STOCK TITAN

[Form 4] PC Connection Inc Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

David Beffa-Negrini, a director of PC Connection Inc. (CNXN), reported stock changes on a Form 4 dated 09/02/2025. The filing shows a transaction dated 09/01/2025 in which 500 shares of Common Stock were acquired (reported as a non-derivative acquisition) at a price of $0.00, bringing his direct beneficial ownership to 62,875 shares after that transaction. The filing also reports 500 Restricted Stock Units (RSUs) converting into 500 shares of Common Stock (derivative-to-common conversion), with 500 RSUs acquired on 09/01/2025 and 1,000 shares of common stock beneficially owned following the reported derivative transaction. The RSUs were originally granted on February 13, 2018, and vest in ten annual installments of 500 units each beginning September 1, 2018.

David Beffa-Negrini, direttore di PC Connection Inc. (CNXN), ha dichiarato movimenti azionari in un Modulo 4 datato 02/09/2025. La comunicazione riporta una transazione del 01/09/2025 in cui sono state acquisite 500 azioni di Common Stock (segnalate come acquisizione non-derivata) a un prezzo di $0,00, portando la sua titolarità diretta a 62.875 azioni dopo tale operazione. Il modulo indica inoltre la conversione di 500 Restricted Stock Units (RSU) in 500 azioni di Common Stock (conversione da strumento derivato a azioni ordinarie), con 500 RSU acquisite il 01/09/2025 e 1.000 azioni di common stock possedute beneficiariamente a seguito della conversione. Le RSU erano state originate il 13 febbraio 2018 e si consolidano in dieci rate annuali di 500 unità ciascuna a partire dal 01/09/2018.

David Beffa-Negrini, director de PC Connection Inc. (CNXN), informó cambios en sus acciones mediante un Formulario 4 fechado el 02/09/2025. La presentación muestra una operación con fecha 01/09/2025 en la que se adquirieron 500 acciones de Common Stock (reportadas como adquisición no derivada) a un precio de $0.00, elevando su propiedad directa a 62.875 acciones tras esa transacción. El informe también recoge la conversión de 500 Restricted Stock Units (RSU) en 500 acciones de Common Stock (conversión de derivado a acciones ordinarias), con 500 RSU adquiridas el 01/09/2025 y 1.000 acciones ordinarias en propiedad beneficiaria tras la conversión. Las RSU se otorgaron originalmente el 13 de febrero de 2018 y se consolidan en diez pagos anuales de 500 unidades cada uno a partir del 01/09/2018.

PC Connection Inc.(CNXN) 이사인 David Beffa-Negrini가 2025년 9월 2일자 Form 4에서 주식 변동을 신고했습니다. 제출서류에는 2025년 9월 1일 자 거래로 Common Stock 500주를 취득한 것으로(비파생 취득으로 보고) 가격은 $0.00이며, 해당 거래 후 그의 직접 보유지분은 62,875주가 되었다고 기재되어 있습니다. 또한 서류에는 500개의 Restricted Stock Units(RSU)이 500주의 Common Stock으로 전환된(파생상품에서 보통주로의 전환) 사항이 보고되어 있으며, 500 RSU가 2025년 9월 1일에 취득되어 해당 파생 거래 후 보통주 1,000주를 실질 보유하게 되었다고 적시되어 있습니다. 해당 RSU는 2018년 2월 13일에 부여되었으며 2018년 9월 1일부터 매년 500단위씩 10년에 걸쳐 베스팅됩니다.

David Beffa-Negrini, administrateur de PC Connection Inc. (CNXN), a déclaré des mouvements d'actions dans un Formulaire 4 daté du 02/09/2025. Le dépôt indique une opération datée du 01/09/2025 au cours de laquelle 500 actions de Common Stock ont été acquises (déclarées comme acquisition non dérivée) au prix de 0,00 $, portant sa détention directe à 62 875 actions après cette transaction. Le document signale également la conversion de 500 Restricted Stock Units (RSU) en 500 actions de Common Stock (conversion de dérivé en actions ordinaires), avec 500 RSU acquises le 01/09/2025 et 1 000 actions ordinaires détenues économiquement suite à la transaction dérivée. Les RSU avaient été attribuées initialement le 13 février 2018 et se libèrent en dix versements annuels de 500 unités chacun à partir du 01/09/2018.

