Early Access — free while we kick the tires
EdgarHawk

CNXN PC CONNECTION INC Insider Trading

Latest: Chair Sold $1.0M of Shares · Jun 2026

PC CONNECTION INC (CNXN)'s reported leadership includes CEO Timothy J. McGrath. Its Form 4 history breaks down as 0 buys and 6 sells, filed by 2 distinct insiders through Jul 2026. Its highest-significance filing in the last 90 days: Chair Patricia Gallup sold $1.0M, transaction dated Jun 2026.

6 filings analyzed · Latest 2026-07-24

Get alerts for CNXN

Free Form 4 email alerts, scored for significance — see how.

Buys
0
Sells
6
Insiders
2
Direction
Net selling

PC CONNECTION INC leadership

CEO
Timothy J. McGrath — Chief Executive Officer
CFO
Thomas C. Baker — Chief Financial Officer
Chair
Patricia Gallup — Chair of the Board

Historically, stocks have lagged the S&P 500 by a median ~3% over the 90 days after a low insider sell (n ≈ 1,162, 2024-2026). Past results don't predict the future. How we measure this ↗

July 2026
2026-07-24 10b5-1 Plan
low
Chairman & Chief Admin Officer
14,284 shares
$1,147,122
@ $80.31
Significance 3

Patricia Gallup sells 14,284 shares at $80.31 avg (5 txns, $1.1M total) under pre-arranged 10b5-1 plan adopted 2026-03-09.

Patricia Gallup, Chairman & Chief Admin Officer of PC CONNECTION INC, executed 5 separate sales totaling 14,284 shares for $1,147,121.76 across two trading days (2026-07-22 and 2026-07-23) at a blended average price of $80.31. This transaction is part of a pre-arranged 10b5-1 trading plan adopted on 2026-03-09, meaning it was scheduled in advance and does not reflect current discretionary decision-making. Post-transaction holdings of 6,984,895 shares represent a net change of -0.2% from pre-transaction levels, indicating a minor adjustment to her position rather than a material reduction. The stock currently trades at $81.23, near its 52-week high of $82.38, and has gained 15.3% over the past 30 days and 26.2% over 90 days, continuing an upward trajectory from the scheduled transaction execution.

2026-07-08 10b5-1 Plan
low
Chairman & Chief Admin Officer
14,284 shares
$1,049,626
@ $73.48
Significance 3

Patricia Gallup sold 14,284 shares for $1,049,626.27 under pre-arranged 10b5-1 plan; retains 6,999,179 shares.

Patricia Gallup, Chairman & Chief Admin Officer, executed three separate sales on 2026-07-06 and 2026-07-07 totaling 14,284 shares for $1,049,626.27 at an average price of $73.48 per share. The transaction is part of a pre-arranged 10b5-1 trading plan adopted on 2026-03-09, making it scheduled rather than discretionary. Gallup retains 6,999,179 shares post-transaction, representing a -0.2% reduction from her pre-transaction holdings of 7,013,463 shares. Her prior same-ticker sales at CNXN show mixed near-term outcomes (30-day returns of +3.2% and +4.0% on earlier June trades), though these represent limited forward visibility; the current stock price of $74.90 sits -0.5% from its 52-week high and has gained 19.5% over 90 days.

June 2026
2026-06-10 10b5-1 Plan
medium
Chairman & Chief Admin Officer
14,308 shares
$1,030,200
@ $72.00
Significance 4

Patricia Gallup sells 14,308 shares for $1,030,199.76 via pre-arranged 10b5-1 plan

Patricia Gallup, Chairman & Chief Admin Officer of PC CONNECTION INC, executed 4 separate sales totaling 14,308 shares for $1,030,199.76 across two trading days (June 8–9, 2026) at an average price of $72.00 per share. The transaction is part of a pre-arranged 10b5-1 trading plan adopted on 2026-03-09, meaning this sale was scheduled and not a discretionary decision. Her post-transaction holdings of 7,027,747 shares represent a -0.2% net change, indicating a small reduction from her substantial position. The current stock price of $74.11 is near the 52-week high of $74.14, and the stock has advanced 11.4% over the prior 30 days and 22.7% over the prior 90 days, placing the sale below current levels.

