Form 4: Barbara Duckett Reports Stock Unit Vesting in PC Connection Inc (CNXN)
SEC Form 4
Director Barbara Duckett reports the vesting of 500 restricted stock units into common stock of PC Connection Inc on September 1, 2024.
Summary
- Barbara Duckett, a director of PC Connection Inc (CNXN), reported a transaction on September 1, 2024.
- 500 restricted stock units vested into common stock at a price of $0.00.
- Following the transaction, Ms. Duckett directly owns 13,377 shares of common stock and 1,500 restricted stock units.
- The restricted stock units were granted on February 13, 2018, and vest in ten annual installments of 500 units each, starting September 1, 2018.
Sentiment
Score: 5
Explanation: This is a neutral report on stock unit vesting, a routine part of executive compensation.
Industry Context
This is a routine disclosure related to executive compensation and is typical for publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| February 13, 2018 | Date the restricted stock units were granted. |
| September 1, 2018 | Commencement date of the annual vesting installments. |
| September 1, 2024 | Date of the reported transaction where 500 restricted stock units vested. |
| September 3, 2024 | Date of the signature on the Form 4 filing. |
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