PC Connection director exercises 625 RSUs into shares
PC Connection, Inc. director Barbara Duckett reported the vesting and exercise of restricted stock units into common shares as part of her equity compensation.
Rhea-AI Filing Summary
PC Connection, Inc. director Barbara Duckett reported the vesting and exercise of restricted stock units into common shares as part of her equity compensation. On March 14, 2026, 625 restricted stock units converted into 625 shares of common stock at a price of $0.00 per share, reflecting a routine derivative exercise rather than an open-market purchase.
Following the transaction, Duckett directly owned 18,252 shares of PC Connection common stock and 1,250 restricted stock units. According to the grant terms, 625 additional restricted stock units are scheduled to vest on March 14, 2027, and 625 more on March 14, 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 625 | $0.00 | $0.00 |
| Exercise | Common Stock | 625 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each restricted stock unit represents a contingent right to receive one share of common stock.
- F2. The restricted stock units were granted under the PC Connection, Inc. 2020 Stock Incentive Plan on March 14, 2024. 625 shares vested on March 14, 2026, and the remaining shares are scheduled to vest as follows; 625 shares annually on March 14, 2027 through March 14, 2028.
FAQ
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What did CNXN director Barbara Duckett report in this Form 4 filing?
What type of security was involved in Barbara Duckett’s CNXN Form 4 transaction?
Was Barbara Duckett’s CNXN Form 4 transaction an open-market stock purchase or sale?
When will Barbara Duckett’s remaining CNXN restricted stock units vest?
Under which plan were Barbara Duckett’s CNXN restricted stock units granted?
AI-generated analysis. How Rhea-AI works. Not financial advice.