PC Connection (NASDAQ: CNXN) director awarded 2,500 restricted stock units
Rhea-AI Filing Summary
PC Connection, Inc. director Jay Bothwick reported receiving an equity award of 2,500 restricted stock units of common stock. The units were granted on December 16, 2025 under the company’s 2020 Stock Incentive Plan at a price of $0.00 per unit, reflecting stock-based compensation rather than a purchase. These restricted stock units will vest in four equal annual installments, with 25% vesting on December 16, 2026 and an additional 25% vesting on each anniversary until fully vested. Following this grant, Bothwick held 2,500 derivative securities as a direct owner.
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FAQ
What equity award did PC Connection (CNXN) director Jay Bothwick report?
Jay Bothwick reported receiving an award of 2,500 restricted stock units of PC Connection, Inc. common stock as disclosed in the filing.
When were the 2,500 restricted stock units granted to the CNXN director?
The 2,500 restricted stock units were granted on December 16, 2025 under the PC Connection, Inc. 2020 Stock Incentive Plan.
How do Jay Bothwick’s restricted stock units in PC Connection (CNXN) vest?
The restricted stock units vest in four equal annual installments: 25% on December 16, 2026, and an additional 25% on each anniversary thereafter until fully vested.
What is the exercise or purchase price of the CNXN restricted stock units granted?
The restricted stock units were granted with a price of $0.00 per unit, indicating they are a form of stock-based compensation rather than shares purchased for cash.
How many derivative securities does Jay Bothwick hold after this CNXN grant?
After the reported transaction, Jay Bothwick beneficially owned 2,500 derivative securities related to PC Connection, Inc. common stock in direct ownership.
Under which plan were the PC Connection (CNXN) restricted stock units granted?
The award was granted under the PC Connection, Inc. 2020 Stock Incentive Plan, as stated in the disclosure.