STOCK TITAN

[Form 4] PC Connection Inc Insider Trading Activity

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

Jack L. Ferguson, a director of PC Connection Inc. (CNXN), reported acquisition of 500 shares of Common Stock on 09/01/2025 through the vesting of restricted stock units at a $0.00 price. After the transaction he beneficially owns 65,555 shares directly.

The filing notes the 500 restricted stock units were part of a grant made on February 13, 2018 that vests in ten annual installments of 500 units beginning September 1, 2018. The Form 4 was signed by an attorney-in-fact on 09/02/2025.

Jack L. Ferguson, membro del consiglio di PC Connection Inc. (CNXN), ha acquisito 500 azioni ordinarie il 01/09/2025 tramite il vesting di unità di azioni ristrette a un prezzo di $0,00. Dopo l'operazione detiene direttamente 65.555 azioni a titolo beneficiario.

La comunicazione precisa che le 500 unità di azioni ristrette facevano parte di una concessione datata 13 febbraio 2018, soggetta a maturazione in dieci rate annuali da 500 unità ciascuna a partire dal 01/09/2018. Il Modulo 4 è stato firmato per procura il 02/09/2025.

Jack L. Ferguson, director de PC Connection Inc. (CNXN), reportó la adquisición de 500 acciones ordinarias el 01/09/2025 mediante el vencimiento de unidades de acciones restringidas a un precio de $0.00. Tras la transacción posee en forma directa 65.555 acciones con carácter beneficiario.

El informe indica que las 500 unidades restringidas formaban parte de una concesión otorgada el 13 de febrero de 2018, que se consolida en diez pagos anuales de 500 unidades cada uno desde el 01/09/2018. El Formulario 4 fue firmado por un apoderado el 02/09/2025.

PC Connection Inc.(CNXN)의 이사인 Jack L. Ferguson은 2025년 9월 1일 제한주식단위(RSU)의 소멸을 통해 500주의 보통주를 $0.00의 가격으로 취득했다고 보고했습니다. 거래 이후 그는 직·간접적으로 65,555주를 실질적으로 보유하고 있습니다.

신고서에는 해당 500개의 제한주식단위가 2018년 2월 13일 부여된 지급액의 일부로, 2018년 9월 1일부터 시작하여 연간 500주씩 10회에 걸쳐 vesting된 것이라고 기재되어 있습니다. Form 4는 2025년 9월 2일에 대리인(변호사권한) 서명으로 제출되었습니다.

Jack L. Ferguson, administrateur de PC Connection Inc. (CNXN), a déclaré l'acquisition de 500 actions ordinaires le 01/09/2025 via l'acquisition de droits sur actions restreintes (RSU) à un prix de 0,00 $. Après l'opération, il détient directement 65 555 actions à titre bénéficiaire.

Le dépôt précise que les 500 RSU faisaient partie d'une attribution du 13 février 2018, qui se libère en dix versements annuels de 500 unités chacun à compter du 01/09/2018. Le formulaire 4 a été signé par un mandataire le 02/09/2025.

Jack L. Ferguson, Direktor von PC Connection Inc. (CNXN), meldete den Erwerb von 500 Stammaktien am 01.09.2025 durch das Vesting von Restricted Stock Units zu einem Preis von $0,00. Nach der Transaktion besitzt er direkt wirtschaftlich 65.555 Aktien.

Die Meldung weist darauf hin, dass die 500 Restricted Stock Units Teil einer Zuwendung vom 13. Februar 2018 waren, die in zehn jährlichen Raten zu je 500 Einheiten ab dem 01.09.2018 vestet. Das Formular 4 wurde am 02.09.2025 von einem Bevollmächtigten unterzeichnet.

Positive
  • 500 restricted stock units vested and converted into 500 shares of Common Stock on 09/01/2025.
  • Post-transaction direct beneficial ownership is clearly reported as 65,555 shares.
Negative
  • None.

Insights

TL;DR: Routine insider vesting—500 RSUs converted to common shares increases director's direct holdings modestly.

This Form 4 discloses a non-cash, scheduled vesting event converting 500 restricted stock units into 500 shares of Common Stock for director Jack L. Ferguson. The transaction code "M" indicates a conversion/vesting rather than an open-market purchase or sale. Post-transaction direct beneficial ownership is reported at 65,555 shares. For investors, this is a routine equity compensation occurrence with no cash consideration and no change to company outstanding shares reported here.

TL;DR: Administrative disclosure of scheduled RSU vesting; no governance or control change disclosed.

The submission documents the mechanics of a 2018 RSU grant vesting schedule (ten annual installments of 500 units) and confirms compliance with Section 16 reporting via Form 4. The signature is by an attorney-in-fact, consistent with authorized filing practice. There are no indicia in this filing of departures, new appointments, or changes to director status.

