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[Form 4] PC CONNECTION INC Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Patricia Gallup, a director, officer and >10% owner of PC Connection Inc. (CNXN), reported a transaction dated 09/15/2025 on Form 4 showing she disposed of 3,500 shares of Common Stock by gift to a charity and disclaims beneficial ownership of the gifted shares. After the transaction she directly owned 4,540,508 shares and additionally reported several indirect holdings: 162,093 shares held by an estate for which she is executor, 15,133 held by her spouse, and multiple trusts totaling 9,061,799 shares across named trusts. The filing lists her roles as Chairman & Chief Admin Officer and indicates the report was signed on 09/17/2025.

Positive
  • Timely disclosure of the 3,500-share gift consistent with Section 16 reporting
  • Detailed breakdown of direct and indirect holdings, increasing transparency about estate and trust ownership
  • Charitable disposition of shares rather than a personal sale
Negative
  • Reduction in direct holdings by 3,500 shares (though immaterial relative to total holdings)

Insights

TL;DR Insider reported a small charitable gift; overall ownership remains concentrated with substantial direct and indirect holdings.

The 3,500-share gift is immaterial relative to Ms. Gallup's combined direct and indirect holdings, which sum to multiple millions of shares. For investors, this filing documents transparency in insider ownership and transfer mechanics but does not indicate a change in control or a meaningful shift in economic exposure. The detailed breakdown of estates and trusts clarifies beneficial ownership and succession arrangements, which can be relevant for long-term ownership stability.

TL;DR The Form 4 is a routine disclosure of a charitable disposition and detailed indirect holdings; governance implications are limited.

The report properly discloses a gift transaction and lists indirect holdings by estate and multiple trusts where Ms. Gallup serves as trustee or executor. This level of disclosure supports good governance and compliance with Section 16 reporting. The filing does not report any sales for personal liquidity or unexpected resignations; it documents estate/trust structures that outline succession and control but contains no material governance red flags.

SEC Form 4
FORM 4 UNITED 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).
1. Name and Address of Reporting Person*
GALLUP PATRICIA

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

(Street)
MERRIMACK NH 03054

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
PC CONNECTION INC [ CNXN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
X Officer (give title below) Other (specify below)
Chairman & Chief Admin Officer
3. Date of Earliest Transaction (Month/Day/Year)
09/15/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 09/15/2025 G(1) 3,500 D $0.00 4,540,508 D
Common Stock 162,093 I By Estate(2)
Common Stock 15,133 I By Spouse(3)
Common Stock 6,879,962 I By Trust(4)
Common Stock 275,000 I By Trust(5)
Common Stock 906,837 I By Trust(6)
Common Stock 1,000,000 I By Trust(7)
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. This transaction involved a gift of securities by the reporting person to a charity. The reporting person disclaims beneficial ownership of the shares held by the charity.
2. These shares are held directly by the Estate of David McLellan Hall (the Estate), for which the reporting person serves as executor. The reporting person is also the beneficiary of trusts which will receive the shares held by the Estate.
3. The reporting person disclaims beneficial ownership of these securities, except to the extent of such person's pecuniary interest therein. This report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
4. These shares are held directly by the David Hall Trust 2003, an irrevocable trust formed under the laws of the State of New Hampshire. Ms. Gallup serves as the sole trustee and is the sole lifetime beneficiary of the shares held by the David Hall Trust 2003.
5. These shares are held directly by the North Branch Trust, an irrevocable trust formed under the laws of the State of New Hampshire. Ms. Gallup serves as the sole trustee of the North Branch Trust.
6. These shares are held directly by the Abbott Brook Trust, a grantor retained annuity trust formed under the laws of the State of New Hampshire. The reporting person is the sole trustee of the Abbott Brook Trust.
7. These shares are held directly by the Comack Trust-B, a grantor retained annuity trust formed under the laws of the State of New Hampshire. The reporting person is the sole trustee of the Comack Trust-B.
Remarks:
/s/Patricia Gallup 09/17/2025
** Signature of Reporting Person Date
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.

FAQ

What did Patricia Gallup report on Form 4 for CNXN?

She reported a gift of 3,500 Common Stock shares on 09/15/2025 and disclosed her direct and indirect holdings.

How many CNXN shares does Patricia Gallup directly own after the transaction?

4,540,508 shares directly owned following the reported transaction.

What indirect CNXN holdings did the Form 4 disclose?

162,093 shares held by an estate, 15,133 by spouse, and multiple trusts totaling 9,061,799 shares across named trusts.

Was the 3,500-share movement a sale or a gift?

It was a gift to a charity; the reporting person disclaims beneficial ownership of the gifted shares.

What roles does the reporting person hold at PC Connection Inc.?

Chairman & Chief Admin Officer, and she is identified as a director and >10% owner.
Pc Connection Inc

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Electronics & Computer Distribution
Retail-catalog & Mail-order Houses
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United States
MERRIMACK