PC Connection (CNXN) director gains 625 shares from RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PC Connection, Inc. director Barbara Duckett exercised 625 restricted stock units into 625 shares of common stock at $0.00 per share on February 10, 2026. Each unit represents a right to receive one share of common stock.
After this derivative exercise, she directly holds 17,627 shares of common stock and 1,875 restricted stock units. The remaining restricted stock units, granted under the PC Connection, Inc. 2020 Stock Incentive Plan on February 10, 2025, are scheduled to vest in 625-share installments each February 10 from 2027 through 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
625 shares exercised/converted
Mixed
2 txns
Insider
Duckett Barbara
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 625 | $0.00 | -- |
| Exercise | Common Stock | 625 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 1,875 shares (Direct);
Common Stock — 17,627 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of common stock. The restricted stock units were granted under the PC Connection, Inc. 2020 Stock Incentive Plan on February 10, 2025. 625 shares vested on February 10, 2026, and the remaining shares are scheduled to vest as follows; 625 shares annually on February 10, 2027 through February 10, 2029.
FAQ
What insider transaction did PC Connection (CNXN) director Barbara Duckett report?
Barbara Duckett reported exercising 625 restricted stock units into 625 shares of PC Connection common stock at $0.00 per share. This was an exercise or conversion of a derivative security, not an open-market purchase or sale, and increased her directly held common shares.
What are restricted stock units in the PC Connection (CNXN) Form 4 filing?
In this filing, each restricted stock unit represents a contingent right to receive one share of PC Connection common stock. When units vest and are exercised, they convert into common shares, as shown by 625 units converting into 625 shares at $0.00 per share.
When were Barbara Duckett’s PC Connection (CNXN) restricted stock units granted and vested?
The restricted stock units were granted under the PC Connection, Inc. 2020 Stock Incentive Plan on February 10, 2025. 625 shares vested on February 10, 2026, with additional 625-share tranches scheduled to vest annually through February 10, 2029.
What stock incentive plan is referenced in the PC Connection (CNXN) Form 4?
The Form 4 references the PC Connection, Inc. 2020 Stock Incentive Plan. Under this plan, restricted stock units were granted to Barbara Duckett on February 10, 2025, and those units vest in annual 625-share installments from 2026 through 2029, delivering common stock upon vesting.
Is the PC Connection (CNXN) insider transaction a buy or a derivative exercise?
The transaction is classified as an exercise or conversion of a derivative security, coded “M” on Form 4. It reflects restricted stock units converting into common shares at $0.00 per share, rather than an open-market buy or sell transaction at a quoted market price.