Swedish Joseph 4
Research Summary
AI-generated summary
CDW Director Swedish Joseph Receives 30.95-Share Award
What Happened Swedish Joseph, a director of CDW Corp (CDW), was credited with 30.95 shares on 2026-06-10 as an award/acquisition (code A). The shares were valued at $129.30 each, for a total value of $4,002. This award represents dividend equivalents paid on outstanding restricted stock unit (RSU) awards rather than an open‑market purchase.
Key Details
- Transaction date: 2026-06-10; Filing date: 2026-06-12 (filed within the typical 2-business-day window).
- Shares awarded: 30.95 at $129.30 per share; total value $4,002.
- Shares owned after the transaction: Not specified in the provided filing.
- Footnote: Dividend equivalents were awarded pursuant to outstanding RSU awards under the CDW Corporation Long-Term Incentive Plan.
- Transaction type: A = Award/acquisition (not a purchase or sale).
Context Dividend-equivalent awards convert cash or credit from dividends on unvested RSUs into additional shares; they are routine, typically administrative, and not the same as an insider buying stock on the open market. The small dollar value ($4k) suggests this is a routine credit rather than a material insider investment signal.