Form 4: PC Connection Inc. Director Patricia Gallup Reports Stock Transactions

Director Patricia Gallup reports acquisition of common stock through restricted stock unit vesting and disclaims beneficial ownership of shares held by estate and trusts.

Summary

• On December 17, 2024, Patricia Gallup, Director, 10% Owner, and Chairman & Chief Admin Officer of PC Connection Inc. (CNXN), reported transactions involving the company's common stock.
• Gallup acquired 1,250 shares of common stock through the vesting of restricted stock units at a price of $0.00.
• Following the transaction, Gallup directly owns 4,445,345 shares of common stock.
• Gallup also indirectly owns shares through various entities: 162,093 by Estate, 15,133 by Spouse, 2,000,000 by Abbott Brook Trust, 6,879,962 by David Hall Trust 2003, and 275,000 by North Branch Trust.
• Gallup disclaims beneficial ownership of these indirectly held securities except to the extent of her pecuniary interest.

Sentiment

Score: 6

Explanation: The sentiment is neutral as the document simply reports a routine transaction. There are no indications of positive or negative performance, just standard regulatory reporting.

Positives

• The vesting of restricted stock units indicates a continued alignment of the director's interests with those of the shareholders.

Future Outlook

The remaining 1,250 restricted stock units are scheduled to vest on December 17, 2025.

Industry Context

This filing is a routine disclosure related to insider transactions and is a standard practice for publicly traded companies. It provides transparency to investors regarding the actions of company insiders.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider activity.

Key Dates