Swedish Joseph 4

What Happened Swedish Joseph, a director of CDW Corp (CDW), received an award of 1,609 restricted stock units (RSUs) on March 5, 2026. The grant is reported as an acquisition at $0.00 per share (total reported value $0) because RSUs represent a future right to shares rather than a cash purchase.

Key Details

• Transaction date: 2026-03-05; reported on Form 4 filed 2026-03-09 (timely filing).
• Transaction type/code: A (award/grant); 1,609 RSUs granted at $0.00.
• Shares owned after transaction: not specified in the provided report.
• Footnote: Vesting occurs on the first anniversary of the grant; settlement into CDW common stock is deferred until the director separates from Board service (per footnote F1).
• No sale or cash purchase occurred—this is a compensation grant, not an open-market trade.

Context RSUs are a form of equity compensation that convert to shares (or cash in some plans) upon vesting/settlement. Because settlement here is deferred until separation from the board, these units do not immediately increase liquid share ownership and do not represent a market purchase or sale by the insider. This type of grant is common for directors as part of long-term incentive plans and should be interpreted as compensation rather than a direct signal of buying or selling.