Date of Form 4 filing. |
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