STOCK TITAN

Director Jay Bothwick converts 1,250 RSUs at PC Connection (NASDAQ: CNXN)

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

PC Connection, Inc. director Jay E. Bothwick exercised restricted stock units into 1,250 shares of common stock on June 30, 2026. These restricted stock units were granted on June 30, 2022 under the PC Connection, Inc. Amended and Restated 2020 Stock Incentive Plan and vested on June 30, 2026. Following the conversion, Bothwick directly holds 6,875 shares of PC Connection common stock. No open-market purchases or sales were reported in this filing, indicating a routine vesting and settlement of equity compensation.

Positive

  • None.

Negative

  • None.
Insider Bothwick Jay E
Role null
Type Security Shares Price Value
Exercise Restricted Stock Units 1,250 $0.00 --
Exercise Common Stock 1,250 $0.00 --
Holdings After Transaction: Restricted Stock Units — 0 shares (Direct, null); Common Stock — 6,875 shares (Direct, null)
Footnotes (1)
  1. The restricted stock units convert into common stock on a one-for-one basis. The restricted stock units were granted under the PC Connection, Inc. Amended and Restated 2020 Stock Incentive Plan on June 30, 2022. 1,250 shares vested on June 30, 2026.
RSUs converted 1,250 shares Restricted stock units converted into common stock on June 30, 2026
Shares held after transaction 6,875 shares Direct common stock holdings after June 30, 2026 conversion
Grant date June 30, 2022 RSUs granted under Amended and Restated 2020 Stock Incentive Plan
Vesting date June 30, 2026 1,250 RSUs vested and converted into common stock
Restricted Stock Units financial
"The restricted stock units convert into common stock on a one-for-one basis."
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
"transaction_code_description": "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.
Amended and Restated 2020 Stock Incentive Plan financial
"granted under the PC Connection, Inc. Amended and Restated 2020 Stock Incentive Plan on June 30, 2022."
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Bothwick Jay E

(Last)(First)(Middle)
730 MILFORD RD.

(Street)
MERRIMACK NEW HAMPSHIRE 03054

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
PC CONNECTION INC [ CNXN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock06/30/2026M1,250A$0.006,875D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)06/30/2026M1,250 (2) (2)Common Stock1,250$0.000.00D
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 under the PC Connection, Inc. Amended and Restated 2020 Stock Incentive Plan on June 30, 2022. 1,250 shares vested on June 30, 2026.
Remarks:
/s/Timothy J. McGrath, attorney-in-fact for Jay Bothwick07/01/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did PC Connection (CNXN) report for Jay E. Bothwick?

PC Connection (CNXN) reported that director Jay E. Bothwick converted 1,250 restricted stock units into common stock on June 30, 2026. This was a routine equity compensation vesting rather than an open-market share purchase or sale.

How many PC Connection (CNXN) shares does Jay E. Bothwick hold after this Form 4?

After the June 30, 2026 transaction, Jay E. Bothwick directly holds 6,875 shares of PC Connection (CNXN) common stock. This reflects the addition of 1,250 shares from vested restricted stock units reported in the Form 4 filing.

Were Jay E. Bothwick’s PC Connection (CNXN) transactions open-market trades?

No, Jay E. Bothwick’s reported PC Connection (CNXN) transactions were not open-market trades. The Form 4 shows an exercise of restricted stock units into 1,250 common shares as part of equity compensation, with no reported open-market buying or selling.

What equity plan governed the CNXN restricted stock units exercised by Jay E. Bothwick?

The restricted stock units exercised by Jay E. Bothwick in PC Connection (CNXN) were granted under the PC Connection, Inc. Amended and Restated 2020 Stock Incentive Plan. The grant occurred on June 30, 2022, with 1,250 shares vesting on June 30, 2026.

What does transaction code M mean in the CNXN Form 4 for Jay E. Bothwick?

In this PC Connection (CNXN) Form 4, transaction code M indicates the exercise or conversion of a derivative security. Specifically, Bothwick converted 1,250 restricted stock units into an equal number of common shares on June 30, 2026.