PC CONNECTION INC·4

Jul 1, 4:10 PM ET

Bothwick Jay E 4

Research Summary

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PC Connection (CNXN) Director Jay Bothwick Receives 1,250 Shares

What Happened

  • Jay E. Bothwick, a director of PC Connection, received 1,250 shares when restricted stock units (RSUs) vested on June 30, 2026. The RSUs converted one-for-one into common stock (reported as an exercise/conversion of a derivative, code M) at a reported price of $0.00 (no cash paid). The Form 4 was filed on July 1, 2026.

Key Details

  • Transaction date: 2026-06-30; Form 4 filed: 2026-07-01 (appears timely).
  • Reported transaction type: Exercise/conversion of derivative (code M); 1,250 shares acquired at $0.00.
  • Shares owned after transaction: Not specified in this filing.
  • Footnotes: F1 — RSUs convert into common stock one-for-one. F2 — These RSUs were granted under the PC Connection, Inc. Amended and Restated 2020 Stock Incentive Plan on June 30, 2022; 1,250 shares vested on 6/30/2026.
  • No sale, 10b5-1 plan, or tax-withholding sale is reported here.

Context

  • This was a standard RSU vesting event (an award converting into stock), not an open-market purchase or sale. Such vesting is routine compensation for directors and does not by itself indicate buy/sell intent. The reported $0.00 exercise price reflects the conversion mechanics; market value would equal the stock price at vesting if you want a dollar equivalent.