Form 4: CDW Corp Executive Katherine Elizabeth Sanderson Reports Acquisition of 6,605 Shares of Common Stock

Katherine Elizabeth Sanderson, Chief Human Resources Officer and Executive Vice President at CDW Corp, reported the acquisition of 6,605 shares of common stock through a restricted stock unit grant.

Summary

• On March 5, 2025, Katherine Elizabeth Sanderson, Chief Human Resources Officer and Executive Vice President at CDW Corp, acquired 6,605 shares of CDW common stock.
• The acquisition was a grant of 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.
• Following the transaction, Sanderson beneficially owns 24,005.54 shares of CDW common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. It reflects a standard executive compensation practice that aligns interests and incentivizes performance.

Positives

• The grant of restricted stock units aligns the executive's interests with the long-term performance of the company.
• The vesting schedule encourages continued service and commitment from the executive.

Future Outlook

The document does not contain specific forward-looking statements beyond the vesting schedule of the restricted stock units.

Industry Context

Executive compensation through stock grants is a common practice in the technology industry to incentivize performance and align executive interests with shareholder value.

Comparison to Industry Standards

• Companies like Insight Enterprises and SHI International also utilize stock-based compensation as part of their executive compensation packages.
• The vesting schedule of three years is a standard practice to ensure long-term commitment.
• The size of the grant is likely determined based on Sanderson's role and contribution to the company, benchmarked against similar roles in comparable companies.

Stakeholder Impact

• Shareholders may view the stock grant positively as it aligns executive interests with long-term company performance.
• Employees may see it as a positive sign of the company's commitment to its leadership team.

Key Dates