LOCY PETER R 4

What Happened Peter R. Locy, Senior Vice President, Controller, and Chief Accounting Officer of CDW Corp (CDW), received a small award of 10.54 shares (dividend equivalents on outstanding RSUs) on 2026-03-10. On 2026-03-12, 112.07 shares were disposed (withheld) at $118.91 per share to satisfy tax withholding related to the settlement of previously granted restricted stock units, generating proceeds of about $13,326. The award was recorded at $0 for the dividend-equivalent shares.

Key Details

• Transactions: Award (code A) of 10.54 shares on 2026-03-10; tax-withholding disposition (code F) of 112.07 shares on 2026-03-12 at $118.91/share (total ~$13,326).
• Footnotes: Dividend equivalents were awarded under the CDW 2021 Long-Term Incentive Plan; the 112.07 shares were withheld to cover taxes on settlement of RSUs.
• Shares owned after the transactions: not reported in the provided filing excerpt.
• Filing timeliness: Form filed 2026-03-12 for transactions through 2026-03-10 — appears to be timely (within the typical 2-business-day reporting window).

Context

• This was not a market-driven sale to take profits but a routine, employer-handled tax withholding following RSU settlement (a common administrative disposition).
• The award (dividend equivalents) and the withholding relate to equity compensation, not an open-market purchase or sale that indicates a trading signal.