PC Connection (CNXN) director gains 625 shares from RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PC Connection, Inc. director Jack L. Ferguson acquired 625 shares of common stock on March 14, 2026 through the vesting and exercise of restricted stock units granted in 2024. These shares were received at no cash exercise price as part of equity compensation.
The restricted stock units were granted under the PC Connection, Inc. 2020 Stock Incentive Plan on March 14, 2024. After this vesting event, Ferguson directly owns 68,055 common shares and still holds 1,250 restricted stock units scheduled to vest in 625-share installments on March 14, 2027 and March 14, 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
625 shares exercised/converted
Mixed
2 txns
Insider
Ferguson Jack L
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 625 | $0.00 | -- |
| Exercise | Common Stock | 625 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 1,250 shares (Direct);
Common Stock — 68,055 shares (Direct)
Footnotes (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. 625 shares vested on March 14, 2026, and the remaining shares are scheduled to vest as follows; 625 shares annually on March 14, 2027 through March 14, 2028.
FAQ
What insider transaction did CNXN director Jack L. Ferguson report?
Director Jack L. Ferguson reported acquiring 625 PC Connection common shares through the vesting and exercise of restricted stock units. The transaction occurred on March 14, 2026 and carried a zero dollar exercise price as it was part of equity compensation.
What are the terms of Jack L. Ferguson’s restricted stock units at PC Connection?
Ferguson’s restricted stock units were granted on March 14, 2024 under the 2020 Stock Incentive Plan. Each unit converts into one common share. 625 units vested on March 14, 2026, with 625 units scheduled to vest annually on March 14, 2027 and March 14, 2028.
How many restricted stock units does Jack L. Ferguson still hold at PC Connection?
Following the March 14, 2026 vesting, Ferguson has 1,250 restricted stock units outstanding. These remaining units are scheduled to vest in two equal installments of 625 units each on March 14, 2027 and March 14, 2028, subject to plan terms.