STOCK TITAN

[Form 4] PC Connection Inc Insider Trading Activity

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

Patricia Gallup, a director, 10% owner and Chairman & Chief Admin Officer of PC Connection Inc. (CNXN), reported the vesting and acquisition of 500 restricted stock units that converted one-for-one into common stock on 09/01/2025. Following the reported transactions, Ms. Gallup directly beneficially owns 4,450,845 shares and holds several indirect stakes: 162,093 shares via an estate for which she is executor, 15,133 via spouse, and trust holdings of 6,879,962, 275,000, and 2,000,000 shares. The RSUs were originally granted on February 13, 2018, with ten annual vesting installments of 500 units beginning September 1, 2018.

Patricia Gallup, membro del consiglio, proprietaria del 10% e Presidente e Chief Admin Officer di PC Connection Inc. (CNXN), ha dichiarato il consolidamento e l'acquisto di 500 restricted stock unit convertite una a una in azioni ordinarie il 01/09/2025. A seguito delle operazioni comunicate, la signora Gallup detiene direttamente 4.450.845 azioni e possiede anche quote indirette: 162.093 azioni tramite un patrimonio per il quale è esecutrice, 15.133 tramite il coniuge e partecipazioni in trust pari a 6.879.962, 275.000 e 2.000.000 azioni. Le RSU erano state originariamente assegnate il 13 febbraio 2018, con dieci tranche annuali di maturazione da 500 unità a partire dal 1° settembre 2018.

Patricia Gallup, directora, propietaria del 10% y Presidenta y Chief Admin Officer de PC Connection Inc. (CNXN), informó el vencimiento y la adquisición de 500 restricted stock units que se convirtieron una a una en acciones comunes el 01/09/2025. Tras las transacciones reportadas, la Sra. Gallup posee directamente 4.450.845 acciones y también tiene participaciones indirectas: 162.093 acciones a través de un patrimonio del cual es albacea, 15.133 por medio del cónyuge y participaciones en fideicomisos de 6.879.962, 275.000 y 2.000.000 acciones. Las RSU se otorgaron originalmente el 13 de febrero de 2018, con diez vencimientos anuales de 500 unidades desde el 1 de septiembre de 2018.

Patricia Gallup는 이사이자 지분 10% 보유자이며 PC Connection Inc. (CNXN)의 회장 겸 Chief Admin Officer로, 500개의 제한주식 단위(RSU)가 1대1로 보통주로 전환되어 2025-09-01에 취득·확정되었음을 보고했습니다. 보고된 거래 이후 Gallup 씨는 직접적으로 4,450,845주를 보유하고 있으며, 간접 보유로는 집행인으로서의 유산을 통해 162,093주, 배우자를 통한 15,133주, 트러스트 보유로 6,879,962, 275,000, 2,000,000주를 각각 보유하고 있습니다. 해당 RSU는 2018년 2월 13일에 최초로 부여되었으며, 2018년 9월 1일부터 매년 500단위씩 총 10회에 걸쳐 베스팅되도록 설정되었습니다.

Patricia Gallup, administratrice, détentrice de 10% du capital et Présidente & Chief Admin Officer de PC Connection Inc. (CNXN), a déclaré le vesting et l’acquisition de 500 Restricted Stock Units converties une pour une en actions ordinaires le 01/09/2025. À la suite des opérations signalées, Mme Gallup détient directement 4 450 845 actions et possède également des participations indirectes : 162 093 actions via une succession dont elle est exécuteur, 15 133 via son conjoint, et des avoirs en trust de 6 879 962, 275 000 et 2 000 000 actions. Les RSU avaient été initialement attribuées le 13 février 2018, avec dix tranches annuelles de vesting de 500 unités à partir du 1er septembre 2018.

Patricia Gallup, Direktorin, 10%-Eigentümerin sowie Vorsitzende und Chief Admin Officer von PC Connection Inc. (CNXN), meldete das Vesting und den Erwerb von 500 Restricted Stock Units, die am 01.09.2025 eins zu eins in Stammaktien umgewandelt wurden. Nach den gemeldeten Transaktionen besitzt Frau Gallup direkt 4.450.845 Aktien und hält mehrere indirekte Beteiligungen: 162.093 Aktien über einen Nachlass, für den sie Testamentsvollstreckerin ist, 15.133 über den Ehepartner sowie Treuhandbestände von 6.879.962, 275.000 und 2.000.000 Aktien. Die RSUs waren ursprünglich am 13. Februar 2018 zugeteilt worden, mit zehn jährlichen Vesting-Raten zu je 500 Einheiten beginnend am 1. September 2018.

