CDW Chief Commercial Officer Elizabeth Connelly Receives Award

What Happened
Elizabeth Connelly, Chief Commercial Officer and Executive Vice President of CDW Corp (CDW), was credited with 237.88 shares as an award (code A) on 2026-09-10. The filing values the award at $142.60 per share, for a total reported value of $33,922. This was a dividend-equivalent credit tied to previously granted restricted stock unit (RSU) awards, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-09-10; Filing date: 2026-09-14 (filed 4 days after the transaction; Form 4 is generally due within 2 business days, so this appears late).
• Transaction type/code: A — Grant/award/acquisition (dividend-equivalent shares credited under RSUs).
• Shares awarded: 237.88; Price/value per share: $142.60; Total value: $33,922.
• Footnote: Dividend equivalents awarded pursuant to outstanding RSU awards previously granted under the CDW Corporation 2021 Long-Term Incentive Plan.
• Shares owned after the transaction: not specified in the provided filing.

Context
Dividend-equivalent shares are typically credited automatically under outstanding RSU awards and represent payment of dividends on those units; they do not reflect an insider decision to buy or sell stock. Such awards are common executive compensation mechanics and should be interpreted differently than outright purchases or sales.