Research Summary
AI-generated summary of this SEC filing
CDW (CDW) CEO Christine A. Leahy Receives 825 Shares Award
What Happened
Christine A. Leahy, Chair, President, and Chief Executive Officer of CDW Corp (CDW), was credited with 825.3 shares on 2026-09-10 as an award (code A) at an attributed price of $142.60 per share, a total value of about $117,688. This was a dividend-equivalent award related to previously granted restricted stock units, not an open-market purchase.
Key Details
- Transaction date: 2026-09-10; filing date: 2026-09-14 (filed after the typical 2-business-day Form 4 window).
- Price used: $142.60 per share; shares awarded: 825.3; total value ≈ $117,688.
- Transaction type/code: A (award/grant/acquisition); footnote indicates these are dividend equivalents under the CDW 2021 Long-Term Incentive Plan.
- Shares are indirectly held through a family trust (footnote).
- Shares owned after the transaction were not specified in the provided filing excerpt.
Context
Dividend-equivalent awards credit additional shares tied to outstanding RSUs and are a routine part of long-term compensation; they do not represent an outright purchase or sale and therefore shouldn’t be read as a direct market sentiment signal. Note the Form 4 was filed several days after the transaction date, which is later than the usual 2-business-day reporting requirement—investors may consider timeliness when reviewing insider activity.