PC CONNECTION INC 4

What Happened

• Patricia Gallup, a reported 10% owner of PC Connection, Inc. (CNXN), sold a total of 14,308 shares in open-market transactions on June 8–9, 2026, generating roughly $1.03 million in proceeds. The individual trades reported: 6,379 shares at $72.05 ($459,607), 545 shares at $72.61 ($39,572), 3,692 shares at $71.63 ($264,458) and 3,692 shares at $72.20 ($266,562). These were sales (not purchases), which are often routine and do not by themselves indicate management sentiment.

Key Details

• Transaction dates & prices: June 8–9, 2026; prices in the filing range roughly from $71.03 to $72.78 (filing notes several weighted-average price ranges and says full per-price details are available on request).
• Total shares sold: 14,308; approximate proceeds: $1,030,199.
• Shares owned after transaction: not disclosed in the information provided in this summary.
• Notable footnotes:
  • Sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the David Hall Trust 2003 (footnote F1).
  • Portions of the reported shares are held in several trusts (e.g., David Hall Trust 2003, Comack Trust-B, Abbott Brook Trust/Trust-B, North Branch Trust); Ms. Gallup serves as sole trustee/beneficiary for several of these (footnotes F3, F8–F11).
  • The filing includes a disclaimer of beneficial ownership except to the extent of pecuniary interest (footnote F7).
• Filing timeliness: Report filed June 10, 2026 (no late-filing flag noted in the provided data).

Context

• These sales were executed under a pre-established 10b5-1 plan, which generally indicates the trades were preplanned and automatic rather than opportunistic reactions to recent company news. For retail investors, planned insider sales are common and less informative than insider purchases. No options were exercised and no awards or gifts were reported in this filing.