Form 4: CDW Corp Executive Miralles Acquires and Disposes of Common Stock

Albert Joseph Miralles Jr., a Senior Vice President and CFO at CDW Corp, reports acquiring and disposing of common stock and dividend equivalents related to restricted stock units.

Summary

• On September 10, 2024, Albert Joseph Miralles Jr., a Senior Vice President and Chief Financial Officer at CDW Corporation, engaged in transactions involving CDW Corp's common stock.
• Miralles acquired 7.02 shares of common stock at an unspecified price.
• Simultaneously, Miralles disposed of 16,882.69 shares of common stock.
• These transactions are related to dividend equivalents awarded under the CDW Corporation Long-Term Incentive Plan.

Sentiment

Score: 5

Explanation: This is a neutral filing, simply reporting transactions by an insider. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities in the company's stock. It is typical for executives to receive and manage stock-based compensation as part of their overall remuneration.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership by a key executive.
• The transactions are part of the executive's compensation and incentive plan, which can affect employee morale and retention.

Key Dates