GALLUP PATRICIA 4
4 · PC CONNECTION INC · Filed Feb 11, 2026
Research Summary
AI-generated summary of this filing
PC Connection (CNXN) 10% Owner Patricia Gallup Converts 5,000 RSUs
What Happened
Patricia Gallup (reported as a 10% owner) had 5,000 restricted stock units (RSUs) vest and were converted into 5,000 shares of PC Connection, Inc. (CNXN) on February 10, 2026. The filing records an acquisition of 5,000 shares at $0.00 (conversion of derivative) and a related derivative disposition of 5,000 units at $0.00. No cash changed hands in these transactions (typical for RSU vesting/conversion).
Key Details
- Transaction date: February 10, 2026; Form 4 filed February 11, 2026 (appears timely).
- Reported transaction codes: M (exercise/conversion of derivative). Price: $0.00 per share; total reported value $0.
- Shares owned after the transaction: not specified in the provided summary.
- Footnotes of note:
- F1: Each RSU converts into one share upon vesting.
- F8: RSUs were granted 02/10/2025 under the 2020 Stock Incentive Plan; 5,000 vested on 02/10/2026, with remaining RSUs vesting annually (5,000 each year through 2029).
- F2–F7: The filer disclaims beneficial ownership beyond any pecuniary interest and lists multiple trusts (David Hall Trust 2003, North Branch Trust, Abbott Brook Trust, Comack Trust-B, Abbott Brook Trust-B) in which she serves as trustee or beneficiary; some shares are held directly by those trusts.
Context
- These entries reflect RSU vesting and conversion (derivative exercise/conversion) rather than an open-market buy or cash sale. RSU conversions commonly show $0 exercise price because they are compensatory awards converting to shares when vested.
- As a reported 10% owner with multiple trust holdings, these filings reflect ownership structure and compensation-related vesting rather than discretionary market trading.
Insider Transaction Report
Form 4
GALLUP PATRICIA
DirectorChairman & Chief Admin Officer10% Owner
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-02-10+5,000→ 2,528,258 total - Exercise/Conversion
Restricted Stock Units
[F1][F8]2026-02-10−5,000→ 15,000 total→ Common Stock (5,000 underlying)
Holdings
- 15,133(indirect: By Spouse)
Common Stock
[F2] - 7,042,055(indirect: By Trust)
Common Stock
[F3] - 275,000(indirect: By Trust)
Common Stock
[F4] - 906,837(indirect: By Trust)
Common Stock
[F5] - 1,000,000(indirect: By Trust)
Common Stock
[F6] - 2,000,000(indirect: By Trust)
Common Stock
[F7]
Footnotes (8)
- [F1]Each restricted stock unit represents a contingent right to receive one share of common stock.
- [F2]The reporting person disclaims beneficial ownership of these securities, except to the extent of such person's pecuniary interest therein. This report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
- [F3]These shares are held directly by the David Hall Trust 2003, an irrevocable trust formed under the laws of the State of New Hampshire. Ms. Gallup serves as the sole trustee and is the sole beneficiary of the shares held by the David Hall Trust 2003.
- [F4]These shares are held directly by the North Branch Trust, an irrevocable trust formed under the laws of the State of New Hampshire. Ms. Gallup serves as the sole trustee of the North Branch Trust.
- [F5]These shares are held directly by the Abbott Brook Trust, a grantor retained annuity trust formed under the laws of the State of New Hampshire. The reporting person is the sole trustee of the Abbott Brook Trust.
- [F6]These shares are held directly by the Comack Trust-B, a grantor retained annuity trust formed under the laws of the State of New Hampshire. The reporting person is the sole trustee of the Comack Trust-B.
- [F7]These shares are held directly by the Abbott Brook Trust-B, a grantor retained annuity trust formed under the laws of the State of New Hampshire. The reporting person is the sole trustee of the Abbott Brook Trust-B.
- [F8]The restricted stock units were granted under the PC Connection, Inc. 2020 Stock Incentive Plan on February 10, 2025. 5,000 shares vested on February 10, 2026, and the remaining shares are scheduled to vest as follows; 5,000 shares annually on February 10, 2027 through February 10, 2029.
Signature
/s/Timothy J. McGrath, attorney-in-fact for Gallup Patricia|2026-02-11