MCGRATH TIMOTHY J 4

What Happened

• Timothy J. McGrath, President & CEO of PC Connection, had 10,000 restricted stock units (RSUs) convert into common stock on Feb 10, 2026. To cover tax withholding, 2,470 of those shares were withheld/disposed at $65.23 per share for a total of $161,118. The conversion price is reported as $0 because these were restricted stock units, not option exercises for cash.

Key Details

• Transaction date: February 10, 2026; filing date: February 11, 2026 (timely).
• Conversion: 10,000 RSUs converted to common stock (reported as M, exercise/conversion of derivative) at $0.00.
• Tax withholding/disposition: 2,470 shares withheld/disposed at $65.23 each, total $161,118 (coded F).
• Net result from this event: +7,530 shares delivered to McGrath after withholding (10,000 vested − 2,470 withheld).
• Footnotes: F1 = each RSU = right to one share. F2 = RSUs granted under the 2020 Stock Incentive Plan on Feb 10, 2025; 10,000 vested on Feb 10, 2026, with remaining grants vesting 10,000 shares annually on Feb 10 of 2027–2029.

Context

• This was a routine vesting/settlement of RSUs with company withholding to cover tax obligations (similar to a cashless settlement), not an open-market purchase or directional sale by the insider. Such withholding is common and does not by itself indicate a change in the insider’s market view.