Duckett Barbara 4
Research Summary
AI-generated summary
PC Connection (CNXN) Director Barbara Duckett Receives 625 Shares
What Happened
- Barbara Duckett, a director of PC Connection, had 625 restricted stock units (RSUs) vest and convert into 625 shares of common stock on February 10, 2026. The Form 4 lists an acquisition of 625 shares at $0.00 and a matching derivative disposition of 625 shares at $0.00 (both reported as code M — exercise/conversion of a derivative). No open-market sale or cash proceeds are reported.
Key Details
- Transaction date: 2026-02-10; Form 4 filed: 2026-02-11 (filed the next day).
- Price reported: $0.00 for both the acquired and derivative-disposed shares; total cash value shown: $0.
- Shares owned after transaction: not specified in the provided filing.
- Footnotes: F1 — each RSU converts to one share; F2 — these RSUs were granted under the 2020 Stock Incentive Plan on Feb 10, 2025; 625 shares vested on Feb 10, 2026, with remaining 625-share tranches vesting annually through Feb 10, 2029.
- Timeliness: filing appears timely (filed the day after the vesting date).
Context
- This transaction reflects RSU vesting and conversion to common stock rather than an open-market purchase or sale. Such vesting events are routine compensation-related transactions and do not, by themselves, indicate buy/sell decisions by the insider.