Form 4: CDW Executive Sells Shares for Tax Obligations

CDW Corporation's Chief Commercial Officer reported a disposition of common stock to cover FICA taxes related to restricted stock unit vesting.

Summary

• Elizabeth H. Connelly, Chief Commercial Officer and Executive Vice President of CDW Corporation, reported a transaction.
• On November 24, 2025, 363 shares of CDW Common Stock, par value $0.01, were disposed of.
• The shares were disposed at a price of $141.92 per share.
• The disposition was made to cover FICA taxes arising from retirement vesting eligibility on previously granted restricted stock unit awards under the CDW Corporation Long-Term Incentive Plan.
• Following this transaction, Elizabeth H. Connelly beneficially owns 22,351.22 shares of Common Stock.

Sentiment

Score: 5

Explanation: The filing reports a routine, non-discretionary disposition of shares to cover tax obligations related to restricted stock unit vesting, which is a standard practice and does not indicate a change in sentiment.

Stakeholder Impact

• Minimal direct impact on shareholders as this is a routine, non-discretionary transaction for tax purposes related to executive compensation.

Key Dates

Recommendation

This Form 4 reports a routine, non-discretionary disposition of shares by an executive to cover FICA tax obligations upon the vesting of restricted stock units. Such transactions are common and typically do not reflect a change in the executive's view of the company's prospects or warrant a change in investment recommendation based solely on this filing.

Keywords

CDW, Form 4, insider transaction, stock disposition, FICA taxes, restricted stock units, executive compensation