Form 4: PC Connection Inc. CEO Timothy McGrath Sells Shares
SEC Form 4 Filing
Timothy McGrath, President & CEO of PC Connection Inc., sold 7,065 shares of common stock on May 20, 2025, at an average price of $68.94 per share.
Summary
- On May 20, 2025, Timothy J. McGrath, the President & CEO of PC Connection Inc. (CNXN), sold 7,065 shares of the company's common stock.
- The sale was executed at a weighted average price of $68.94 per share, with individual transactions ranging from $68.90 to $68.98.
- Following the transaction, McGrath directly owns 292,392 shares of PC Connection Inc.
- The transaction was reported on a Form 4 filing with the Securities and Exchange Commission.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a stock sale by an executive. It's a neutral event in itself, with the sentiment depending on the investor's interpretation of the sale.
Industry Context
Executive stock sales are a common occurrence and are often scrutinized by investors for insights into a company's prospects. It's important to consider the context of the sale, such as the executive's overall holdings and any stated reasons for the transaction.
Stakeholder Impact
- The stock sale could have a minor impact on shareholders, depending on their interpretation of the executive's actions.
- The sale does not appear to have a direct impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 05/20/2025 | Date of stock sale transaction |
| 05/22/2025 | Date of Form 4 filing |
Keywords
PC Connection Inc, CNXN, Timothy McGrath, stock sale, Form 4, executive, CEO, insider trading
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