CLARIZIO LYNDA M 4

What Happened
Lynda M. Clarizio, a director of CDW Corporation (CDW), was awarded 7.88 shares (reported as an acquisition/award) on June 10, 2026. The shares are valued at $129.30 each, for a total reported value of $1,019. This transaction represents dividend-equivalent awards credited under outstanding restricted stock unit (RSU) awards — not an open-market purchase or sale.

Key Details

• Transaction date: June 10, 2026; Price per share reported: $129.30; Shares acquired: 7.88; Total value: $1,019.
• Filing date: June 12, 2026 (filed within the typical Form 4 window).
• Shares owned after the transaction: not disclosed in the provided filing details.
• Footnotes:
  • F1: These are dividend equivalents awarded pursuant to outstanding RSU awards under CDW's Long-Term Incentive Plan.
  • F2: The figure was adjusted to add 0.78 shares representing dividend equivalents from March 10, 2026 that were inadvertently omitted from a prior Form 4 filed March 12, 2026.

Context
Dividend-equivalent awards on RSUs are a common way companies credit additional shares to holders of outstanding deferred or restricted awards; they are generally administrative/compensation events rather than direct signals of insider buying or selling. This is an award/acquisition (code A) tied to existing RSUs, not a market purchase (P) or sale (S).