LOCY PETER R 4
4 · CDW Corp · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
CDW SVP & Chief Accounting Officer Peter Locy Receives RSU Award
What Happened
Peter R. Locy, Senior Vice President, Controller, and Chief Accounting Officer of CDW Corp (CDW), received a grant of 660 restricted stock units (RSUs) on March 5, 2026. The award was reported as an acquisition at $0.00 (transaction code A). The RSUs vest in three equal installments — one third on each of March 5, 2027, 2028, and 2029 — under the CDW Corporation Long-Term Incentive Plan.
Key Details
- Transaction date: March 5, 2026 (grant).
- Filing date: March 9, 2026 (Form 4). Filing occurred four days after the grant (appears later than the typical 2-business-day deadline).
- Shares/units granted: 660 RSUs; reported acquisition price: $0.00 (award).
- Vesting: 1/3 on March 5 of 2027, 2028, and 2029 (per footnote).
- Shares owned after the transaction: Not specified in the filing.
- Footnote: Grant made under the CDW Corporation Long-Term Incentive Plan.
Context
RSU grants are compensation awards that convert into shares as they vest; they are not purchases or sales and therefore don't directly signal a near-term trading decision. Such grants are common for executives and align long-term incentives with shareholder value. The delayed filing is noteworthy because insiders are generally required to file Form 4 within two business days of a reportable transaction.
Insider Transaction Report
- Award
Common Stock, par value $0.01
[F1]2026-03-05+660→ 4,053.52 total
Footnotes (1)
- [F1]This is a grant of restricted stock units under the CDW Corporation Long-Term Incentive Plan. The restricted stock units vest as to one third of the shares on each of March 5, 2027, 2028, and 2029.