PC Connection (CNXN) director Patricia Gallup reports new 22,500 RSU award
Rhea-AI Filing Summary
PC Connection, Inc. insider Patricia Gallup, a director, 10% owner and Chairman & Chief Administrative Officer, reported equity award activity in the company’s stock. On December 16, 2025, she received 22,500 restricted stock units (RSUs), which convert into common shares on a one-for-one basis and vest in equal annual installments over four years, with 25% vesting on December 16, 2026 and each anniversary thereafter.
On December 17, 2025, 1,250 RSUs previously granted under the amended and restated 2020 Stock Incentive Plan vested and were settled into common stock at a price of $0.00, reported as an "M" code transaction. After these transactions, Gallup reports 2,523,258 shares held directly, plus additional indirect holdings including 15,133 shares through her spouse and several New Hampshire trusts holding blocks such as 7,042,055, 1,000,000 and 2,000,000 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,250 | $0.00 | -- |
| Exercise | Common Stock | 1,250 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 22,500 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- The restricted stock units convert into common stock on a one-for-one basis. The reporting person disclaims beneficial ownership of these securities, except to the extent of such person's pecuniary interest therein. This report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. These shares are held directly by the David Hall Trust 2003, an irrevocable trust formed under the laws of the State of New Hampshire. Ms. Gallup serves as the sole trustee and is the sole beneficiary of the shares held by the David Hall Trust 2003. These shares are held directly by the North Branch Trust, an irrevocable trust formed under the laws of the State of New Hampshire. Ms. Gallup serves as the sole trustee of the North Branch Trust. These shares are held directly by the Abbott Brook Trust, a grantor retained annuity trust formed under the laws of the State of New Hampshire. The reporting person is the sole trustee of the Abbott Brook Trust. These shares are held directly by the Comack Trust-B, a grantor retained annuity trust formed under the laws of the State of New Hampshire. The reporting person is the sole trustee of the Comack Trust-B. These shares are held directly by the Abbott Brook Trust-B, a grantor retained annuity trust formed under the laws of the State of New Hampshire. The reporting person is the sole trustee of the Abbott Brook Trust-B. The restricted stock units were granted under the PC Connection, Inc. 2020 Stock Incentive Plan on December 16, 2025 and will vest in equal annual installments over a four-year period, with the first 25% of the restricted stock units vesting on December 16, 2026 and an additional 25% vesting on each anniversary thereafter until fully vested. The restricted stock units were granted under the PC Connection, Inc. Amended and Restated 2020 Stock Incentive Plan on December 17, 2021; 1,250 of the shares vested on December 17, 2025.
FAQ
What insider activity did PC Connection (CNXN) report for Patricia Gallup?
The filing shows that Patricia Gallup, a director, 10% owner and Chairman & Chief Administrative Officer of PC Connection, Inc., received a new grant of restricted stock units and had a portion of a prior grant vest and convert into common stock.
How many restricted stock units were granted to Patricia Gallup at PC Connection (CNXN)?
On December 16, 2025, Patricia Gallup was granted 22,500 restricted stock units (RSUs), each convertible into one share of PC Connection common stock.
What are the vesting terms of Patricia Gallup’s new RSU grant at PC Connection (CNXN)?
The 22,500 RSUs granted on December 16, 2025 vest in equal annual installments over four years, with 25% vesting on December 16, 2026 and an additional 25% on each anniversary until fully vested.
What RSUs vested for Patricia Gallup on December 17, 2025 at PC Connection (CNXN)?
RSUs granted under the PC Connection, Inc. Amended and Restated 2020 Stock Incentive Plan vested on December 17, 2025; 1,250 shares vested and were delivered as common stock at a price of $0.00.
Under which equity plans were Patricia Gallup’s RSUs granted at PC Connection (CNXN)?
The 22,500 RSUs granted on December 16, 2025 were issued under the PC Connection, Inc. 2020 Stock Incentive Plan, while the 1,250 RSUs that vested on December 17, 2025 came from the Amended and Restated 2020 Stock Incentive Plan.