Form 4: CDW Corp Executive Miralles Acquires Additional Shares Through Dividend Equivalents

Albert Joseph Miralles Jr., a Senior Vice President and CFO 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, Albert Joseph Miralles Jr., Senior Vice President and Chief Financial Officer of CDW Corp, acquired shares of common stock.
• The acquisition was due to dividend equivalents awarded pursuant to outstanding restricted stock unit awards previously granted under the CDW Corporation Long-Term Incentive Plan.
• Miralles acquired 14.91 shares at a price of $0.
• Following the transaction, Miralles directly owns 17,397.94 shares of CDW Corp common stock.

Sentiment

Score: 6

Explanation: The document is a routine SEC filing related to executive compensation. 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

Executive stock ownership is a common practice in publicly traded companies, often used to align the interests of management with those of shareholders. Dividend equivalent programs are a typical component of long-term incentive plans.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns executive interests with shareholder value.

Key Dates