Positive
  • 500 restricted stock units vested and converted one-for-one into common stock on 09/01/2025
  • Reporting person holds significant direct and indirect ownership, indicating alignment with shareholders
  • Transaction recorded as vesting (Code M), consistent with the 2018 grant schedule
Negative
  • None.

Insights

TL;DR: Routine insider vesting: 500 RSUs converted to shares, reinforcing long-term ownership but immaterial to total holdings.

Ms. Gallup received 500 restricted stock units that vested and converted into common stock on 09/01/2025 at a one-for-one ratio. The filing shows substantial existing positions held directly and indirectly through trusts and an estate; these holdings reflect concentrated ownership and management alignment with shareholders. The transaction code indicates standard vesting (code M). There is no cash purchase price for the converted units as reported.

TL;DR: Governance note: reporting person is a director and significant owner; vesting follows a prior grant schedule.

The Form 4 documents a scheduled vesting event from a 2018 grant (ten annual installments). Ms. Gallup serves as executor and trustee for several entities holding CNXN shares, which explains multiple indirect ownership lines. The filing is a routine disclosure of beneficial ownership changes and contains no indications of unusual or opportunistic insider trading.

Patricia Gallup, membro del consiglio, proprietaria del 10% e Presidente e Chief Admin Officer di PC Connection Inc. (CNXN), ha dichiarato il consolidamento e l'acquisto di 500 restricted stock unit convertite una a una in azioni ordinarie il 01/09/2025. A seguito delle operazioni comunicate, la signora Gallup detiene direttamente 4.450.845 azioni e possiede anche quote indirette: 162.093 azioni tramite un patrimonio per il quale è esecutrice, 15.133 tramite il coniuge e partecipazioni in trust pari a 6.879.962, 275.000 e 2.000.000 azioni. Le RSU erano state originariamente assegnate il 13 febbraio 2018, con dieci tranche annuali di maturazione da 500 unità a partire dal 1° settembre 2018.

Patricia Gallup, directora, propietaria del 10% y Presidenta y Chief Admin Officer de PC Connection Inc. (CNXN), informó el vencimiento y la adquisición de 500 restricted stock units que se convirtieron una a una en acciones comunes el 01/09/2025. Tras las transacciones reportadas, la Sra. Gallup posee directamente 4.450.845 acciones y también tiene participaciones indirectas: 162.093 acciones a través de un patrimonio del cual es albacea, 15.133 por medio del cónyuge y participaciones en fideicomisos de 6.879.962, 275.000 y 2.000.000 acciones. Las RSU se otorgaron originalmente el 13 de febrero de 2018, con diez vencimientos anuales de 500 unidades desde el 1 de septiembre de 2018.

Patricia Gallup는 이사이자 지분 10% 보유자이며 PC Connection Inc. (CNXN)의 회장 겸 Chief Admin Officer로, 500개의 제한주식 단위(RSU)가 1대1로 보통주로 전환되어 2025-09-01에 취득·확정되었음을 보고했습니다. 보고된 거래 이후 Gallup 씨는 직접적으로 4,450,845주를 보유하고 있으며, 간접 보유로는 집행인으로서의 유산을 통해 162,093주, 배우자를 통한 15,133주, 트러스트 보유로 6,879,962, 275,000, 2,000,000주를 각각 보유하고 있습니다. 해당 RSU는 2018년 2월 13일에 최초로 부여되었으며, 2018년 9월 1일부터 매년 500단위씩 총 10회에 걸쳐 베스팅되도록 설정되었습니다.

