PC Connection CEO exercises 10,000 RSUs, withholds shares
PC Connection, Inc. President & CEO Timothy J. McGrath reported equity compensation activity involving company stock.
Rhea-AI Filing Summary
PC Connection, Inc. President & CEO Timothy J. McGrath reported equity compensation activity involving company stock. On February 10, 2026, he exercised 10,000 restricted stock units into common shares at an exercise price of $0.00, reflecting the conversion of a stock-based award.
To cover tax obligations related to this vesting, 2,470 common shares were disposed of at $65.23 per share through a tax-withholding transaction. After these transactions, McGrath directly owned 278,213 shares of common stock and held 30,000 restricted stock units that continue to represent future rights to receive shares under the company’s 2020 Stock Incentive Plan.
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- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 10,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 10,000 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,470 | $65.23 | $161K |
Footnotes (2)
- F1. Each restricted stock unit represents a contingent right to receive one share of common stock.
- F2. The restricted stock units were granted under the PC Connection, Inc. 2020 Stock Incentive Plan on February 10, 2025. 10,000 shares vested on February 10, 2026, and the remaining shares are scheduled to vest as follows; 10,000 shares annually on February 10, 2027 through February 10, 2029.
FAQ
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What insider transactions did CNXN President & CEO Timothy McGrath report?
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Under which plan were Timothy McGrath’s CNXN restricted stock units granted?
How are future CNXN restricted stock units scheduled to vest for Timothy McGrath?
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