CNXN CEO: 5,000 RSUs vested; 1,968 shares withheld at $60.88
PC Connection (CNXN) President & CEO Timothy J. McGrath reported routine equity activity.
Rhea-AI Filing Summary
PC Connection (CNXN) President & CEO Timothy J. McGrath reported routine equity activity. On 10/29/2025, 5,000 restricted stock units converted into common stock (Code M) at $0.00. The company withheld 1,968 shares at $60.88 for taxes (Code F). McGrath now holds 261,586 shares directly. The RSUs were granted on 10/29/2019; remaining units are scheduled to vest on 10/29/2026, with an expiration of 10/29/2031.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,000 shares exercised/converted
Exercise
3 txns
Insider
MCGRATH TIMOTHY J
Role
President & CEO
| 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 | 1,968 | $60.88 | $120K |
Holdings After Transaction:
Restricted Stock Units — 5,000 contracts (Direct);
Common Stock — 261,586 shares (Direct)
Footnotes (2)
- F1. The restricted stock units convert into common stock on a one-for-one basis.
- F2. The restricted stock units were granted under the PC Connection, Inc. Amended and Restated 2007 Stock Incentive Plan on October 29, 2019; 5,000 of the shares vested on October 29, 2025, and the remaining shares are scheduled to vest on October 29, 2026. The restricted units have an expiration date of October 29, 2031.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did CNXN report on Form 4 for Timothy J. McGrath?
5,000 RSUs converted to common stock (Code M), and 1,968 shares were withheld at $60.88 for taxes (Code F).
When did the RSUs vest and convert for CNXN (CNXN)?
On 10/29/2025, 5,000 RSUs vested and converted into common stock.
What were the terms of the RSU grant for CNXN's CEO?
Granted on 10/29/2019; 5,000 vested on 10/29/2025, remaining scheduled to vest on 10/29/2026; expiration 10/29/2031.
What prices are disclosed in the CNXN Form 4 transactions?
RSU conversion at $0.00 and share withholding at $60.88.
What do the Form 4 transaction codes mean for CNXN?
Code M denotes conversion of derivative to equity; Code F denotes tax withholding by share surrender.
AI-generated analysis. How Rhea-AI works. Not financial advice.