Form 4: CDW Executive Peter Locy Reports Stock Acquisition

CDW Corporation Senior Vice President and Chief Accounting Officer Peter Locy acquired 18.56 shares of common stock via dividend equivalents.

Summary

• Peter R. Locy, Senior Vice President, Controller, and Chief Accounting Officer of CDW Corporation, acquired 18.56 shares of common stock.
• The transaction occurred on June 10, 2026, at a price of $129.30 per share.
• The acquisition was executed through dividend equivalents awarded under outstanding restricted stock unit awards.
• Following this transaction, the reporting person's total beneficial ownership is 5,921.15 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral administrative filing reflecting standard equity compensation maintenance.

Positives

• The acquisition reflects the accumulation of shares through dividend reinvestment, indicating continued alignment with shareholder interests.

Future Outlook

Not applicable as this is a routine disclosure of beneficial ownership changes.

Industry Context

StockSavvy.ai notes that routine dividend equivalent acquisitions by corporate officers are standard administrative events and do not typically signal shifts in corporate strategy or market outlook.

Comparison to Industry Standards

• The filing follows standard SEC reporting requirements for Section 16 insiders.
• The use of dividend equivalents is a common practice in executive compensation plans for large-cap technology and services firms like CDW.

Stakeholder Impact

• Minimal impact on shareholders as this represents a routine adjustment of executive holdings.

Key Dates

Keywords

CDW, Insider Trading, Form 4, Dividend Equivalents, Corporate Governance