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