CDW ($CDW) on Dec 19, 2025 entered Compensation Protection Agreements with NEOs Christine A.
Filed with the SEC on · Summarized by InvestorsBot
CDW ($CDW) on Dec 19, 2025 entered Compensation Protection Agreements with NEOs Christine A. Leahy, Albert J. Miralles, Frederick J. Kulevich and Katherine E. Sanderson, effective Jan 1, 2026. Agreements extend expiration to Jan 1, 2029; include non‑compete & severance. ✍️📌 #CDW #CorporateGovernance
Key change: severance-year pro‑rata bonus will use the target annual bonus (not actual performance) in severance calculations — may increase potential severance payouts on termination. Administrative edits made; form filed as Exhibit 10.2. 📈🧾 $CDW #ExecutivePay #CDW
Takeaway: 3‑year extension (to 1/1/2029) preserves retention protections but raises fixed severance exposure. Investors should monitor disclosed severance costs and any future qualifying terminations. ⚖️ $CDW #CorporateGovernance #ExecutivePay