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PC Connection (CNXN) CEO files Form 4 on 10,000-share RSU vest

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

PC Connection, Inc. (CNXN) President & CEO Timothy J. McGrath reported equity transactions dated 11/21/2025. He acquired 10,000 shares of common stock at $0.00 through the conversion of restricted stock units and disposed of 3,935 shares of common stock at $57.56 in a separate transaction. After these moves, he directly owned 267,651 shares of CNXN common stock.

The 10,000 shares came from restricted stock units originally granted on November 21, 2022 under the PC Connection, Inc. Amended 2020 Stock Incentive Plan. According to the grant terms, 10,000 shares vested on November 21, 2025, with the remaining restricted stock units scheduled to vest on November 21, 2026, on a one-for-one basis into common stock.

Positive

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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
MCGRATH TIMOTHY J

(Last) (First) (Middle)
730 MILFORD ROAD

(Street)
MERRIMACK NH 03054

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
PC CONNECTION INC [ CNXN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
President & CEO
3. Date of Earliest Transaction (Month/Day/Year)
11/21/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 11/21/2025 M 10,000 A $0.00(1) 271,586 D
Common Stock 11/21/2025 F 3,935 D $57.56 267,651 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (1) 11/21/2025 M 10,000 (2) (2) Common Stock 10,000 $0.00 10,000 D
Explanation of Responses:
1. The restricted stock units convert into common stock on a one-for-one basis.
2. The restricted stock units were granted under the PC Connection, Inc. Amended 2020 Stock Incentive Plan on November 21, 2022. 10,000 of the shares vested on November 21, 2025, and the remaining shares are scheduled to vest on November 21, 2026.
Remarks:
/s/Timothy J. McGrath 11/24/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did CNXN CEO Timothy J. McGrath report?

Timothy J. McGrath reported acquiring 10,000 shares of PC Connection, Inc. common stock at $0.00 through the conversion of restricted stock units on 11/21/2025, and disposing of 3,935 shares at $57.56 in a separate transaction on the same date.

How many CNXN shares does the CEO own after the reported transactions?

Following the reported transactions on 11/21/2025, Timothy J. McGrath directly owned 267,651 shares of PC Connection, Inc. common stock.

What is the source of the 10,000 CNXN shares acquired at $0.00?

The 10,000 shares acquired at $0.00 came from restricted stock units that convert into common stock on a one-for-one basis.

When were the restricted stock units granted to the CNXN CEO?

The restricted stock units were granted on November 21, 2022 under the PC Connection, Inc. Amended 2020 Stock Incentive Plan.

What is the vesting schedule for the CNXN CEO's restricted stock units?

Of the restricted stock units granted on November 21, 2022, 10,000 shares vested on November 21, 2025, and the remaining shares are scheduled to vest on November 21, 2026.

What do the transaction codes M and F mean in the CNXN Form 4 table?

Code M in the table indicates the conversion of derivative securities (restricted stock units) into common stock. Code F indicates a disposition of shares, shown here as 3,935 shares sold or transferred at $57.56 per share.

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