Duckett Barbara 4
4 · PC CONNECTION INC · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
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) convert into 625 shares on March 14, 2026 (reported on a Form 4 filed March 16, 2026). The filing shows an acquisition (conversion) of 625 shares at $0.00 and a simultaneous disposition of 625 shares at $0.00. The transactions are reported under derivative code M (exercise or conversion).
Key Details
- Transaction date: March 14, 2026; Form 4 filed March 16, 2026 (timely within the usual two-business-day window).
- Reported price: $0.00 for both the acquisition and the disposition; reported value $0.
- Shares owned after transaction: not specified in this filing.
- Footnotes: F1 — each RSU represents a contingent right to one share; F2 — RSUs were granted 3/14/2024, 625 shares vested 3/14/2026; remaining 625 shares vest annually on 3/14/2027 and 3/14/2028.
- Paired entries: the filing records both an acquisition and an immediate disposition of the same 625 shares; the form does not state the reason for the disposition.
Context
This was a conversion/settlement of RSUs (derivative conversion). Filings that show a simultaneous conversion and disposition of vested RSUs commonly reflect shares withheld or surrendered to cover taxes or broker settlement, but the Form 4 here does not specify that treatment. There is no indication of an open-market buy or sell by the director in this filing.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-03-14+625→ 18,252 total - Exercise/Conversion
Restricted Stock Units
[F1][F2]2026-03-14−625→ 1,250 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.