Form 4: CDW Corp Executive Peter R. Locy Reports Transaction in Company Stock

Peter R. Locy, a Vice President, Controller, and Chief Accounting Officer at CDW Corp, reported a transaction involving company stock on September 10, 2024.

Summary

• On September 10, 2024, Peter R. Locy, Vice President, Controller, and Chief Accounting Officer of CDW Corp, reported a transaction involving CDW's common stock.
• The transaction involved the acquisition of 1.84 shares of common stock due to dividend equivalents awarded pursuant to outstanding restricted stock unit awards previously granted under the CDW Corporation Long-Term Incentive Plan.
• Following the reported transaction, Locy beneficially owns 1,599.13 shares of CDW common stock.

Sentiment

Score: 6

Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't contain information that would significantly sway investor sentiment positively or negatively.

Positives

• The acquisition of shares through dividend equivalents suggests the company is performing well enough to provide such benefits to its executives.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it involves a small number of shares.

Key Dates