MIRALLES ALBERT JOSEPH JR 4
4 · CDW Corp · Filed Feb 18, 2026
Research Summary
AI-generated summary of this filing
CDW CFO Albert Miralles Receives Award; Shares Withheld for Taxes
What Happened Albert Joseph Miralles Jr., Chief Financial Officer and EVP, EBO of CDW Corp (CDW), had 4,179.86 performance shares vest on Feb 13, 2026 (award, reported at $0.00 per share). To cover taxes on the vesting, 1,894.4 of those shares were withheld (disposition to issuer) at an effective value of $126.86 per share, totaling $240,324. Net shares delivered to Miralles were 2,285.46 (4,179.86 vested minus 1,894.4 withheld).
Key Details
- Transaction date: 2026-02-13; Filing date: 2026-02-18 (filed five days after the transaction).
- Award: 4,179.86 performance shares granted/vested (code A), $0.00 per share reported.
- Withholding: 1,894.4 shares withheld to cover taxes (reported as disposition to issuer), $126.86 per share, $240,324 total.
- Net shares received: 2,285.46 shares.
- Footnotes: F1 = shares vested from previously granted performance awards; F2 = shares withheld to cover taxes.
- Shares owned after the transaction: not reported in this Form 4 filing.
- Timeliness: Filing occurred on Feb 18 for a Feb 13 transaction; this likely missed the standard two-business-day Form 4 deadline.
Context This was a vesting of performance-based restricted stock (an award), not an open-market purchase or a voluntary sale. The withholding of shares to cover taxes is a routine administrative step (common for cashless settlement of withholding) and does not necessarily indicate a change in insider sentiment.
Insider Transaction Report
- Award
Common Stock, par value $0.01
[F1]2026-02-13+4,179.86→ 37,325.31 total - Disposition to Issuer
Common Stock, par value $0.01
[F2]2026-02-13$126.86/sh−1,894.4$240,324→ 35,430.91 total
Footnotes (2)
- [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.