Balaji Saranga has officially filed a Form 3 with the Securities and Exchange Commission (SEC), revealing that he currently holds no shares of common stock in CDW Corp. This filing is significant as it highlights Saranga's position as a director at the company, which may influence governance and ownership transparency.
CDW Corp, a prominent player in the retail-catalog and mail-order houses sector, has been under scrutiny as stakeholders seek clarity on ownership structures. Saranga's filing, dated October 19, 2026, indicates a lack of direct ownership in the company's stock, which may raise questions about his financial stake in the organization.
Background
Balaji Saranga is associated with CDW Corp, a company identified under the Central Index Key (CIK) 0001402057. CDW operates in the retail-catalog and mail-order houses industry, specifically categorized under the SIC code 5961. The company is based in Vernon Hills, Illinois, and is known for providing technology solutions and services.
What the Filing Says
The Form 3 filing states that Saranga owns no securities in CDW Corp as of the reporting date of October 15, 2026. The document confirms that he is a director but does not hold any shares in the company, stating, "no securities owned: 0."
Impact
This filing may affect various stakeholders, including investors and analysts who monitor CDW Corp's governance and ownership dynamics. Saranga's lack of ownership could influence perceptions of his commitment to the company and its strategic direction.
What's Next
The filing does not say what happens next.