PC Connection (CNXN) CFO sells 20,000 shares in July 31 trades
Rhea-AI Filing Summary
PC CONNECTION INC reports that Sr. VP, CFO & Treasurer Thomas C. Baker sold a total of 20,000 shares of common stock on July 31, 2026. The sales occurred in two open-market transactions of 19,394 and 606 shares at weighted-average prices of $83.17 and $83.89 per share, with individual trades executed within stated price ranges.
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Insights
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Insider Trade Summary
Net Seller: 20,000 shares
Net Sell
2 txns
Insider
Baker Thomas C
Role
Sr. VP, CFO & Treasurer
Sold
20,000 shs ($1.66M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 19,394 | $83.17 | $1.61M |
| Sale | Common Stock F2 | 606 | $83.89 | $51K |
Holdings After Transaction:
Common Stock — 36,092 shares (Direct)
Footnotes (2)
- F1. The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $82.77 to $83.63 per share, inclusive. The reporting person undertakes to provide PC Connection, Inc., any security holder of PC Connection, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range set forth in this footnote.
- F2. The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $83.79 to $84.05 per share, inclusive. The reporting person undertakes to provide PC Connection, Inc., any security holder of PC Connection, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range set forth in this footnote.
Key Figures
Shares sold (first transaction): 19,394 shares
Weighted-average price (first transaction): $83.17 per share
Shares sold (second transaction): 606 shares
+4 more
7 metrics
Shares sold (first transaction)
19,394 shares
Common Stock sale on July 31, 2026 at weighted-average price
Weighted-average price (first transaction)
$83.17 per share
For 19,394-share sale of Common Stock on July 31, 2026
Shares sold (second transaction)
606 shares
Common Stock sale on July 31, 2026 at weighted-average price
Weighted-average price (second transaction)
$83.89 per share
For 606-share sale of Common Stock on July 31, 2026
Total shares sold
20,000 shares
Aggregate Common Stock sold across both reported transactions
Price range (first transaction)
$82.77 to $83.63 per share
Range of prices for trades included in first weighted-average sale
Price range (second transaction)
$83.79 to $84.05 per share
Range of prices for trades included in second weighted-average sale
Key Terms
weighted average price, open market or private transaction, Securities and Exchange Commission
3 terms
weighted average price financial
"The reported price is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open market or private transaction financial
"Sale in open market or private transaction"
Securities and Exchange Commission regulatory
"staff of the Securities and Exchange Commission"
A national government agency that enforces rules for buying, selling and disclosing information about stocks and other investments, acting like a referee and scorekeeper for financial markets. It requires companies to share clear, regular financial and business information and investigates fraud or rule-breaking, which matters to investors because those rules and disclosures help ensure fair prices, reduce hidden risks and make it easier to compare investment choices.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
How many separate transactions does this CNXN Form 4 include?
The filing for PC Connection (CNXN) shows two non-derivative transactions. Both involve sales of common stock on July 31, 2026, one for 19,394 shares and one for 606 shares, each reported with a weighted-average sale price and detailed price ranges.
Was the CNXN CFO’s sale made under a Rule 10b5-1 trading plan?
The Rule 10b5-1 checkbox is not marked, so the transactions are not affirmatively reported as occurring under a Rule 10b5-1 trading plan. No footnote indicates a pre-arranged trading plan for these specific sales.
What type of security was involved in the CNXN insider transaction?
The transactions reported for PC Connection (CNXN) involve Common Stock. Thomas C. Baker sold a total of 20,000 common shares in two open-market sales on July 31, 2026, at weighted-average prices disclosed in the Form 4 filing.