PC Connection CFO exercises 5,000 RSUs

PC Connection, Inc. Senior VP, CFO & Treasurer Thomas C. Baker exercised restricted stock units into common shares.

Rhea-AI Filing Summary

PC Connection, Inc. Senior VP, CFO & Treasurer Thomas C. Baker exercised restricted stock units into common shares. On March 14, 2026, 5,000 RSUs vested and were converted into 5,000 shares of common stock. To cover tax obligations, 1,501 shares were withheld at a price of $59.84 per share, leaving a net 3,499 new shares and bringing his direct common stock holdings to 56,092 shares. These RSUs were granted on March 14, 2024 under the 2020 Stock Incentive Plan, with an additional 5,000 shares scheduled to vest annually on March 14, 2027 and March 14, 2028.

Insider Trade Summary

5,000 shares exercised/converted

Exercise 3 txns

Insider Baker Thomas C

Role Sr. VP, CFO & Treasurer

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	5,000	$0.00	$0.00
Exercise	Common Stock	5,000	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	1,501	$59.84	$90K

Holdings After Transaction: Restricted Stock Units — 10,000 contracts (Direct); Common Stock — 56,092 shares (Direct)

Footnotes (2)

1. F1. Each restricted stock unit represents a contingent right to receive one share of common stock.
2. F2. The restricted stock units were granted under the PC Connection, Inc. 2020 Stock Incentive Plan on March 14, 2024. 5,000 shares vested on March 14, 2026, and the remaining shares are scheduled to vest as follows; 5,000 shares annually on March 14, 2027 through March 14, 2028.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did PC Connection (CNXN) CFO Thomas Baker report in this Form 4?

Thomas C. Baker reported the vesting and exercise of 5,000 restricted stock units into common stock on March 14, 2026. The transaction reflects routine equity compensation under PC Connection’s 2020 Stock Incentive Plan, rather than an open-market stock purchase or sale.

How many PC Connection (CNXN) shares did the CFO effectively gain?

Baker acquired 5,000 common shares from vested RSUs, with 1,501 shares withheld to cover tax obligations. This left him with a net increase of 3,499 shares, bringing his direct common stock holdings to 56,092 shares after the transactions.

What was the tax withholding transaction in the PC Connection (CNXN) Form 4?

The filing shows a tax-withholding disposition of 1,501 common shares at $59.84 per share. These shares were delivered to satisfy tax liabilities arising from the RSU vesting, and do not represent an open-market sale initiated by the CFO.

What equity award plan covers the CFO’s RSUs at PC Connection (CNXN)?

The restricted stock units were granted under the PC Connection, Inc. 2020 Stock Incentive Plan on March 14, 2024. The grant consists of 15,000 RSUs, vesting in three annual installments tied to March 14 of 2026, 2027, and 2028.

What is the future vesting schedule of the CFO’s RSUs at PC Connection (CNXN)?

After 5,000 RSUs vested on March 14, 2026, the remaining grant is scheduled to vest as 5,000 shares annually on March 14, 2027 and March 14, 2028. Each vested unit represents the right to receive one share of common stock.

Does the PC Connection (CNXN) Form 4 reflect an open-market stock sale?

No, the Form 4 shows RSU vesting and a tax-withholding disposition, not an open-market sale. Shares withheld under transaction code “F” were used to pay tax obligations related to the equity award, a common administrative mechanism for compensation.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 03/16/2026 - 04:06 PM Learn about SEC filing dates

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)
03/14/2026

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	03/14/2026		M		5,000	A	$0.00(1)	57,593	D
Common Stock	03/14/2026		F		1,501	D	$59.84	56,092	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)	03/14/2026		M			5,000	(2)	(2)	Common Stock	5,000	$0.00	10,000	D

Explanation of Responses:

1. Each restricted stock unit represents a contingent right to receive one share of common stock.

2. The restricted stock units were granted under the PC Connection, Inc. 2020 Stock Incentive Plan on March 14, 2024. 5,000 shares vested on March 14, 2026, and the remaining shares are scheduled to vest as follows; 5,000 shares annually on March 14, 2027 through March 14, 2028.

Remarks:

	/s/ Thomas C. Baker	03/16/2026
	** 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.