David Beffa-Negrini, Direktor von PC Connection Inc. (CNXN), meldete Aktienbewegungen in einem Formular 4 vom 02.09.2025. Die Einreichung weist eine Transaktion vom 01.09.2025 aus, bei der 500 Aktien der Common Stock erworben wurden (als nicht-derivativer Erwerb gemeldet) zu einem Preis von $0.00, wodurch sein direktes wirtschaftliches Eigentum nach dieser Transaktion 62.875 Aktien beträgt. Das Formular berichtet außerdem über die Umwandlung von 500 Restricted Stock Units (RSUs) in 500 Aktien der Common Stock (Umwandlung von Derivat- in Stammaktien), wobei 500 RSUs am 01.09.2025 erworben wurden und er nach der gemeldeten derivativen Transaktion 1.000 Aktien der Common Stock wirtschaftlich besitzt. Die RSUs wurden ursprünglich am 13. Februar 2018 gewährt und kommen in zehn jährlichen Raten zu je 500 Einheiten beginnend am 01.09.2018 zur Vesting.

Positive
  • Director increased direct holdings by 500 shares, showing alignment with company through vested equity
  • RSU conversion documented with original grant date and vesting schedule, providing transparency on compensation timing
Negative
  • None.

Insights

TL;DR: Director received 500 shares and 500 RSUs vested into shares, modestly increasing his direct share count.

The filing documents routine equity vesting and conversion activity by a company director. The non-derivative line records a 500-share acquisition at $0.00, while the derivative section records the conversion/vesting of 500 Restricted Stock Units into common shares, consistent with the RSU grant schedule from February 13, 2018. This is standard director compensation/vesting practice and does not disclose any additional agreements or changes to governance. The signature is by an attorney-in-fact, indicating the filing was submitted on the reporting person's behalf.

TL;DR: Transaction shows scheduled vesting and a small acquisition; not material in isolation to ownership control.

The Form 4 reports a Code M transaction dated 09/01/2025 and records the resulting beneficial ownership figures: 62,875 shares direct after the non-derivative transaction and 1,000 shares beneficially owned following the derivative conversion. The disclosure includes grant date and vesting schedule for the RSUs, confirming these were part of a long-term compensation award. No cash consideration is reported for the conversions, and no additional derivative instruments or exercises are listed. Impact to investors is routine and informational for tracking insider holdings.

David Beffa-Negrini, direttore di PC Connection Inc. (CNXN), ha dichiarato movimenti azionari in un Modulo 4 datato 02/09/2025. La comunicazione riporta una transazione del 01/09/2025 in cui sono state acquisite 500 azioni di Common Stock (segnalate come acquisizione non-derivata) a un prezzo di $0,00, portando la sua titolarità diretta a 62.875 azioni dopo tale operazione. Il modulo indica inoltre la conversione di 500 Restricted Stock Units (RSU) in 500 azioni di Common Stock (conversione da strumento derivato a azioni ordinarie), con 500 RSU acquisite il 01/09/2025 e 1.000 azioni di common stock possedute beneficiariamente a seguito della conversione. Le RSU erano state originate il 13 febbraio 2018 e si consolidano in dieci rate annuali di 500 unità ciascuna a partire dal 01/09/2018.

David Beffa-Negrini, director de PC Connection Inc. (CNXN), informó cambios en sus acciones mediante un Formulario 4 fechado el 02/09/2025. La presentación muestra una operación con fecha 01/09/2025 en la que se adquirieron 500 acciones de Common Stock (reportadas como adquisición no derivada) a un precio de $0.00, elevando su propiedad directa a 62.875 acciones tras esa transacción. El informe también recoge la conversión de 500 Restricted Stock Units (RSU) en 500 acciones de Common Stock (conversión de derivado a acciones ordinarias), con 500 RSU adquiridas el 01/09/2025 y 1.000 acciones ordinarias en propiedad beneficiaria tras la conversión. Las RSU se otorgaron originalmente el 13 de febrero de 2018 y se consolidan en diez pagos anuales de 500 unidades cada uno a partir del 01/09/2018.

