Ferguson Jack L 4

What Happened

• Jack L. Ferguson, a director of PC Connection, Inc. (CNXN), reported the conversion (exercise/conversion of a derivative, code M) of 625 restricted stock units (RSUs) into 625 shares on Feb 10, 2026. The filing shows those 625 shares were “acquired” at $0.00 and a matching line shows 625 shares “disposed” at $0.00. No cash value is reported for these entries.

Key Details

• Transaction date: February 10, 2026; reported on Form 4 filed Feb 11, 2026 (timely filing).
• Price: $0.00 per share for both the acquisition and disposal entries (conversion of RSUs).
• Shares owned after transaction: Not specified in the provided filing details.
• Footnotes: F1 — each RSU represents a contingent right to one share; F2 — the RSUs were granted under the 2020 Stock Incentive Plan on Feb 10, 2025; 625 shares vested on Feb 10, 2026, with remaining tranches of 625 shares vesting annually Feb 10, 2027–2029.
• Transaction code M indicates exercise/conversion of a derivative security (here, RSU conversion).

Context

• This filing reflects RSU vesting and conversion rather than an open-market purchase or a typical sale. The filing lists both an acquisition and a disposal of the same number of shares on the same date; the document does not specify the reason for the disposal (for example, net-share settlement, tax withholding, or an immediate sale). As with most RSU conversions, this is a routine equity compensation event for an insider rather than a directional market bet.