PC Connection director gains 500 shares via RSUs
Director Barbara Duckett’s 2018 RSU grant continued its scheduled vesting, adding 500 CNXN common shares and leaving 500 RSUs outstanding.
Rhea-AI Filing Summary
PC CONNECTION INC (CNXN) director Barbara Duckett reported an automatic vesting and exercise of 500 Restricted Stock Units into 500 shares of Common Stock on September 1, 2026. The RSUs convert to common on a one-for-one basis from a 2018 grant vesting in ten annual 500-unit installments. Following this transaction, Duckett directly holds 16,752 shares of common stock and 500 unvested RSUs. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
500 shares exercised/converted
Exercise
2 txns
Insider
Duckett Barbara
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F2 | 500 | $0.00 | $0.00 |
| Exercise | Common Stock | 500 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 500 contracts (Direct);
Common Stock — 16,752 shares (Direct)
Footnotes (2)
- F1. The restricted stock units convert into common stock on a one-for-one basis.
- F2. The restricted stock units were granted on February 13, 2018, with vesting scheduled in ten annual installments of 500 units each commencing September 1, 2018.
Key Figures
RSUs converted: 500 units
Common Stock acquired: 500 shares
Common Stock holdings after transaction: 16,752 shares
+3 more
6 metrics
RSUs converted
500 units
Restricted Stock Units converted into 500 CNXN common shares on September 1, 2026
Common Stock acquired
500 shares
Shares received from RSU conversion on September 1, 2026
Common Stock holdings after transaction
16,752 shares
Directly held by Barbara Duckett following the September 1, 2026 transaction
Unvested RSUs remaining
500 units
Directly held by Barbara Duckett after the September 1, 2026 vesting event
RSU grant date
February 13, 2018
Original grant date of the Restricted Stock Units
Annual vesting size
500 units per year
Ten annual installments starting September 1, 2018
Key Terms
Restricted Stock Units, derivative security, vesting
3 terms
Restricted Stock Units financial
"The restricted stock units were granted on February 13, 2018, with vesting scheduled"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
vesting financial
"with vesting scheduled in ten annual installments of 500 units each"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider transaction did CNXN director Barbara Duckett report on this Form 4?
Barbara Duckett reported an automatic vesting and exercise of 500 Restricted Stock Units into 500 shares of PC CONNECTION INC (CNXN) Common Stock on September 1, 2026, as part of a previously granted long-term equity award.
What happened to Barbara Duckett’s Restricted Stock Units in this CNXN filing?
On September 1, 2026, 500 Restricted Stock Units vested and were converted into 500 shares of CNXN common stock on a one-for-one basis. After this installment, 500 RSUs remain directly held by Barbara Duckett.
When were Barbara Duckett’s CNXN Restricted Stock Units originally granted and how do they vest?
The Restricted Stock Units were granted on February 13, 2018, with vesting scheduled in ten annual installments of 500 units each, commencing September 1, 2018. The September 1, 2026 transaction represents one of these scheduled 500-unit vesting events.
Was Barbara Duckett’s CNXN Form 4 transaction made under a Rule 10b5-1 trading plan?
No. The filing indicates that the Rule 10b5-1 checkbox is not marked, so no Rule 10b5-1 trading plan is reported in connection with Barbara Duckett’s September 1, 2026 vesting and conversion transaction.
Does the CNXN Form 4 show any open-market buying or selling by Barbara Duckett?
No. The Form 4 shows an exercise or conversion of derivative securities (Restricted Stock Units) into common stock, with no reported open‑market purchases or sales. The reported transactions are coded as derivative exercises (code M).
AI-generated analysis. How Rhea-AI works. Not financial advice.
