PC Connection (CNXN) Insider Files: 500 Shares Added, 500 RSUs Converted

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.

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

Corporate Governance Expert

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.

Securities/Insider Transactions Analyst

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.

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

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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.