PC Connection (NASDAQ: CNXN) director reports 18,500-share stock gift
Rhea-AI Filing Summary
PC Connection Inc director, officer and 10% owner Patricia Gallup reported a gift of 18,500 shares of common stock to a charity on December 12, 2025 at a stated price of $0.00 per share.
Following this transaction, she directly owned 2,522,008 PC Connection common shares, and the filing also reports additional indirect holdings through the Estate of David McLellan Hall, her spouse, and several New Hampshire trusts where she serves as trustee and/or beneficiary.
Positive
- None.
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- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 18,500 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- This transaction involved a gift of securities by the reporting person to a charity. The reporting person disclaims beneficial ownership of the shares held by the charity. These shares are held directly by the Estate of David McLellan Hall (the Estate), for which the reporting person serves as executor. The reporting person is also the beneficiary of trusts which will receive the shares held by the Estate. 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 lifetime 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.
FAQ
What insider transaction did Patricia Gallup report for PC Connection (CNXN)?
Patricia Gallup reported a gift of 18,500 shares of PC Connection common stock to a charity on December 12, 2025, recorded with transaction code G at a stated price of $0.00 per share.
What is Patricia Gallup's role and relationship to PC Connection (CNXN)?
Patricia Gallup is reported as a Director, a 10% Owner, and an Officer of PC Connection, serving as Chairman & Chief Admin Officer.
Does Patricia Gallup claim beneficial ownership of all indirectly held PC Connection (CNXN) shares?
The filing states that she disclaims beneficial ownership of the shares held by the charity and of her spouse’s shares except to the extent of her pecuniary interest, and describes her roles as trustee and/or beneficiary for various trusts and the estate.
What does transaction code G mean in this PC Connection (CNXN) insider report?
Transaction code G in this report is explained as a gift of securities by the reporting person to a charity.