PC Connection CEO converts 10,000 RSUs to stock
PC Connection’s CEO reported RSU vesting into 10,000 common shares, with 3,935 shares used to cover exercise price or tax obligations and 5,000 RSUs remaining to vest in 2027.
Sentiment and the balance of points
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Rhea-AI Filing Summary
For PC CONNECTION INC (CNXN), President & CEO Timothy J. McGrath reported the vesting and conversion of 10,000 Restricted Stock Units into common stock on September 1, 2026 under a 2016 stock incentive grant. In connection with this, 3,935 common shares were delivered or withheld to cover payment of exercise price or tax liability. After this vesting, 5,000 restricted stock units remain scheduled to vest on September 1, 2027. No Rule 10b5-1 trading plan is reported.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F2 | 10,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 10,000 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 3,935 | $80.07 | $315K |
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 March 1, 2016; 10,000 of the shares vested on September 1, 2026, and the remaining shares are scheduled to vest as follows: 5,000 shares on September 1, 2027.
Key Figures
Key Terms
Restricted Stock Units financial
Payment of exercise price or tax liability financial
Amended and Restated 2007 Stock Incentive Plan financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity transaction did CNXN’s CEO report on September 1, 2026?
How many RSUs does the CNXN CEO still have scheduled to vest?
What was the original grant date of the RSUs reported by CNXN’s CEO?
Were the CNXN CEO’s transactions made under a Rule 10b5-1 trading plan?
What is the conversion ratio of the CNXN Restricted Stock Units reported?
AI-generated analysis. How Rhea-AI works. Not financial advice.