Form 4: CDW Corp Executive Corley Christina M Reports Acquisition of Common Stock
SEC Form 4 Filing
Christina M Corley, a Chief Commercial and Operating Officer at CDW Corp, reported the acquisition of 6.65 shares of common stock on March 12, 2024, due to dividend equivalents awarded pursuant to outstanding restricted stock unit awards.
Summary
- On March 12, 2024, Christina M Corley, Chief Commercial and Operating Officer of CDW Corp, acquired 6.65 shares of common stock.
- The acquisition was a result of dividend equivalents awarded under the CDW Corporation Long-Term Incentive Plan.
- Following the transaction, Corley directly owns 75,278.92 shares of CDW Corp common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine filing related to executive compensation.
Positives
- The acquisition of shares by a company executive can be seen as a positive signal, indicating confidence in the company's future performance.
Industry Context
Executive stock ownership is a common practice in publicly traded companies and is often used to align the interests of management with those of shareholders.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it signals executive confidence.
Key Dates
| Date | Description |
|---|---|
| 03/12/2024 | Date of transaction: Acquisition of common stock. |
| 03/14/2024 | Date of signature for the report. |
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