KULEVICH FREDERICK J. 4
Research Summary
AI-generated summary
CDW Chief Legal Officer Frederick Kulevich Receives Award
What Happened
- Frederick J. Kulevich, Chief Legal Officer, EVP, Risk and Compliance, and Corporate Secretary of CDW Corp (CDW), had 2,812.33 performance shares vest on 2026-02-13. The filing shows an acquisition at $0.00 (vesting award).
- To cover taxes on the vesting, 1,296.6 shares were withheld/disposed to the issuer at $126.86 per share, generating $164,487. Net increase in beneficially owned shares from the vesting: 1,515.73 shares.
Key Details
- Transaction date(s): 2026-02-13.
- Award/Acquisition: 2,812.33 shares @ $0.00 (vesting of performance shares) — footnote F1.
- Disposal to issuer (tax withholding): 1,296.6 shares @ $126.86 = $164,487 — footnote F2.
- Net change: +1,515.73 shares retained after withholding.
- Shares owned after the transaction: not specified in the provided filing.
- Footnotes: F1 = shares acquired upon vesting of performance shares; F2 = shares withheld to cover taxes on vesting.
- Filing timeliness: Report filed 2026-02-18 for a 2026-02-13 transaction (appears to be filed after the typical 2-business-day Form 4 deadline).
Context
- This was a vesting of performance shares (an award), not an open-market purchase; the withholding of shares to cover taxes is a routine administrative step and does not necessarily indicate a change in the insider’s view of the company.
- Net retained shares (1,515.73) represent the actual increase in the insider’s stake from the vesting.