Form 4: CDW Corp Executive Elizabeth H. Connelly Reports Changes in Beneficial Ownership

Elizabeth H. Connelly, Chief Commercial Officer and Executive Vice President at CDW Corp, reports transactions involving common stock, including acquisitions through dividend equivalents and disposals to cover taxes.

Summary

• On March 11, 2025, Elizabeth H. Connelly acquired 37.75 shares of CDW Corp common stock through dividend equivalents at a price of $0, bringing her direct holdings to 22,661.84 shares.
• On March 12, 2025, she disposed of 164 shares to cover taxes related to the settlement of a restricted stock unit award at a price of $166.05, reducing her direct holdings to 22,497.84 shares.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing reflects routine transactions related to executive compensation and tax obligations, with no clear indication of positive or negative sentiment towards the company's prospects.

Positives

• The acquisition of shares through dividend equivalents suggests a continued investment in the company by the executive.

Negatives

• The disposal of shares to cover taxes, while routine, slightly reduces the executive's holdings.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. These filings are closely watched by investors for signals about management's confidence in the company's prospects.

Stakeholder Impact

• The transactions have a minimal impact on shareholders as they involve a small number of shares relative to the company's total outstanding shares.

Key Dates