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CNXN Form 4: PC Connection CFO share and RSU transactions filed

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

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.
Insider Baker Thomas C
Role Sr. VP, CFO & Treasurer
Type Security Shares Price Value
Exercise Restricted Stock Units 5,000 $0.00 --
Exercise Common Stock 5,000 $0.00 --
Tax Withholding Common Stock 1,968 $57.56 $113K
Holdings After Transaction: Restricted Stock Units — 5,000 shares (Direct); Common Stock — 47,853 shares (Direct)
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 2020 Stock Incentive Plan on November 21, 2022. 5,000 of the shares vested on November 21, 2025, and the remaining shares are scheduled to vest on November 21, 2026.
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Form 4 Insider Transactions: What Each Field Means →
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*
Baker Thomas C
(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Sr. VP, CFO & Treasurer
3. Date of Earliest Transaction (Month/Day/Year)
11/21/2025
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 11/21/2025 M 5,000 A $0.00(1) 47,853 D
Common Stock 11/21/2025 F 1,968 D $57.56 45,885 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) 11/21/2025 M 5,000 (2) (2) Common Stock 5,000 $0.00 5,000 D
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 2020 Stock Incentive Plan on November 21, 2022. 5,000 of the shares vested on November 21, 2025, and the remaining shares are scheduled to vest on November 21, 2026.
Remarks:
/s/ Thomas C. Baker 11/24/2025
** 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.

Source: View Original Filing on SEC EDGAR

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.