PC Connection (NASDAQ: CNXN) insider plans sale of 20,000 shares via Form 144
Rhea-AI Filing Summary
PC Connection, Inc. (CNXN) filed to permit the sale of up to 20,000 shares of common stock through Morgan Stanley Smith Barney LLC Executive Financial Services on the NASDAQ market on or after July 31, 2026, with an aggregate market value of $1,663,856.00.
The shares relate to multiple grants of restricted stock from the issuer on various dates in 2023–2025, each with specific share amounts.
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Key Figures
Shares to be sold: 20,000 shares
Aggregate market value: $1,663,856.00
Planned sale date: 07/31/2026
+2 more
5 metrics
Shares to be sold
20,000 shares
Maximum common shares indicated for sale under Form 144
Aggregate market value
$1,663,856.00
Aggregate market value of 20,000 common shares to be sold
Planned sale date
07/31/2026
Date listed for potential sale of common shares on NASDAQ
CUSIP-like identifier
25238099
Numeric identifier listed alongside common stock information
Restricted stock grant
3,703 shares
One listed restricted stock grant dated 02/23/2024 from issuer
Key Terms
Form 144, Restricted Stock, aggregate market value, Executive Financial Services
4 terms
Form 144 regulatory
"144: Securities To Be Sold"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Restricted Stock financial
"Common | 12/17/2024 | Restricted Stock | Issuer"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
aggregate market value financial
"20000 | 1663856.00 | 25238099 | 07/31/2026"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
Executive Financial Services financial
"Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the Form 144 filed for CNXN indicate?
The Form 144 for CNXN indicates an intention to sell up to 20,000 shares of common stock on NASDAQ, with an aggregate market value of $1,663,856.00, through Morgan Stanley Smith Barney LLC Executive Financial Services.
What type of securities back the CNXN Form 144 sale?
The Form 144 sale relates to common stock derived from multiple restricted stock grants from the issuer. These grants have various grant dates between 2023 and 2025 and specific share amounts for each grant.