NELMS DAVID W 4

What Happened
David W. Nelms, a director of CDW Corp (CDW), was credited with 163.68 shares on March 10, 2026. The Form 4 reports this as an award/acquisition (code A) at $0.00 per share — these shares were granted as dividend equivalents tied to previously granted restricted stock unit (RSU) awards. This is not a purchase or sale of stock but an issuance of shares in lieu of cash dividends.

Key Details

• Transaction date: 2026-03-10; Form 4 filed: 2026-03-12 (timely filing).
• Transaction type/code: Award/Grant (A) — 163.68 shares at $0.00 reported.
• Shares owned after transaction: Not disclosed in the provided filing.
• Footnote: Dividend equivalents awarded pursuant to outstanding RSU awards under the CDW Corporation 2021 Long-Term Incentive Plan.
• Filing timeliness: No late filing indicated.

Context
Dividend equivalents on RSUs are routine and represent shares credited in lieu of cash dividends for outstanding equity awards. Such awards are administrative/compensation-related and do not necessarily indicate an active buy or sell decision by the insider.