CNXN Form 4: PC Connection CFO share and RSU transactions filed
Rhea-AI Filing Summary
PC Connection, Inc. (CNXN) reported insider equity transactions by its Sr. VP, CFO & Treasurer, Thomas C. Baker. On 11/21/2025, 5,000 restricted stock units converted into common stock at an exercise price of $0.00, increasing his directly held common shares. The same day, 1,968 common shares were disposed of at $57.56, typically reflecting shares withheld or sold to cover taxes. After these transactions, Baker directly owned 45,885 common shares and 5,000 remaining restricted stock units, which are scheduled to vest on 11/21/2026.
Positive
- None.
Negative
- None.
FAQ
What insider transaction did PC Connection (CNXN) report for November 21, 2025?
PC Connection (CNXN) reported that Sr. VP, CFO & Treasurer Thomas C. Baker had 5,000 restricted stock units convert into common stock on 11/21/2025 and disposed of 1,968 common shares that same day.
How many PC Connection (CNXN) shares does the reporting officer own after the Form 4 transactions?
After the reported transactions, Thomas C. Baker directly owned 45,885 shares of PC Connection common stock and held 5,000 remaining restricted stock units.
What price was used for the PC Connection (CNXN) share disposition on November 21, 2025?
The 1,968 PC Connection common shares disposed of on 11/21/2025 were reported at a price of $57.56 per share.
What do the 5,000 restricted stock units represent in the PC Connection (CNXN) Form 4?
The 5,000 restricted stock units convert into PC Connection common stock on a one-for-one basis, as disclosed in the explanation of responses.
When were the PC Connection (CNXN) restricted stock units originally granted and when do they vest?
The restricted stock units were granted under the PC Connection, Inc. Amended 2020 Stock Incentive Plan on 11/21/2022. 5,000 shares vested on 11/21/2025, with the remaining shares scheduled to vest on 11/21/2026.
What is the role of the reporting person in PC Connection (CNXN)?
The reporting person, Thomas C. Baker, serves as Sr. VP, CFO & Treasurer of PC Connection, Inc.