CDW Corp·4

Jun 12, 4:03 PM ET

CONNELLY ELIZABETH H. 4

Research Summary

AI-generated summary

Updated

CDW CCO Elizabeth Connelly Receives 88-Share Award

What Happened
Elizabeth H. Connelly, Chief Commercial Officer and Executive Vice President of CDW Corp (CDW), received an award of 88.41 shares on June 10, 2026. The shares were recorded at $129.30 per share for a total value of $11,431. This transaction is an award of dividend equivalents on previously granted restricted stock units (RSUs), not an open‑market purchase or sale.

Key Details

  • Transaction type: Award / acquisition (Code A) — 88.41 shares @ $129.30 each = $11,431.
  • Transaction date: June 10, 2026; Form 4 filed June 12, 2026 (timely filing).
  • Footnote F1: These shares are dividend equivalents awarded under outstanding RSU awards granted under CDW’s Long‑Term Incentive Plan.
  • Footnote F2: The reported amount was adjusted to add 6.2 shares (dividend equivalents from March 10, 2026) that were inadvertently omitted from a prior Form 4 filed March 12, 2026.
  • Shares owned after transaction: Not stated in the provided excerpt of the filing.

Context
Dividend equivalents on RSUs are a common way companies credit value to executives tied to existing equity awards; they are not a market purchase or sale and do not directly signal insider buying or selling intent. The adjustment noted in F2 corrects an earlier filing omission and does not by itself indicate new compensation beyond the previously granted RSUs.