Form 4: CDW Director Lynda Clarizio Reports Stock Acquisition

CDW Director Lynda M. Clarizio reported the acquisition of 4.63 shares of common stock through dividend equivalents on December 10, 2025, increasing her beneficial ownership to 14,454.51 shares.

Summary

• Lynda M. Clarizio, a Director of CDW Corp, acquired 4.63 shares of CDW common stock.
• The acquisition occurred on December 10, 2025, at a price of $149.54 per share.
• These shares were acquired as dividend equivalents related to outstanding restricted stock unit awards previously granted under the CDW Corporation Long-Term Incentive Plan.
• Following this transaction, Ms. Clarizio beneficially owns 14,454.51 shares of CDW common stock.

Sentiment

Score: 6

Explanation: Slightly positive as it indicates a director's continued equity ownership and participation in the company's long-term incentive plan, aligning interests with shareholders. However, the small number of shares acquired via dividend equivalents makes it a routine, rather than a significantly bullish, event.

Positives

• A director's acquisition of shares, even through dividend equivalents, aligns their interests with shareholders.
• The transaction reflects the ongoing operation of the company's Long-Term Incentive Plan.

Future Outlook

NA

Industry Context

This is a routine insider transaction for a director, common across publicly traded companies as part of equity compensation plans. It does not provide specific insights into broader industry trends.

Stakeholder Impact

• Shareholders: The director's increased beneficial ownership aligns her interests with those of other shareholders.

Key Dates

Recommendation

This Form 4 filing reports a routine acquisition of a small number of shares by a director through dividend equivalents. While it indicates continued alignment of interests, it does not provide new fundamental information about the company's performance, strategy, or financial health that would warrant a change in investment recommendation. Investors should continue to hold based on broader company fundamentals.

Keywords

CDW, Lynda Clarizio, Form 4, Insider Transaction, Stock Acquisition, Dividend Equivalents, Restricted Stock Units, Director, CDW Corp