PC Connection (CNXN) CFO Thomas C. Baker Sells 20,000 Shares

What Happened

• Thomas C. Baker, Senior Vice President, Chief Financial Officer and Treasurer of PC Connection, sold a total of 20,000 shares in open-market transactions on July 31, 2026. The sales were reported as two groups: 19,394 shares at a weighted average price of $83.17 (proceeds $1,612,999) and 606 shares at a weighted average price of $83.89 (proceeds $50,837). Total reported proceeds were approximately $1,663,836. This was a sale (not a purchase), which is often routine insider selling rather than a bullish buying signal.

Key Details

• Transaction date: July 31, 2026; Form filed August 3, 2026 (filed within the normal two-business-day window).
• Prices and ranges:
  • 19,394 shares — weighted avg $83.17; per-trade prices ranged $82.77 to $83.63 (footnote F1).
  • 606 shares — weighted avg $83.89; per-trade prices ranged $83.79 to $84.05 (footnote F2).
• Shares owned after the transaction: not specified in the information provided here — see the full Form 4 for post-transaction beneficial ownership.
• Footnotes: Both reported prices are weighted averages; the filer offers to provide a breakdown of the number of shares sold at each price within the stated ranges upon request.
• No 10b5-1 plan, tax withholding, gift, or option-exercise coding was indicated in the summary provided.

Context

• This was an open-market sale by a company executive. Sales by insiders can be for many personal reasons and are not direct evidence of company performance. Purchases generally carry more weight as a positive signal; this report documents routine insider selling. For precise post-sale holdings and any additional context, consult the full Form 4 filing (Accession No. 0001293295-26-000003).