Patricia Gallup, administratrice, détentrice de 10% du capital et Présidente & Chief Admin Officer de PC Connection Inc. (CNXN), a déclaré le vesting et l’acquisition de 500 Restricted Stock Units converties une pour une en actions ordinaires le 01/09/2025. À la suite des opérations signalées, Mme Gallup détient directement 4 450 845 actions et possède également des participations indirectes : 162 093 actions via une succession dont elle est exécuteur, 15 133 via son conjoint, et des avoirs en trust de 6 879 962, 275 000 et 2 000 000 actions. Les RSU avaient été initialement attribuées le 13 février 2018, avec dix tranches annuelles de vesting de 500 unités à partir du 1er septembre 2018.

Patricia Gallup, Direktorin, 10%-Eigentümerin sowie Vorsitzende und Chief Admin Officer von PC Connection Inc. (CNXN), meldete das Vesting und den Erwerb von 500 Restricted Stock Units, die am 01.09.2025 eins zu eins in Stammaktien umgewandelt wurden. Nach den gemeldeten Transaktionen besitzt Frau Gallup direkt 4.450.845 Aktien und hält mehrere indirekte Beteiligungen: 162.093 Aktien über einen Nachlass, für den sie Testamentsvollstreckerin ist, 15.133 über den Ehepartner sowie Treuhandbestände von 6.879.962, 275.000 und 2.000.000 Aktien. Die RSUs waren ursprünglich am 13. Februar 2018 zugeteilt worden, mit zehn jährlichen Vesting-Raten zu je 500 Einheiten beginnend am 1. September 2018.

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*
GALLUP PATRICIA

(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 X 10% Owner
X Officer (give title below) Other (specify below)
Chairman & Chief Admin Officer
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 4,450,845 D
Common Stock 162,093 I By Estate(1)
Common Stock 15,133 I By Spouse(2)
Common Stock 6,879,962 I By Trust(3)
Common Stock 275,000 I By Trust(4)
Common Stock 2,000,000 I By Trust(5)
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 (6) 09/01/2025 M 500 (7) (7) Common Stock 500 $0.00 1,000 D
Explanation of Responses:
1. These shares are held directly by the Estate of David McLellan Hall (the Estate), for which the reporting person serves as executor. The reporting person is also the beneficiary of trusts which will receive the shares held by the Estate.
2. The reporting person disclaims beneficial ownership of these securities, except to the extent of such person's pecuniary interest therein. This report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
3. These shares are held directly by the David Hall Trust 2003, an irrevocable trust formed under the laws of the State of New Hampshire. Ms. Gallup serves as the sole trustee and is the sole beneficiary of the shares held by the David Hall Trust 2003.
4. These shares are held directly by the North Branch Trust, an irrevocable trust formed under the laws of the State of New Hampshire. Ms. Gallup serves as the sole trustee of the North Branch Trust.
5. These shares are held directly by the Abbott Brook Trust, a grantor retained annuity trust formed under the laws of the State of New Hampshire. The reporting person is the sole trustee of the Abbott Brook Trust.
6. The restricted stock units convert into common stock on a one-for-one basis.
7. 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 Gallup Patricia 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 insider transaction did Patricia Gallup report for CNXN on 09/01/2025?

The report discloses the vesting and acquisition of 500 restricted stock units that converted one-for-one into common stock on 09/01/2025.

How many shares does Patricia Gallup directly own after the reported transaction?

Following the transaction, Ms. Gallup directly beneficially owns 4,450,845 shares.

Does Patricia Gallup have indirect holdings in CNXN?

Yes. The Form 4 lists indirect holdings of 162,093 shares via an estate, 15,133 via spouse, and trusts holding 6,879,962, 275,000, and 2,000,000 shares.

What was the original grant and vesting schedule for the restricted stock units?

The RSUs were granted on February 13, 2018, with vesting scheduled in ten annual installments of 500 units beginning September 1, 2018.

What role does Patricia Gallup hold at PC Connection Inc. (CNXN)?

The filing identifies Ms. Gallup as a Director, 10% Owner, and Chairman & Chief Admin Officer.
Pc Connection Inc

NASDAQ:CNXN

CNXN Rankings

CNXN Latest News

CNXN Latest SEC Filings

CNXN Stock Data

1.63B
11.15M
56.71%
42.91%
1.27%
Electronics & Computer Distribution
Retail-catalog & Mail-order Houses
Link
United States
MERRIMACK