PC Connection Inc. filings document the reporting obligations of a Delaware information technology solutions provider listed on Nasdaq under the symbol CNXN. Form 8-K reports furnish operating results, financial-condition updates, Regulation FD disclosures, quarterly cash dividend announcements and capital-return actions, including share repurchase authorizations.
The company’s proxy materials cover board governance, executive compensation, equity-award disclosures, shareholder voting matters and related annual-meeting records. Together, the filings describe Connection’s public-company governance, capital structure, common-stock matters and recurring financial disclosures tied to its IT products, services and customer-market segments.
PC Connection CEO Timothy J. McGrath reported the vesting and one-for-one conversion of 5,000 restricted stock units into common stock on October 29, 2026. On that date, 1,968 shares were delivered or withheld for payment of exercise price or tax liability, at a reported price of $85.62 per share.
PC Connection, Inc. (CNXN) reported third-quarter 2026 net sales of $874.3 million, up 23.3% year over year, and net income of $31.5 million, compared with $24.7 million in third-quarter 2025. Operating income was $41.0 million, versus $30.3 million. Gross profit rose to $161.9 million, while gross margin was 18.5%, compared with 19.6%.
For the nine months ended September 30, 2026, net sales were $2,450.2 million and net income was $81.8 million, versus $2,169.8 million and $63.0 million, respectively. Operating activities used $39.8 million of cash, compared with $38.0 million provided in 2025. Management attributed the cash-flow change primarily to changes in receivables, payables and inventory, including inventory for large-scale customer deployments.
The board declared a $0.20-per-share quarterly cash dividend, payable November 27, 2026, to shareholders of record November 10. Matthew Zafirovski became President and Chief Operating Officer effective October 12; Timothy J. McGrath ceased serving as President and remains Chief Executive Officer. The company said memory shortages could raise inventory costs, reduce margins or limit product availability; tariffs could increase inventory costs, reduce margins or lead to higher prices.
PC Connection, Inc. (CNXN) reported third-quarter 2026 net sales of $874.313 million, up 23.3% year over year, while gross profit rose 16.7% to $161.861 million. Gross billings were $1.3 billion, up 19.4%. Net income increased 27.2% to $31.458 million, and diluted EPS was $1.24 versus $0.97. Gross margin was 18.5%, down 110 basis points from 19.6%.
For the first nine months, net sales were $2,450.175 million, up 12.9%, and net income was $81.849 million, up 29.9%. Net cash provided by operating activities was $9.723 million for the quarter, compared with $64.149 million a year earlier; over nine months, cash used in operations was $39.819 million, versus $38.020 million provided in 2025. Cash and cash equivalents plus short-term investments totaled $343.3 million as of September 30, 2026.
The board declared a $0.20-per-share quarterly cash dividend, payable November 27, 2026, to shareholders of record November 10, 2026.
PC Connection (CNXN) reports that the David Hall Trust 2003 sold 15,196 shares on October 20 and 21, 2026. Patricia Gallup, the company’s Chairman & Chief Admin Officer, is the trust’s sole trustee and sole beneficiary of its shares. The sales were made under a Rule 10b5-1 trading plan adopted March 9, 2026. Three entries reported weighted-average prices: 7,925 shares at $86.56, 6,084 at $87.12 and 1,108 at $87.64 per share; the remaining 79 shares were reported at $87.33 per share.
PC Connection Inc. President & COO Matthew David Zafirovski was granted 25,000 restricted stock units on October 12, 2026. Each unit represents a contingent right to receive one common share. The units vest in equal annual installments over four years, beginning with 25% on October 12, 2027, and an additional 25% on each anniversary thereafter until fully vested.
PC Connection’s Form 3 lists Matthew David Zafirovski as President & COO.
PC Connection, Inc. appointed Matthew Zafirovski as President and Chief Operating Officer effective October 12, 2026. He reports to Chief Executive Officer Timothy J. McGrath, who ceased serving as President on that date and remains CEO. Zafirovski’s annual base salary is $700,000, and he is eligible for the Executive Bonus Plan at a basic rate of 100% of base salary, subject to performance-based acceleration tables. He will be granted 25,000 restricted stock units entitling him to an equal number of common shares, vesting at 25% per year beginning on the first anniversary of the grant date. If the company terminates his employment for a reason other than death, disability, or cause, he is entitled to severance equal to his base salary at the rate in effect on the termination date, for the shorter of six months or until he secures other employment.
PC Connection, Inc. (CNXN) reported that David Hall Trust 2003 sold 5,570 shares at a weighted-average price of $92.42 and 1,572 shares at $93.06 on October 5, 2026; on October 6, it sold 6,174 shares at a weighted-average price of $92.07 and 56 shares at $92.95. Patricia Gallup, the company's Chairman & Chief Admin Officer, is the trust's sole trustee and sole beneficiary of its shares. The sales were made under a Rule 10b5-1 trading plan adopted by the trust on March 9, 2026.
PC CONNECTION INC director Negrini David Beffa sold 5,000 shares of Common Stock on August 14, 2026, at a weighted average price of $81.05 per share. The director directly held 60,875 shares after the transaction. No Rule 10b5-1 plan is reported.
PC CONNECTION INC (CNXN) insider Patricia Gallup, Chairman & Chief Administrative Officer and a more-than-10% owner, reported that the David Hall Trust 2003 sold a total of 14,284 shares of Common Stock in open-market transactions on September 14–15, 2026. The sales were made at weighted average prices around the mid-$80s per share and were effected pursuant to a Rule 10b5-1 trading plan adopted on March 9, 2026 by the David Hall Trust 2003.
After these transactions, Ms. Gallup is reported as holding 1,783,362 CNXN shares directly and an additional 15,133 shares indirectly through her spouse, while multiple New Hampshire trusts associated with her continue to hold shares as described in the footnotes.