Form 4: CDW Corp Executive Kulevich Acquires Additional Shares Through Dividend Equivalents
SEC Form 4 Filing
Frederick J. Kulevich, a Senior Vice President at CDW Corp, acquired additional shares of common stock through dividend equivalents awarded under the company's Long-Term Incentive Plan.
Summary
- On March 12, 2024, Frederick J. Kulevich, a Senior Vice President at CDW Corp, acquired 4.07 shares of CDW common stock.
- The acquisition was a result of dividend equivalents awarded pursuant to outstanding restricted stock unit awards previously granted under the CDW Corporation Long-Term Incentive Plan.
- Following the transaction, Kulevich directly owns 25,494.51 shares of CDW common stock.
Sentiment
Score: 6
Explanation: The document is a routine regulatory filing detailing an executive's acquisition of shares through dividend equivalents. It doesn't contain any information that would significantly impact investor sentiment positively or negatively.
Positives
- The acquisition of shares by a company executive can be seen as a positive sign, indicating confidence in the company's future performance.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates that Kulevich received dividend equivalents, which is a common practice in executive compensation plans.
Stakeholder Impact
- The acquisition of shares by an executive may have a minor positive impact on shareholder confidence.
Key Dates
| Date | Description |
|---|---|
| 03/12/2024 | Date of transaction: Frederick J. Kulevich acquired shares of CDW common stock. |
| 03/14/2024 | Date of signature: The Form 4 was signed by Shane A. Meredith, Attorney-in-Fact. |
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