CDW Corp·4

Mar 9, 4:03 PM ET

LOCY PETER R 4

Research Summary

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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.