GALLUP PATRICIA 4

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.