PC Connection (CNXN) CEO nets shares after 10,000 RSUs vest

Rhea-AI Filing Summary

PC Connection, Inc. President & CEO Timothy J. McGrath exercised 10,000 restricted stock units into an equal number of common shares as part of a previously granted equity award. To cover tax obligations, 3,935 shares of common stock were withheld at $59.84 per share, leaving a net 6,065 shares added to his direct holdings.

After these transactions, McGrath directly holds 284,278 shares of common stock. The restricted stock units were granted under the 2020 Stock Incentive Plan on March 14, 2024, with an additional 10,000 units scheduled to vest annually on March 14, 2027 and March 14, 2028.

Insider Trade Summary

10,000 shares exercised/converted

Mixed 3 txns

Insider MCGRATH TIMOTHY J

Role President & CEO

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	10,000	$0.00	--
Exercise	Common Stock	10,000	$0.00	--
Tax Withholding	Common Stock	3,935	$59.84	$235K

Holdings After Transaction: Restricted Stock Units — 20,000 shares (Direct); Common Stock — 288,213 shares (Direct)

Footnotes (1)

1. Each restricted stock unit represents a contingent right to receive one share of common stock. The restricted stock units were granted under the PC Connection, Inc. 2020 Stock Incentive Plan on March 14, 2024. 10,000 shares vested on March 14, 2026, and the remaining shares are scheduled to vest as follows; 10,000 shares annually on March 14, 2027 through March 14, 2028.

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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^*

MCGRATH TIMOTHY J

(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)
	President & CEO

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		10,000	A	$0.00(1)	288,213	D
Common Stock	03/14/2026		F		3,935	D	$59.84	284,278	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			10,000	(2)	(2)	Common Stock	10,000	$0.00	20,000	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. 10,000 shares vested on March 14, 2026, and the remaining shares are scheduled to vest as follows; 10,000 shares annually on March 14, 2027 through March 14, 2028.

Remarks:

	/s/Timothy J. McGrath	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.

FAQ

What insider transaction did CNXN CEO Timothy McGrath report on this Form 4?

Timothy J. McGrath reported exercising 10,000 restricted stock units into common shares and a related tax-withholding share disposition. This reflects equity compensation vesting rather than an open-market stock purchase or sale, and the transactions were recorded as direct ownership changes in PC Connection stock.

How many PC Connection (CNXN) restricted stock units vested for the CEO?

10,000 restricted stock units vested for Timothy J. McGrath and were converted into 10,000 shares of PC Connection common stock. These units were part of an award granted under the 2020 Stock Incentive Plan, originally issued on March 14, 2024, with additional tranches scheduled to vest later.

How was tax withholding handled in Timothy McGrath’s CNXN Form 4 filing?

To satisfy tax obligations on the vesting, 3,935 shares of PC Connection common stock were withheld at a price of $59.84 per share. This F-code transaction is described as payment of tax liability by delivering securities, not as an open-market sale of shares by the CEO.

What are Timothy McGrath’s PC Connection (CNXN) holdings after this Form 4?

Following the reported transactions, Timothy J. McGrath directly holds 284,278 shares of PC Connection common stock. This figure reflects the 10,000 newly acquired shares from restricted stock units, net of 3,935 shares withheld to cover tax liabilities associated with the vesting event on March 14, 2026.

What is the vesting schedule for the remaining CNXN restricted stock units?

The restricted stock units were granted under the 2020 Stock Incentive Plan on March 14, 2024. After the 10,000 units that vested on March 14, 2026, the remaining units are scheduled to vest in 10,000-share increments annually on March 14, 2027 and March 14, 2028, subject to plan terms.

Is the CEO’s CNXN Form 4 transaction an open-market stock sale or purchase?

The Form 4 shows a derivative exercise and tax-withholding disposition, not an open-market purchase or sale. McGrath exercised 10,000 restricted stock units into common shares, and 3,935 shares were withheld to pay taxes, leaving additional shares in his direct ownership position afterward.