Jack L. Ferguson, membro del consiglio di PC Connection Inc. (CNXN), ha acquisito 500 azioni ordinarie il 01/09/2025 tramite il vesting di unità di azioni ristrette a un prezzo di $0,00. Dopo l'operazione detiene direttamente 65.555 azioni a titolo beneficiario.

La comunicazione precisa che le 500 unità di azioni ristrette facevano parte di una concessione datata 13 febbraio 2018, soggetta a maturazione in dieci rate annuali da 500 unità ciascuna a partire dal 01/09/2018. Il Modulo 4 è stato firmato per procura il 02/09/2025.

Jack L. Ferguson, director de PC Connection Inc. (CNXN), reportó la adquisición de 500 acciones ordinarias el 01/09/2025 mediante el vencimiento de unidades de acciones restringidas a un precio de $0.00. Tras la transacción posee en forma directa 65.555 acciones con carácter beneficiario.

El informe indica que las 500 unidades restringidas formaban parte de una concesión otorgada el 13 de febrero de 2018, que se consolida en diez pagos anuales de 500 unidades cada uno desde el 01/09/2018. El Formulario 4 fue firmado por un apoderado el 02/09/2025.

PC Connection Inc.(CNXN)의 이사인 Jack L. Ferguson은 2025년 9월 1일 제한주식단위(RSU)의 소멸을 통해 500주의 보통주를 $0.00의 가격으로 취득했다고 보고했습니다. 거래 이후 그는 직·간접적으로 65,555주를 실질적으로 보유하고 있습니다.

신고서에는 해당 500개의 제한주식단위가 2018년 2월 13일 부여된 지급액의 일부로, 2018년 9월 1일부터 시작하여 연간 500주씩 10회에 걸쳐 vesting된 것이라고 기재되어 있습니다. Form 4는 2025년 9월 2일에 대리인(변호사권한) 서명으로 제출되었습니다.

Jack L. Ferguson, administrateur de PC Connection Inc. (CNXN), a déclaré l'acquisition de 500 actions ordinaires le 01/09/2025 via l'acquisition de droits sur actions restreintes (RSU) à un prix de 0,00 $. Après l'opération, il détient directement 65 555 actions à titre bénéficiaire.

Le dépôt précise que les 500 RSU faisaient partie d'une attribution du 13 février 2018, qui se libère en dix versements annuels de 500 unités chacun à compter du 01/09/2018. Le formulaire 4 a été signé par un mandataire le 02/09/2025.

Jack L. Ferguson, Direktor von PC Connection Inc. (CNXN), meldete den Erwerb von 500 Stammaktien am 01.09.2025 durch das Vesting von Restricted Stock Units zu einem Preis von $0,00. Nach der Transaktion besitzt er direkt wirtschaftlich 65.555 Aktien.

Die Meldung weist darauf hin, dass die 500 Restricted Stock Units Teil einer Zuwendung vom 13. Februar 2018 waren, die in zehn jährlichen Raten zu je 500 Einheiten ab dem 01.09.2018 vestet. Das Formular 4 wurde am 02.09.2025 von einem Bevollmächtigten unterzeichnet.

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).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Ferguson Jack L

(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 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
09/01/2025
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 09/01/2025 M 500 A $0.00 65,555 D
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
Restricted Stock Units (1) 09/01/2025 M 500 (2) (2) Common Stock 500 $0.00 1,000 D
Explanation of Responses:
1. The restricted stock units convert into common stock on a one-for-one basis.
2. 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.
Remarks:
/s/Timothy J. McGrath, attorney-in-fact for Jack Ferguson 09/02/2025
** 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 insider transaction did Jack L. Ferguson (CNXN) report on Form 4?

He reported the vesting conversion of 500 restricted stock units into 500 shares of Common Stock on 09/01/2025.

How many shares does Jack L. Ferguson beneficially own after the reported transaction?

The filing reports he beneficially owns 65,555 shares following the transaction.

What was the price paid for the shares acquired in the Form 4 filing for CNXN?

The shares were acquired at a reported price of $0.00, reflecting conversion of restricted stock units.

When were the restricted stock units originally granted that vested on 09/01/2025?

The restricted stock units were granted on February 13, 2018 with ten annual installments of 500 units beginning September 1, 2018.

Who signed the Form 4 for Jack L. Ferguson and when?

The Form 4 was signed by Timothy J. McGrath, attorney-in-fact for Jack Ferguson on 09/02/2025.
Pc Connection Inc

NASDAQ:CNXN

CNXN Rankings

CNXN Latest News

CNXN Latest SEC Filings

CNXN Stock Data

1.68B
11.14M
56.71%
42.91%
1.27%
Electronics & Computer Distribution
Retail-catalog & Mail-order Houses
Link
United States
MERRIMACK