CDW Corp·4

Feb 18, 4:59 PM ET

LEAHY CHRISTINE A 4

4 · CDW Corp · Filed Feb 18, 2026

Research Summary

AI-generated summary of this filing

Updated

CDW CEO Christine Leahy Receives Award; Withholds Shares for Taxes

What Happened

  • Christine A. Leahy, Chair, President and Chief Executive Officer of CDW Corp (CDW), had 13,846.71 performance shares vest on 2026-02-13 (reported on Form 4 filed 2026-02-18). These vested shares were recorded at $0 acquisition cost (award vesting).
  • At vesting, 6,158.5 of those shares were surrendered to the issuer to cover taxes at a price of $126.86 per share, resulting in $781,267 withheld. The net increase in her holdings from the vesting was 7,688.21 shares (13,846.71 vested − 6,158.5 withheld).

Key Details

  • Transaction date: 2026-02-13; Form 4 filed: 2026-02-18 (appears to be filed after the typical 2-business-day deadline).
  • Award: 13,846.71 performance shares vested (footnote: F1 — vesting of previously granted performance shares).
  • Tax withholding: 6,158.5 shares withheld/surrendered to issuer to cover taxes (footnote: F2).
  • Price for withheld shares: $126.86 per share; total value withheld ≈ $781,267.
  • Shares indirectly held through a family trust (footnote: F3).
  • The filing does not state Leahy’s total CDW shareholdings after these transactions; net increase from the vesting was 7,688.21 shares.

Context

  • This was not an open-market sale or purchase: it was the routine vesting of performance-based equity and the common practice of withholding shares to satisfy tax obligations. Such withholding transactions are administrative and do not necessarily indicate trading sentiment.

Insider Transaction Report

Form 4
Period: 2026-02-13
LEAHY CHRISTINE A
DirectorSee Remarks
Transactions
  • Award

    Common Stock, par value $0.01

    [F1]
    2026-02-13+13,846.71159,143.82 total
  • Disposition to Issuer

    Common Stock, par value $0.01

    [F2]
    2026-02-13$126.86/sh6,158.5$781,267152,985.32 total
Holdings
  • Common Stock, par value $0.01

    [F3]
    (indirect: By Trust)
    17,250
Footnotes (3)
  • [F1]Represents shares acquired upon the vesting of performance shares previously granted to the reporting person.
  • [F2]Represents shares withheld to cover taxes incurred in connection with the vesting of performance shares.
  • [F3]These shares are indirectly held through a family trust.
Signature
/s/ Debra Wasserman, Attorney-in-Fact|2026-02-18

Documents

1 file
  • 4
    wk-form4_1771451994.xmlPrimary

    FORM 4