Form 4: CDW Corp Executive Sells Shares to Cover Taxes

Frederick J. Kulevich, a Senior Vice President at CDW Corp, sold 68 shares of common stock to cover taxes related to vesting restricted stock units.

Summary

• Frederick J. Kulevich, a Senior Vice President at CDW Corp, sold 68 shares of common stock on November 13, 2024.
• The sale was executed at a price of $186.01 per share.
• This transaction was to cover FICA taxes arising from the vesting of restricted stock units.
• Following the transaction, Kulevich directly owns 25,435.81 shares of CDW Corp stock.

Sentiment

Score: 5

Explanation: The document reflects a routine transaction related to executive compensation and does not indicate any positive or negative sentiment.

Industry Context

This is a routine transaction related to executive compensation and is common for publicly traded companies.

Comparison to Industry Standards

• Stock sales by executives to cover taxes on vesting equity awards are a standard practice across publicly traded companies.
• The number of shares sold and the price are consistent with typical transactions of this nature.
• Similar transactions can be seen at companies like Accenture, IBM, and HP, where executives often sell shares to cover tax obligations.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a small sale of shares by an executive.
• The sale does not affect the company's operations or financial health.

Key Dates

Keywords

CDW Corp, stock sale, insider trading, Form 4, restricted stock units, FICA taxes, executive compensation