PC Connection (CNXN) Director Jack Ferguson Converts 500 RSUs

What Happened
Jack L. Ferguson, a director of PC Connection Inc. (CNXN), reported the conversion/exercise of derivative awards on September 1, 2026. The filing shows 500 shares were acquired via conversion at $0.00 per share and 500 shares were disposed at $0.00 per share. No cash value or proceeds are reported in the filing; this appears to reflect the vesting/conversion of restricted stock units (RSUs) rather than a market purchase.

Key Details

• Transaction date: 2026-09-01 (Form 4 filed 2026-09-02; appears timely).
• Reported transactions: M (exercise/conversion of derivative) — 500 shares acquired @ $0.00; 500 shares disposed @ $0.00.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Footnotes: F1 — RSUs convert into common stock on a one-for-one basis. F2 — RSUs were granted Feb 13, 2018, vesting in ten annual installments of 500 units each beginning Sep 1, 2018.
• No sale proceeds or cash consideration are reported in this excerpt; the zero price is consistent with RSU conversion.

Context
This filing reflects a derivative conversion of RSUs into common shares (code M). Conversions of vested RSUs commonly report $0 exercise price because the units convert to stock rather than being bought; a simultaneous disposition may represent a sale, transfer or withholding action but the filing excerpt does not detail the nature (or proceeds) of the disposal. These routine vesting/conversion events are informational for investors but do not, by themselves, indicate the insider’s market view.