CDW (CDW) officer Peter R. Locy granted 1,950 RSUs vesting March 5, 2029
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LOCY PETER R reported acquisition or exercise transactions in this Form 4 filing.
CDW Corp reported that officer Peter R. Locy received a grant of 1,950 shares of common stock in the form of restricted stock units under the CDW Corporation Long-Term Incentive Plan. These restricted stock units vest on March 5, 2029. Following this award, Locy directly holds 5,902.6 shares of common stock, a figure that includes an adjustment of 0.61 shares from dividend equivalent awards credited on March 10, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
LOCY PETER R
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 | 1,950 | $0.00 | -- |
Holdings After Transaction:
Common Stock, par value $0.01 — 5,902.6 shares (Direct, null)
Footnotes (1)
- This is a grant of restricted stock units under the CDW Corporation Long-Term Incentive Plan. The restricted stock units vest on March 5, 2029. This figure has been adjusted to reflect the addition of 0.61 shares, representing dividend equivalent awards on March 10, 2026, which were inadvertently omitted from the Form 4 filed on March 12, 2026.
Key Figures
RSU grant size: 1,950 shares
Grant price: $0.00 per share
Post-transaction holdings: 5,902.6 shares
+2 more
5 metrics
RSU grant size
1,950 shares
Restricted stock units granted on May 11, 2026
Grant price
$0.00 per share
Reported transaction price for RSU grant
Post-transaction holdings
5,902.6 shares
Total CDW common shares directly held after grant
Dividend equivalent adjustment
0.61 shares
Dividend equivalent awards credited March 10, 2026
Vesting date
March 5, 2029
Vesting date for 1,950 restricted stock units
Key Terms
restricted stock units, CDW Corporation Long-Term Incentive Plan, dividend equivalent awards
3 terms
restricted stock units financial
"This is a grant of restricted stock units under the CDW Corporation Long-Term Incentive Plan."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
CDW Corporation Long-Term Incentive Plan financial
"This is a grant of restricted stock units under the CDW Corporation Long-Term Incentive Plan."
dividend equivalent awards financial
"representing dividend equivalent awards on March 10, 2026, which were inadvertently omitted"
FAQ
What insider transaction did CDW (CDW) report for Peter R. Locy?
CDW reported that officer Peter R. Locy received a grant of 1,950 restricted stock units settled in common stock. The award was made under the CDW Corporation Long-Term Incentive Plan and increases his directly held common stock position reported in this filing.
When do Peter R. Locy’s newly granted CDW (CDW) restricted stock units vest?
The 1,950 restricted stock units granted to Peter R. Locy vest on March 5, 2029. Vesting means the units convert into common stock on that date, subject to the plan’s terms as described in the Long-Term Incentive Plan referenced in this report.
What are the dividend equivalent awards mentioned in the CDW (CDW) Form 4 footnote?
The filing notes an addition of 0.61 shares credited as dividend equivalent awards on March 10, 2026. This small amount was inadvertently omitted from a prior Form 4 and is now included in Locy’s updated post-transaction share balance of 5,902.6 shares.
Under which plan were Peter R. Locy’s CDW (CDW) restricted stock units granted?
The 1,950 restricted stock units were granted under the CDW Corporation Long-Term Incentive Plan. The footnote explains that these units are classified as restricted stock units and will vest into common stock on March 5, 2029, under the plan’s provisions.