Jones Marc Ellis 4

What Happened Marc Ellis Jones, a director of CDW Corp (ticker: CDW), was credited with 22.43 shares on March 10, 2026. The shares were recorded as an award/acquisition (transaction code A) at $0.00 per share — total cash paid $0.00. The filing indicates these shares represent dividend equivalents tied to previously granted restricted stock units (RSUs) under CDW’s 2021 Long‑Term Incentive Plan.

Key Details

• Transaction date: 2026-03-10; Form 4 filed: 2026-03-12 (timely filing).
• Transaction type/code: Award/Acquisition (A); 22.43 shares at $0.00 per share.
• Reported value: $0.00 (shares issued as dividend equivalents, not a cash purchase).
• Footnote: Dividend equivalents awarded pursuant to outstanding RSU awards under the CDW Corporation 2021 Long‑Term Incentive Plan.
• Shares owned after the transaction: not stated in the provided filing extract.

Context Dividend-equivalent awards are routine plan-driven credits that convert dividend payments on RSUs into additional shares; they are not open‑market purchases or sales and do not necessarily signal a change in the insider’s view of the company. This was a non-cash award rather than a purchase or sale.