Form 4: CDW Director Anthony Foxx to Acquire Additional Shares Through Dividend Equivalents

CDW Corporation Director Anthony R. Foxx is set to acquire 17.46 shares of common stock on June 10, 2025, as dividend equivalents under the company's Long-Term Incentive Plan, increasing his beneficial ownership to 5,011.68 shares.

Summary

• Reporting Person: Anthony R. Foxx, a Director of CDW Corporation.
• Issuer: CDW Corp (CDW).
• Transaction Date: June 10, 2025. This date is in the future relative to the filing date of June 12, 2025, indicating a pre-scheduled or anticipated transaction.
• Transaction Type: Acquisition of common stock.
• Shares to be Acquired: 17.46 shares.
• Acquisition Price: $0 per share, indicating a non-cash award.
• Nature of Acquisition: The shares represent dividend equivalents awarded pursuant to outstanding restricted stock unit awards previously granted under the CDW Corporation Long-Term Incentive Plan.
• Post-Transaction Ownership: Anthony R. Foxx will beneficially own 5,011.68 shares of CDW common stock following this transaction.

Sentiment

Score: 7

Explanation: The transaction reflects the routine award of dividend equivalents on existing restricted stock units, indicating the director's continued equity participation and alignment with shareholder interests, which is generally viewed positively.

Positives

• Director Anthony R. Foxx is scheduled to increase his beneficial ownership in CDW Corporation by acquiring 17.46 shares on June 10, 2025.
• The acquisition of shares as dividend equivalents indicates ongoing participation and alignment of director interests with shareholder value through the company's Long-Term Incentive Plan.

Future Outlook

N/A. This Form 4 filing reports a scheduled future transaction and does not provide broader forward-looking statements or guidance on company performance.

Industry Context

N/A. This Form 4 filing details an individual insider transaction and does not provide broader industry context or trends.

Stakeholder Impact

• Shareholders: The transaction demonstrates a director's continued equity ownership and alignment with shareholder interests through the company's long-term incentive plan.

Next Steps

• The transaction of 17.46 shares is scheduled to occur on June 10, 2025.

Key Dates

Recommendation

Keywords

CDW, Form 4, insider transaction, director, common stock, dividend equivalents, restricted stock units, long-term incentive plan, Anthony R. Foxx