STOCK TITAN

PC Connection (CNXN) CFO sells 20,000 shares in July 31 trades

(Very High)
(Negative)
Form Type
4

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 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)
  1. 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.
  2. 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.
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
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.

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FAQ

What insider share sale did CNXN report for Thomas C. Baker?

PC Connection (CNXN) reported that CFO Thomas C. Baker sold 20,000 shares of common stock on July 31, 2026. The sale was split into two open-market transactions of 19,394 and 606 shares at weighted-average prices of $83.17 and $83.89 per share.

At what prices were the CNXN shares sold in this Form 4?

The reported prices are weighted averages of $83.17 and $83.89 per share. Individual trades occurred in ranges of $82.77–$83.63 for the larger block and $83.79–$84.05 for the smaller block.

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.
SEC Form 4
FORM 4UNITED 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*
Baker Thomas C

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

(Street)
MERRIMACK NEW HAMPSHIRE 03054

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
PC CONNECTION INC [ CNXN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Sr. VP, CFO & Treasurer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/31/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock07/31/2026S19,394D$83.17(1)36,698D
Common Stock07/31/2026S606D$83.89(2)36,092D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
2. 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.
Remarks:
/s/ Thomas C. Baker08/03/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)