PC Connection Inc (NASDAQ: CNXN) director discloses RSU grant and 64,125-share holding
Rhea-AI Filing Summary
PC Connection, Inc. director reports restricted stock activity and increased share ownership. A director of PC Connection, Inc. reported equity transactions involving restricted stock units (RSUs) and common stock. On December 16, 2025, the director received 1,250 RSUs under the PC Connection, Inc. 2020 Stock Incentive Plan. These RSUs will vest in equal annual installments over four years, with 25% vesting on December 16, 2026 and an additional 25% vesting on each anniversary until fully vested.
Separately, 1,250 RSUs granted on December 17, 2021 under the Amended and Restated 2020 Stock Incentive Plan vested on December 17, 2025 and were converted into 1,250 shares of common stock at a stated price of $0.00. Following these transactions, the director beneficially owns 64,125 shares of PC Connection common stock, held directly.
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FAQ
What insider transaction did PC Connection Inc (CNXN) report in this Form 4?
The filing reports that a director of PC Connection, Inc. received 1,250 restricted stock units (RSUs) on December 16, 2025 and had 1,250 previously granted RSUs vest and convert into common stock on December 17, 2025.
How many PC Connection (CNXN) RSUs were granted and when do they vest?
The director was granted 1,250 RSUs on December 16, 2025 under the PC Connection, Inc. 2020 Stock Incentive Plan. These RSUs vest in equal annual installments over four years: the first 25% on December 16, 2026, and an additional 25% on each anniversary until fully vested.
What happened to the earlier PC Connection RSU award disclosed in this Form 4?
RSUs previously granted on December 17, 2021 under the PC Connection, Inc. Amended and Restated 2020 Stock Incentive Plan had 1,250 RSUs vest on December 17, 2025. These RSUs converted into 1,250 shares of common stock on a one-for-one basis.
At what price did the PC Connection director acquire the common stock in this filing?
The 1,250 shares of common stock acquired upon conversion of vested RSUs on December 17, 2025 are reported at a price of $0.00, reflecting the nature of RSU settlement rather than an open-market purchase.
How many PC Connection Inc (CNXN) shares does the director own after these transactions?
After the reported RSU vesting and share issuance, the director beneficially owns 64,125 shares of PC Connection, Inc. common stock, held with direct ownership.
What is the director’s relationship to PC Connection Inc (CNXN) as noted in the filing?
The filing identifies the reporting person as a director of PC Connection, Inc., and the Form 4 is noted as being filed by one reporting person.