BEFFA NEGRINI DAVID 4

What Happened
David Beffa Negrini, a director of PC Connection, Inc. (CNXN), had 625 restricted stock units (RSUs) vest and converted (exercise/conversion, code M) into 625 shares of common stock on February 10, 2026. The conversion shows an acquisition of 625 shares at $0.00 (no cash paid) and a corresponding disposition of the derivative (the RSU) for $0.00 — i.e., the RSUs settled into shares rather than a cash transaction.

Key Details

• Transaction date: February 10, 2026; Form 4 filed February 11, 2026 (timely filing).
• Transaction type/code: Exercise/conversion of derivative (M) — RSU vesting and settlement into shares.
• Shares acquired: 625 common shares at $0.00 per share (value shown $0).
• Derivative disposition: 625 RSU units were converted/terminated (reported as disposed at $0.00).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes: F1 — each RSU equals the right to one share; F2 — the RSUs were granted under the 2020 Stock Incentive Plan on Feb 10, 2025; 625 vested 2/10/2026, remaining 625 share tranches vest annually on 2/10/2027, 2028, and 2029.
• Filing timeliness: Reported promptly (no late filing noted).

Context
This was a routine settlement of RSUs as part of equity compensation, not an open-market purchase or sale. Because no shares were sold and no cash was exchanged in the conversion, this transaction reflects compensation delivery (vesting) rather than a directional bet on the stock. For retail investors, RSU vesting is common executive/director pay and typically not a standalone signal of company outlook.