PC CONNECTION INC·4

Mar 16, 4:09 PM ET

Kinyon Gary 4

4 · PC CONNECTION INC · Filed Mar 16, 2026

Research Summary

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PC Connection (CNXN) Director Gary Kinyon Converts 625 RSUs to Shares

What Happened
Gary Kinyon, a director of PC Connection, had 625 restricted stock units (RSUs) vest on March 14, 2026 and those RSUs were converted/exercised into 625 shares of common stock (reported at $0.00). The filing also records a simultaneous disposition of 625 shares (also at $0.00). These were not open-market purchases or sales for cash; they reflect conversion/settlement of equity awards.

Key Details

  • Transaction date: March 14, 2026 (reported on Form 4 filed March 16, 2026).
  • Reported prices: $0.00 per share for both the acquisition (conversion) and the disposition.
  • Shares involved: 625 shares acquired via conversion; 625 shares listed as disposed (both as derivative transactions, code M).
  • Shares owned after transaction: not disclosed in this filing.
  • Footnotes: F1 clarifies each RSU equals a contingent right to one common share. F2 states these RSUs were granted under the 2020 Stock Incentive Plan on March 14, 2024; 625 vested on March 14, 2026 and remaining RSUs vest 625 shares annually on March 14, 2027 and March 14, 2028.
  • Timeliness: Filing appears timely (transaction 3/14/2026; Form 4 filed 3/16/2026).

Context
RSU conversions typically issue shares without a cash purchase price (hence $0.00). The filing records both the conversion and a matching disposition of the same number of shares; filings sometimes show dispositions when shares are withheld or surrendered to satisfy taxes or other obligations, but this Form 4 does not specify the reason for the disposition. This is an administrative equity award vesting event rather than an open-market buy or sale that would signal a trading opinion.

Insider Transaction Report

Form 4
Period: 2026-03-14
Kinyon Gary
Director
Transactions
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-03-14+6256,875 total
  • Exercise/Conversion

    Restricted Stock Units

    [F1][F2]
    2026-03-146251,250 total
    Common Stock (625 underlying)
Footnotes (2)
  • [F1]Each restricted stock unit represents a contingent right to receive one share of common stock.
  • [F2]The restricted stock units were granted under the PC Connection, Inc. 2020 Stock Incentive Plan on March 14, 2024. 625 shares vested on March 14, 2026, and the remaining shares are scheduled to vest as follows; 625 shares annually on March 14, 2027 through March 14, 2028.
Signature
/s/Timothy J. McGrath, attorney-in-fact for Gary J. Kinyon|2026-03-16

Documents

1 file
  • 4
    primarydocument.xmlPrimary

    PRIMARY DOCUMENT