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PC Connection (NASDAQ: CNXN) director details RSU awards and new shares

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

PC Connection, Inc. director Gary J. Kinyon reported equity awards and related share activity. On December 16, 2025, he received 1,250 restricted stock units (RSUs) under the PC Connection, Inc. 2020 Stock Incentive Plan. These RSUs convert into common stock on a one-for-one basis and will vest in equal annual installments over four years, with 25% vesting on December 16, 2026 and an additional 25% on each anniversary until fully vested.

The filing also shows the settlement of an earlier RSU grant made on December 17, 2021 under the Amended and Restated 2020 Stock Incentive Plan. From that grant, 1,250 shares vested on December 17, 2024 and another 1,250 shares vested on December 17, 2025, with the units converting to common stock at an exercise price of $0.00. Following these transactions, Kinyon reported owning 5,625 shares of PC Connection common stock directly.

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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*
Kinyon Gary

(Last) (First) (Middle)
730 MILFORD RD.

(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)
12/16/2025
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 12/17/2025 M 1,250 A $0.00(1) 5,625 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) 12/16/2025 A 1,250 (2) (2) Common Stock 1,250 $0.00 1,250 D
Restricted Stock Units (1) 12/17/2025 M 1,250 (3) (3) Common Stock 1,250 $0.00 0.00 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. 2020 Stock Incentive Plan on December 16, 2025 and will vest in equal annual installments over a four-year period, with the first 25% of the restricted stock units vesting on December 16, 2026 and an additional 25% vesting on each anniversary thereafter until fully vested.
3. The restricted stock units were granted under the PC Connection, Inc. Amended and Restated 2020 Stock Incentive Plan on December 17, 2021; 1,250 of the shares vested on December 17, 2024, and the remaining shares are scheduled to vest as follows: 1,250 shares on December 17, 2025. The restricted stock units have an expiration date of December 16, 2031.
Remarks:
/s/Timothy J. McGrath, attorney-in-fact for Gary J. Kinyon 12/18/2025
** 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 insider transaction did PC Connection (CNXN) disclose in this Form 4?

The company disclosed that director Gary J. Kinyon received 1,250 restricted stock units on December 16, 2025 and had 1,250 RSUs vest and convert into common stock on December 17, 2025 at an exercise price of $0.00.

How many PC Connection (CNXN) shares does the reporting person own after the transactions?

After the reported transactions, Gary J. Kinyon beneficially owned 5,625 shares of PC Connection, Inc. common stock, held directly.

What are the vesting terms of the new RSU grant reported by PC Connection (CNXN)?

The 1,250 restricted stock units granted on December 16, 2025 under the 2020 Stock Incentive Plan will vest in equal annual installments over four years, with the first 25% vesting on December 16, 2026 and an additional 25% vesting on each anniversary until fully vested.

What was the origin and schedule of the previously granted RSUs for PC Connection (CNXN)?

The earlier RSUs were granted under the PC Connection, Inc. Amended and Restated 2020 Stock Incentive Plan on December 17, 2021. From this grant, 1,250 shares vested on December 17, 2024 and another 1,250 shares are scheduled to vest on December 17, 2025, with an expiration date of December 16, 2031.

How do the restricted stock units for PC Connection (CNXN) convert into common stock?

According to the disclosure, the restricted stock units convert into common stock on a one-for-one basis, meaning each RSU represents one share of PC Connection common stock upon vesting.

Was there any cost to exercise the vested RSUs for PC Connection (CNXN)?

The vested restricted stock units converted into common stock at an exercise price of $0.00, indicating no cash payment was required upon settlement.

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Electronics & Computer Distribution
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MERRIMACK