Form 4: CDW Executive Sells Shares for Tax Obligations

CDW's SVP Controller & CAO, Peter R. Locy, reported the disposition of 139 shares of common stock to cover tax liabilities from a restricted stock unit award.

Summary

• Peter R. Locy, SVP Controller & CAO of CDW Corp, reported a transaction involving the company's common stock.
• On December 22, 2025, Mr. Locy disposed of 139 shares of CDW common stock.
• The shares were disposed of at a price of $144.88 per share.
• This transaction was conducted to cover taxes incurred in connection with the settlement of a restricted stock unit award.
• Following this transaction, Mr. Locy beneficially owns 3,227.71 shares of CDW common stock directly.

Sentiment

Score: 5

Explanation: The filing reports a routine, non-discretionary transaction for tax withholding related to equity compensation, which is neutral in sentiment.

Future Outlook

This filing does not contain any forward-looking statements or guidance.

Industry Context

This routine insider transaction for tax purposes is common across all industries for executives receiving equity compensation and does not reflect specific industry trends or competitive positioning.

Stakeholder Impact

• Shareholders: Minimal impact as this is a routine, non-discretionary transaction for tax purposes and does not indicate a change in management's view of the company's prospects.

Key Dates

Keywords

CDW, Insider Transaction, Form 4, Stock Sale, Restricted Stock Unit, Tax Withholding, Peter R. Locy