STOCK TITAN

PC Connection (NASDAQ: CNXN) director converts 625 RSUs into common stock

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

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.
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*
Duckett Barbara

(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)
03/14/2026
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 03/14/2026 M 625 A $0.00(1) 18,252 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) 03/14/2026 M 625 (2) (2) Common Stock 625 $0.00 1,250 D
Explanation of Responses:
1. Each restricted stock unit represents a contingent right to receive one share of common stock.
2. 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.
Remarks:
/s/Timothy J. McGrath, attorney-in-fact for Barbara Duckett 03/16/2026
** 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 did CNXN director Barbara Duckett report in this Form 4 filing?

Barbara Duckett reported the vesting and exercise of 625 restricted stock units into 625 shares of PC Connection common stock at $0.00 per share, reflecting routine equity compensation rather than an open-market stock purchase.

How many PC Connection (CNXN) shares does Barbara Duckett hold after this transaction?

After the reported transaction, Barbara Duckett directly holds 18,252 shares of PC Connection common stock, plus 1,250 remaining restricted stock units that are scheduled to vest in future years under the company’s 2020 Stock Incentive Plan.

What type of security was involved in Barbara Duckett’s CNXN Form 4 transaction?

The transaction involved restricted stock units that converted into common stock. Each restricted stock unit represents a contingent right to receive one share of PC Connection common stock, granted under the company’s 2020 Stock Incentive Plan.

Was Barbara Duckett’s CNXN Form 4 transaction an open-market stock purchase or sale?

The transaction was not an open-market trade. It reflects the exercise and vesting of restricted stock units into common stock at $0.00 per share, categorized as a derivative exercise/conversion rather than a buy or sell in the open market.

When will Barbara Duckett’s remaining CNXN restricted stock units vest?

The remaining restricted stock units are scheduled to vest in two equal installments. According to the grant terms, 625 units vest on March 14, 2027, and another 625 units vest on March 14, 2028, assuming continued eligibility.

Under which plan were Barbara Duckett’s CNXN restricted stock units granted?

The restricted stock units were granted under the PC Connection, Inc. 2020 Stock Incentive Plan. The specific grant was made on March 14, 2024, with vesting over several years, including the 2026 tranche reported in this Form 4.
Pc Connection Inc

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