June 2025
2025-06-02
medium
President & CEO
10,930 shares
$711,980
@ $65.14
Significance 5

CEO McGrath sold 10,930 shares of CNXN at $65.14 on 2025-05-30 (total $712.0K). Stock now down to $64.43, -15.8% from 52-week high.

McGrath reduced his position by 4.2% through a sale at $65.14, bringing holdings from 260,387 to 249,457 shares. The timing is notable: his prior three sales at this ticker were all well-timed at the 90-day mark (all posted negative 90d returns), and the current price of $64.43 is -15.8% below the 52-week high of $76.54, suggesting the stock has weakened since the May 30 transaction date. His cross-ticker track record shows a 33.33% well-timed rate on 14 prior sells with an average 90d return of +7.7%, indicating his prior sales have not typically preceded declines. The company carries a P/E of 18.73 with annual revenue growth of -1.7%, and the stock has declined 5.4% in the 30 days following this transaction, consistent with his same-ticker pattern at this company but not his broader track record profile. The clustering of three sales within two trading days (May 28, 27, and 30) warrants attention to whether broader business visibility or timing constraints were at play.

May 2025
2025-05-29
high
President & CEO
32,005 shares
$2,139,294
@ $66.84
Significance 6

CEO Timothy McGrath sold 32,005 shares ($2.1M) at $66.80–$67.05; down 10.9% of holdings post-sale.

Timothy McGrath, President & CEO of PC Connection, executed 2 separate sales totaling 32,005 shares for $2,139,294.00 over two consecutive trading days (May 27–28, 2025) at prices of $66.80 and $67.05. This represents a -10.9% reduction in his holdings to 260,387 shares, a material decrease for the company's top executive. At the time of sale, the blended price of $66.84 was above the current market price of $65.53, though below the 52-week high of $76.54; the stock has declined 14.4% from its peak. Notably, McGrath's prior trades at this ticker show a 4-of-5 pattern of being well-timed at the 90-day mark, though recent near-term performance has been mixed—his last 4 same-ticker sales in August 2024 and prior produced negative 90-day returns, indicating the pattern may have shifted. The company's fundamentals remain modest with -1.7% annual revenue growth and a P/E of 19.05, providing limited near-term tailwind; the significance lies in the scale of the CEO's liquidation and the historical timing pattern at this specific ticker that may no longer be holding.

August 2024
2024-08-08
high
President & CEO
30,000 shares
$2,097,258
@ $69.91
Significance 6

CNXN CEO McGrath sold 30,000 shares for $2.1M (Aug 6–7) at $69.91 average; stock down 8.8% revenue YoY.

TIMOTHY J MCGRATH, President & CEO, executed 4 separate sales totaling 30,000 shares for $2,097,257.58 across August 6–7, 2024, reducing his holdings from 293,068 to 263,068 shares (a 10.2% reduction). The sales occurred near the stock's 52-week high (current price $69.37 vs 52-week high $75.07), with a blended average price of $69.91. Prior sales at CNXN have shown mixed timing: 0 of 5 prior sells resulted in negative subsequent 90-day returns, and the insider's cross-ticker open-market history shows a 90d well-timed rate of 0.00%, indicating sells have generally preceded stock appreciation rather than declines. Against this backdrop of poor sell-timing history, the company is facing fundamental headwinds: annual revenue growth of -8.8%, with Q revenues at $736.5M and a trailing P/E of 20.58. The sale size and timing warrant investor monitoring given the CEO's historical record of selling ahead of gains and the deteriorating top-line growth trajectory.

More Wholesale Trade - Durable Goods companies