PC Connection (CNXN) director receives 625 shares from RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PC Connection, Inc. director Gary Kinyon increased his equity stake through routine compensation. On March 14, 2026, he exercised 625 restricted stock units, receiving 625 shares of common stock at no cash exercise price. Following this vesting, he directly holds 6,875 common shares and 1,250 restricted stock units. The remaining units from the 2024 grant are scheduled to vest in 625-share installments on March 14, 2027 and March 14, 2028, reflecting a standard multi-year equity award structure.
Positive
- None.
Negative
- None.
Insider Trade Summary
625 shares exercised/converted
Mixed
2 txns
Insider
Kinyon Gary
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 625 | $0.00 | -- |
| Exercise | Common Stock | 625 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 1,250 shares (Direct);
Common Stock — 6,875 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of common stock. The restricted stock units were granted under the PC Connection, Inc. 2020 Stock Incentive Plan on March 14, 2024. 625 shares vested on March 14, 2026, and the remaining shares are scheduled to vest as follows; 625 shares annually on March 14, 2027 through March 14, 2028.
FAQ
What insider transaction did CNXN director Gary Kinyon report?
Director Gary Kinyon reported exercising 625 restricted stock units into 625 common shares of PC Connection, Inc. on March 14, 2026. This transaction reflects routine equity compensation vesting rather than an open-market stock purchase or sale.
What happened to Gary Kinyon’s restricted stock units in this CNXN filing?
On March 14, 2026, 625 of Gary Kinyon’s restricted stock units vested and were converted into 625 shares of PC Connection common stock. These units are part of an equity grant originally awarded on March 14, 2024 under the 2020 Stock Incentive Plan.
What future vesting schedule is disclosed for CNXN director Gary Kinyon’s RSUs?
The filing states that after 625 restricted stock units vested on March 14, 2026, the remaining units are scheduled to vest in 625-share installments annually on March 14, 2027 and March 14, 2028. This creates a defined, multi-year vesting timeline for the award.
Under which plan were Gary Kinyon’s CNXN restricted stock units granted?
Gary Kinyon’s restricted stock units were granted under the PC Connection, Inc. 2020 Stock Incentive Plan. The grant was made on March 14, 2024, with units vesting over time, including the 625 units that vested on March 14, 2026.