PC Connection Inc.(CNXN) 이사인 David Beffa-Negrini가 2025년 9월 2일자 Form 4에서 주식 변동을 신고했습니다. 제출서류에는 2025년 9월 1일 자 거래로 Common Stock 500주를 취득한 것으로(비파생 취득으로 보고) 가격은 $0.00이며, 해당 거래 후 그의 직접 보유지분은 62,875주가 되었다고 기재되어 있습니다. 또한 서류에는 500개의 Restricted Stock Units(RSU)이 500주의 Common Stock으로 전환된(파생상품에서 보통주로의 전환) 사항이 보고되어 있으며, 500 RSU가 2025년 9월 1일에 취득되어 해당 파생 거래 후 보통주 1,000주를 실질 보유하게 되었다고 적시되어 있습니다. 해당 RSU는 2018년 2월 13일에 부여되었으며 2018년 9월 1일부터 매년 500단위씩 10년에 걸쳐 베스팅됩니다.

David Beffa-Negrini, administrateur de PC Connection Inc. (CNXN), a déclaré des mouvements d'actions dans un Formulaire 4 daté du 02/09/2025. Le dépôt indique une opération datée du 01/09/2025 au cours de laquelle 500 actions de Common Stock ont été acquises (déclarées comme acquisition non dérivée) au prix de 0,00 $, portant sa détention directe à 62 875 actions après cette transaction. Le document signale également la conversion de 500 Restricted Stock Units (RSU) en 500 actions de Common Stock (conversion de dérivé en actions ordinaires), avec 500 RSU acquises le 01/09/2025 et 1 000 actions ordinaires détenues économiquement suite à la transaction dérivée. Les RSU avaient été attribuées initialement le 13 février 2018 et se libèrent en dix versements annuels de 500 unités chacun à partir du 01/09/2018.

David Beffa-Negrini, Direktor von PC Connection Inc. (CNXN), meldete Aktienbewegungen in einem Formular 4 vom 02.09.2025. Die Einreichung weist eine Transaktion vom 01.09.2025 aus, bei der 500 Aktien der Common Stock erworben wurden (als nicht-derivativer Erwerb gemeldet) zu einem Preis von $0.00, wodurch sein direktes wirtschaftliches Eigentum nach dieser Transaktion 62.875 Aktien beträgt. Das Formular berichtet außerdem über die Umwandlung von 500 Restricted Stock Units (RSUs) in 500 Aktien der Common Stock (Umwandlung von Derivat- in Stammaktien), wobei 500 RSUs am 01.09.2025 erworben wurden und er nach der gemeldeten derivativen Transaktion 1.000 Aktien der Common Stock wirtschaftlich besitzt. Die RSUs wurden ursprünglich am 13. Februar 2018 gewährt und kommen in zehn jährlichen Raten zu je 500 Einheiten beginnend am 01.09.2018 zur Vesting.

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*
BEFFA NEGRINI DAVID

(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)
09/01/2025
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 09/01/2025 M 500 A $0.00 62,875 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) 09/01/2025 M 500 (2) (2) Common Stock 500 $0.00 1,000 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 on February 13, 2018, with vesting scheduled in ten annual installments of 500 units each commencing September 1, 2018.
Remarks:
/s/Timothy J. McGrath, attorney-in-fact for David Beffa-Negrini 09/02/2025
** 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.

FAQ

What did David Beffa-Negrini report on the Form 4 for CNXN?

He reported acquiring 500 shares of Common Stock on 09/01/2025 and the conversion/vesting of 500 Restricted Stock Units into common shares.

How many shares does David Beffa-Negrini beneficially own after the transactions?

The Form 4 shows 62,875 shares direct after the non-derivative transaction and 1,000 shares beneficially owned following the reported derivative conversion.

What was the price reported for the acquired shares and RSU conversion?

Both the non-derivative acquisition of 500 shares and the RSU conversion are reported at a price of $0.00.

When were the Restricted Stock Units originally granted and how do they vest?

The RSUs were granted on February 13, 2018 and vest in ten annual installments of 500 units each starting September 1, 2018.

Who signed the Form 4 filing for the reporting person?

The filing is signed by Timothy J. McGrath, attorney-in-fact for David Beffa-Negrini on 09/02/2025.
Pc Connection Inc

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