Form 4: CDW Corp Executive Christine Leahy Reports Stock Transactions Following Performance Share Unit Vesting

Christine A. Leahy, Chair, President, and CEO of CDW Corp, reports acquisition and disposal of common stock related to vesting of performance share units and tax obligations.

Summary

• On February 18, 2025, Christine A. Leahy acquired 29,793.12 shares of CDW Corp common stock due to the vesting of performance share units.
• Also on February 18, 2025, 13,202 shares were disposed of to cover taxes incurred from the vesting of these units at a price of $194.5 per share.
• Following these transactions, Ms. Leahy directly owns 118,539.7 shares of CDW Corp common stock.
• Additionally, Ms. Leahy indirectly owns 17,250 shares through the Christine A. Leahy Gift Trust.

Sentiment

Score: 6

Explanation: The document reflects standard executive compensation practices. The vesting of shares is generally positive, but the sale to cover taxes is neutral.

Positives

• The vesting of performance share units suggests that performance goals were met, which is a positive indicator.

Industry Context

Executive stock transactions are a common occurrence in publicly traded companies and are often related to compensation packages and performance-based incentives.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect standard executive compensation practices.

Key Dates

Keywords

CDW Corp, Christine A. Leahy, Form 4, Beneficial Ownership, Performance Share Units, Stock Transactions, Vesting, Tax Withholding