CDW Director James A. Bell Receives Award of 95.7 Shares

What Happened

• James A. Bell, a director of CDW Corp (CDW), received an award of 95.7 shares on 2026-09-10. The shares were recorded as dividend equivalents credited under outstanding restricted stock unit (RSU) awards. The filing values the award at $142.60 per share, for a total of $13,647.
• This was an award/grant (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date and price: 2026-09-10; 95.7 shares at $142.60/share; total $13,647.
• Transaction type: Award/Grant (A) — dividend equivalents credited to existing RSUs under the CDW 2021 Long‑Term Incentive Plan (footnote F1).
• Shares owned after transaction: not specified in this filing.
• Tax withholding/disposition: none reported in this Form 4.
• Filing timeliness: Form 4 was filed 2026-09-14 (4 days after the transaction); this appears later than the SEC’s standard two-business-day reporting window.

Context

• These shares represent dividend equivalents credited to previously granted RSUs, effectively increasing the RSU balance; they are not a cash purchase and do not necessarily signal a new personal investment decision.
• For retail investors, awards and dividend-equivalent credits are common compensation mechanics and differ from open-market buys (which may indicate a direct bullish bet).