PC Connection (CNXN) director converts 625 RSUs into common stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PC Connection, Inc. director Gary Kinyon exercised 625 restricted stock units on February 10, 2026, converting them into 625 shares of common stock at $0.00 per share. Following this derivative conversion, he directly holds 6,250 common shares and 1,875 restricted stock units that continue to vest through 2029.
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 — 1,875 shares (Direct);
Common Stock — 6,250 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 February 10, 2025. 625 shares vested on February 10, 2026, and the remaining shares are scheduled to vest as follows; 625 shares annually on February 10, 2027 through February 10, 2029.
FAQ
What insider transaction did PC Connection (CNXN) director Gary Kinyon report?
Director Gary Kinyon reported exercising 625 restricted stock units into 625 shares of common stock at $0.00 per share. This was an exercise or conversion of a derivative security, not an open-market purchase or sale of PC Connection (CNXN) stock.
When did the reported PC Connection (CNXN) Form 4 transaction occur?
The reported transaction occurred on February 10, 2026. On that date, 625 restricted stock units vested and were converted into 625 shares of PC Connection (CNXN) common stock, as disclosed in the Form 4 insider trading report.
What are the terms of the PC Connection (CNXN) restricted stock units reported in this filing?
Each restricted stock unit represents a contingent right to receive one share of PC Connection (CNXN) common stock. The units were granted under the 2020 Stock Incentive Plan and vest annually in equal 625-share installments, assuming continued service and satisfaction of vesting conditions.
When were the PC Connection (CNXN) restricted stock units granted and how do they vest?
The restricted stock units were granted on February 10, 2025 under the PC Connection, Inc. 2020 Stock Incentive Plan. 625 shares vested on February 10, 2026, with additional tranches of 625 shares scheduled to vest annually on February 10, 2027, 2028, and 2029.
Is the PC Connection (CNXN) Form 4 transaction a market purchase or sale?
The transaction is an exercise or conversion of restricted stock units, not a market trade. 625 restricted stock units were converted into 625 common shares at $0.00 per share, reflecting equity compensation vesting rather than an open-market buy or sell of PC Connection (CNXN) shares.