CDW Director David W. Nelms Receives Award of 147.59 Shares

What Happened David W. Nelms, a director of CDW Corp (CDW), received 147.59 shares on September 10, 2026 as an award/acquisition. The filing values the award at $142.60 per share for a total of approximately $21,046. This transaction represents dividend equivalents credited under previously granted restricted stock unit (RSU) awards, not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-09-10; filing date (Form 4): 2026-09-14 (appears to be filed after the typical 2-business-day Form 4 deadline).
• Shares acquired: 147.59 at $142.60 per share; total value ≈ $21,046.
• Consideration type: Award/acquisition (dividend equivalents credited to outstanding RSUs).
• Footnote: Dividend equivalents awarded pursuant to outstanding restricted stock unit awards previously granted under the CDW Corporation 2021 Long-Term Incentive Plan.
• Shares owned after transaction: Not specified in the provided filing details.

Context Dividend-equivalent awards are a common plan-driven credit to holders of RSUs and generally reflect plan mechanics (not necessarily a new vote of confidence). Because this was an award of dividend equivalents rather than a cash purchase, it should be interpreted as routine compensation/plan activity rather than an explicit insider market buy or sell. The later filing date may be a timeliness issue for regulators; retail investors should note the filing delay but recognize the transaction itself is plan-related.