ADDICOTT VIRGINIA C. 4
4 · CDW Corp · Filed Jun 12, 2026
Research Summary
AI-generated summary of this filing
CDW Director Virginia Addicott Receives 90.14-Share Award
What Happened
Virginia C. Addicott, a director of CDW Corp (CDW), was credited with 90.14 shares as an acquisition-type award on June 10, 2026. The shares are recorded at $129.30 each, for a total value of $11,655. The transaction is reported on a Form 4 as an award/acquisition (code A) and reflects dividend equivalents tied to previously granted restricted stock unit (RSU) awards.
Key Details
- Transaction date: 2026-06-10; Report filed: 2026-06-12 (appears timely under the two-business-day Form 4 rule).
- Shares credited: 90.14 at $129.30 per share; aggregate reported value $11,655.
- Footnote F1: These are dividend equivalents awarded pursuant to outstanding RSU awards under CDW’s Long-Term Incentive Plan.
- Footnote F2: The reported figure was adjusted to add 5.36 shares (dividend equivalents from March 10, 2026) that were omitted from Addicott’s Form 4 filed on March 12, 2026.
- Shares owned after the transaction: not disclosed in the provided extract.
Context
This was not an open-market purchase but dividend-equivalent shares credited under existing RSUs—common corporate practice that does not necessarily signal a change in the insider’s view of the stock. Dividend-equivalent awards simply convert dividend value into additional RSU shares; they are administrative in nature rather than active buying or selling.
Insider Transaction Report
- Award
Common Stock, par value $0.01
[F1][F2]2026-06-10$129.30/sh+90.14$11,655→ 18,593.33 total
Footnotes (2)
- [F1]Dividend equivalents awarded pursuant to outstanding restricted stock unit awards previously granted under the CDW Corporation Long-Term Incentive Plan.
- [F2]This figure has been adjusted to reflect the addition of 5.36 shares, representing dividend equivalent awards on March 10, 2026, which were inadvertently omitted from the Form 4 filed on March 12, 2026.