4Filed Sep 1, 8:00 PM ET
PC Connection (CNXN) Director Barbara Duckett Converts RSUs
$CNXN · PC CONNECTION INCResearch Summary
AI-generated summary of this SEC filing
PC Connection (CNXN) Director Barbara Duckett Converts RSUs
What Happened
- Barbara Duckett, a director of PC Connection, converted 500 restricted stock units (RSUs) into 500 shares on September 1, 2026 (reported as an "acquired" derivative transaction at $0.00). The filing also shows a simultaneous disposition of 500 shares (also reported at $0.00, derivative code M).
- These are not cash purchases or open-market sales — they reflect the vesting/conversion of previously granted RSUs rather than a market buy or sale.
Key Details
- Transaction date: 2026-09-01; both the acquisition (conversion) and disposition reported under derivative transaction code M at $0.00 per share.
- Shares owned after transaction: not disclosed in the provided filing details.
- Footnotes: F1 — RSUs convert one-for-one into common stock. F2 — These RSUs were granted Feb 13, 2018 and vest in ten annual installments of 500 units beginning Sept 1, 2018 (this appears to be the scheduled 2026 installment).
- Filing timeliness: Report filed 2026-09-02 for a 2026-09-01 transaction (filed promptly).
Context
- This filing documents the scheduled conversion/vesting of RSUs rather than an open-market trade. The filing does not specify the reason for the reported disposition of 500 shares (e.g., tax withholding or transfer), nor does it show a sale on the open market. For retail investors, RSU vesting is generally routine compensation-related activity and not a direct signal of executive market sentiment.