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PC CONNECTION INC SEC Filings

CNXN NASDAQ

Welcome to our dedicated page for PC CONNECTION SEC filings (Ticker: CNXN), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.

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.

Rhea-AI Summary

PC Connection, Inc. delivered stronger Q2 2026 results, with net sales of $854.0 million, up 12.4% year over year, and net income of about $33.2 million versus $24.8 million. Gross margin improved to 18.4% and operating margin to 5.0%, helped by higher-margin accessories, software and services. Enterprise and Business Solutions segments posted double-digit sales gains, while Public Sector was flat.

For the first half of 2026, net sales reached $1.58 billion and net income about $50.4 million. Operating cash flow was a use of $49.5 million due to higher receivables and inventory tied to customer rollouts and securing supply, reducing cash to roughly $123.7 million, alongside $216.9 million of short-term investments. The company paid $0.40 per share in dividends year to date and declared another $0.20, and reports no outstanding bank debt after a $50 million credit facility expired in 2025. Management states that cash, investments and operations are expected to cover needs for at least the next twelve months.

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Rhea-AI Summary

PC Connection, Inc. reported second‑quarter 2026 results with net sales of $854.0 million, up 12.4% year over year. Gross billings were $1.2 billion and gross profit rose to $157.5 million, while gross margin was 18.4%, 30 basis points above the prior‑year quarter.

Net income increased 33.8% to $33.2 million, and diluted EPS was $1.31 versus $0.97. For the first half of 2026, net sales reached $1.6 billion and net income $50.4 million, with adjusted diluted EPS of $2.08. LTM Adjusted EBITDA was $144.5 million, up 18%.

The Board declared a quarterly cash dividend of $0.20 per share, payable on August 28, 2026 to shareholders of record on August 11, 2026. Cash and cash equivalents plus short‑term investments totaled $340.7 million as of June 30, 2026.

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PC Connection Inc insider Patricia Gallup, Chairman & Chief Admin Officer and a ten percent owner, reported the sale of 14,284 shares of common stock on July 22–23, 2026 through the David Hall Trust 2003. The sales were executed at weighted-average prices between $79.28 and $81.21 per share under a Rule 10b5-1 trading plan. After these transactions she reports 533,258 shares held directly and 15,133 shares held indirectly by her spouse, for which she disclaims beneficial ownership except to her pecuniary interest, along with additional interests in several New Hampshire trusts.

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PC Connection, Inc. insider Patricia Gallup, Chairman, Chief Administrative Officer and a more than 10% owner, reported open-market sales of 14,284 shares of common stock at weighted average prices of $72.17, $73.00 and $74.11 per share. The sales were effected by the David Hall Trust 2003 pursuant to a Rule 10b5-1 trading plan. After these transactions, Gallup continues to hold large indirect positions through trusts, including 6,999,179 shares held by the David Hall Trust 2003, as well as 533,258 shares held directly and additional shares held by other trusts and a spouse account.

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PC Connection, Inc. director Jay E. Bothwick exercised restricted stock units into 1,250 shares of common stock on June 30, 2026. These restricted stock units were granted on June 30, 2022 under the PC Connection, Inc. Amended and Restated 2020 Stock Incentive Plan and vested on June 30, 2026. Following the conversion, Bothwick directly holds 6,875 shares of PC Connection common stock. No open-market purchases or sales were reported in this filing, indicating a routine vesting and settlement of equity compensation.

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PC Connection, Inc. director and executive Patricia Gallup reported indirect open-market sales of 14,284 shares of Common Stock at prices around $70 per share. The filing shows four sale transactions on June 23–24, 2026, with reported prices ranging from $69.23 to $70.52 per share, calculated as weighted average prices across multiple trades.

The sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the David Hall Trust 2003, an irrevocable New Hampshire trust for which Ms. Gallup serves as sole trustee and sole beneficiary of that trust’s shares. After these transactions, indirect holdings reported through various trusts totaled about 7,013,463 shares, and an additional 533,258 shares were reported as held directly. The filing notes that Ms. Gallup disclaims beneficial ownership of certain securities except to the extent of her pecuniary interest.

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PC Connection, Inc. insider activity: Chairman and Chief Administrative Officer Patricia Gallup reported open-market sales of 14,308 shares of PC Connection common stock on June 8–9, 2026, at prices in the low-$70s per share. The sales were executed indirectly through trusts, including the David Hall Trust 2003, under a Rule 10b5-1 trading plan adopted by that trust on March 9, 2026. After these transactions, Gallup continues to hold 7,035,676 shares indirectly, primarily through several New Hampshire grantor retained annuity and irrevocable trusts, and 2,533,258 shares directly, remaining a significant shareholder.

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PC Connection, Inc. reported the results of its 2026 Annual Meeting of Stockholders held on May 13, 2026, where a quorum was present. Stockholders elected six directors to serve until the 2027 Annual Meeting, with support levels generally above 19.7 million votes for each nominee.

Patricia Gallup received 19,709,432 votes for and 3,514,023 withheld, while the other five directors each received over 20 million votes for, with relatively low withhold votes and 477,236 broker non-votes for each nominee. Stockholders also ratified the selection of Deloitte & Touche LLP as independent registered public accounting firm for the year ending December 31, 2026, with 23,559,144 votes for, 133,268 against, and 8,279 abstentions.

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PC Connection, Inc. reported higher results for the quarter ended March 31, 2026. Net sales were $721.9 million, up 3.0% from $701.0 million a year earlier, with growth in notebooks/mobility, other hardware/services, displays and sound, software, net/com products, and accessories partially offset by lower servers/storage and desktop sales.

Gross profit rose to $132.7 million from $127.3 million, lifting gross margin to 18.4% from 18.2%. Income from operations increased to $20.2 million versus $14.5 million, helped by stable SG&A of $109.5 million, which declined to 15.2% of sales from 15.7%. Net income grew to $17.2 million from $13.5 million, and diluted EPS reached $0.68 versus $0.51.

Operating cash flow improved sharply to $14.3 million compared with a use of $52.4 million in the prior-year quarter, mainly due to working capital shifts in accounts payable and receivable. Cash and cash equivalents were $196.3 million and short-term investments $215.2 million. The company paid a quarterly dividend of $0.20 per share, repurchased approximately 42,000 shares for $2.5 million, and ended the quarter with stockholders’ equity of $921.7 million.

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FAQ

How many PC CONNECTION (CNXN) SEC filings are available on StockTitan?

StockTitan tracks 60 SEC filings for PC CONNECTION (CNXN), including 10-K annual reports, 10-Q quarterly reports, 8-K current reports, and Form 4 insider trading disclosures. Each filing includes AI-generated summaries, impact scoring, and sentiment analysis.

When was the most recent SEC filing for PC CONNECTION (CNXN)?

The most recent SEC filing for PC CONNECTION (CNXN) was filed on July 29, 2026.