CDW Corp stock (US1258961002): Officers receive RSU grants in recent SEC filings

CDW Corp officers Hang Tan and Peter R. Locy were granted restricted stock units as compensation, per Form 4 filings on May 11, 2026, signaling long-term incentive alignment.

CDW Corp, a leading provider of technology solutions, disclosed recent equity grants to key officers in SEC Form 4 filings. Officer Hang Tan received 33,802 restricted stock units (RSUs) on May 11, 2026, vesting in three equal parts on May 11, 2027, 2028, and 2029. Separately, officer Peter R. Locy was awarded 1,950 RSUs vesting on March 5, 2029, with post-grant holdings of 5,902.6 shares after a dividend equivalent adjustment, according to StockTitan as of May 2026 and StockTitan as of May 2026. These no-cost grants under the Long-Term Incentive Plan aim to retain talent amid US IT market dynamics.

As of: 14.05.2026

By the editorial team – specialized in equity coverage.

At a glance

• Name: CDW Corp.
• Sector/industry: Technology hardware and software distribution
• Headquarters/country: United States
• Core markets: US, UK, Canada
• Key revenue drivers: Corporate, small business, government sales
• Home exchange/listing venue: Nasdaq (CDW)
• Trading currency: USD

CDW Corp: core business model

CDW Corp operates as a multichannel provider of technology products, services, and solutions primarily to business, government, education, and healthcare customers in the US. The company sources hardware, software, and services from vendors like Microsoft, Cisco, and Dell, reselling them with value-added support such as cloud migration and cybersecurity assessments. This model generated $22.9 billion in revenue for the fiscal year ended December 29, 2023, per the company's 2023 10-K filing published February 2024.

CDW's integrated platform includes online ordering, dedicated account managers, and professional services, serving over 250,000 customers annually. Its focus on recurring revenue from managed services now accounts for about 10% of sales, up from prior years, enhancing stability for US investors tracking tech distribution amid supply chain shifts.

Main revenue and product drivers for CDW Corp

Corporate sales represent the largest segment at roughly 50% of revenue, driven by enterprise hardware refreshes and cloud transitions. Small business and public sector follow, with government contracts providing steady demand. Key products include PCs, servers, networking gear, and software licenses, bolstered by services like endpoint management. In Q1 2024, services grew 10% year-over-year, according to the earnings release of May 2024.

Recent RSU grants to executives like Tan and Locy underscore alignment with growth in high-margin areas. For US investors, CDW's exposure to federal IT budgets and SMB digitization offers relevance in a market where tech spend exceeds $1.8 trillion annually, per IDC data as of 2025.

Industry trends and competitive position

The US IT distribution sector faces pressure from direct vendor sales and hyperscalers, but CDW differentiates via its services layer and vendor-neutral advice. Competitors like Insight Enterprises and SHI International trail in scale, with CDW holding about 5-7% market share. Trends like AI infrastructure and zero-trust security favor CDW's portfolio, which includes partnerships with NVIDIA and Palo Alto Networks.

Why CDW Corp matters for US investors

Listed on Nasdaq, CDW provides US investors direct access to resilient tech distribution with 80%+ revenue from North America. Its dividend yield and buyback program—$750 million authorized in 2024—appeal to income seekers, while exposure to government modernization ties it to US fiscal policy.

Conclusion

Recent RSU grants to CDW Corp officers highlight ongoing executive incentives amid a stable IT distribution model. With strong US market positioning and service growth, the company navigates sector headwinds effectively. Investors monitor upcoming earnings for further insights into demand trends.

Disclaimer: This article does not constitute investment advice. Stocks are volatile financial instruments.