Research Summary
AI-generated summary of this SEC filing
CDW Director Marc Ellis Jones Receives Award
What Happened Marc Ellis Jones, a director of CDW Corp (CDW), was awarded 19.93 shares on 2026-09-10 valued at $142.60 per share, totaling approximately $2,842. The filing reports this as an Award/Grant (transaction code A) and the award represents dividend equivalents settled in shares.
Key Details
- Transaction date: 2026-09-10; Filing date (Form 4): 2026-09-14 (filed within the typical 2-business-day window).
- Price per share reported: $142.60; Shares acquired: 19.93; Total value: ~$2,842.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnote: These shares were "dividend equivalents awarded pursuant to outstanding restricted stock unit awards previously granted under the CDW Corporation 2021 Long-Term Incentive Plan."
- Transaction code: A (Award/Grant).
Context Dividend-equivalent awards are payments tied to outstanding restricted stock units and are often settled in shares; they are not open-market purchases or sales and generally reflect compensation plan mechanics rather than an insider trading signal. This is a small, routine award and should be interpreted as compensation-related, not a directional market bet by the director.