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PC Connection Chairman Patricia Gallup Sells 14,284 Shares

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Key Points

  • Gallup sold 14,284 shares for a total transaction value of around $1.1 million.

  • The disposal involved shares equal to 0.1% of the total equity stake held before the filing.

  • Shares were sold indirectly by the David Hall Trust 2003, with Gallup maintaining additional indirect holdings through the Comack Trust-B, Abbott Brook Trust-B, Abbott Brook Trust II, Abbott Brook Trust, and North Branch Trust.

  • 10 stocks we like better than PC Connection ›

Patricia Gallup, Chairman & Chief Admin Officer of PC Connection(NASDAQ:CNXN), executed a sale of 14,284 shares of common stock on Sept. 1 and 2, 2026, for a total value of approximately $1.1 million, as disclosed in a recent SEC Form 4 filing.

Transaction summary

MetricValueTransaction value$1.1 millionShares sold (indirectly held)14,284Post-transaction shares (directly held)534,000Post-transaction shares (indirectly held)13.1 millionPost-transaction value$1.11 billion

Transaction value based on SEC Form 4 weighted average sale price ($79.77); post-transaction value based on Sept. 2, 2026, market close ($80.97).

Key questions

  • What specific trading parameters governed this transaction?The disposal was executed under a Rule 10b5-1 trading plan adopted by the David Hall Trust 2003 on March 9, 2026. This allows insiders to establish a predetermined schedule for stock sales to ensure compliance with regulatory standards regarding non-public information.
  • What is the extent of Gallup’s remaining equity in the company?Following this transaction, Gallup retains a significant position consisting of approximately 534,000 directly held shares and approximately 13.1 million shares held indirectly through a network of trusts. The total position represents a majority stake within the firm’s 54% total insider ownership.
  • What is the current scale of the company’s market capitalization relative to its revenue?As of the Sept. 2, 2026, market close, PC Connection had a market capitalization of $2 billion. The company reported trailing-twelve-month revenue of $3.0 billion and net income of $95.8 million, operating across its Business, Enterprise, and Public Sector Solutions divisions.

Company Overview

MetricValueShare Price (as of market close 2026-09-02)$80.97Market Capitalization$2 billionRevenue (TTM)$3 billionNet Income (TTM)$95.8 million

Company Snapshot

  • PC Connection distributes a comprehensive portfolio of information technology solutions, including computer systems, peripheral devices, data center infrastructure, software applications, and networking and communication equipment, across three primary business divisions: Business Solutions, Enterprise Solutions, and Public Sector Solutions.
  • The company operates as a technology distributor and solutions provider, generating revenue through the sale and distribution of IT hardware, software, and services to commercial enterprises, government agencies, and public sector organizations.
  • PC Connection serves a diversified customer base spanning mid-market and enterprise businesses, government entities, and public sector organizations seeking integrated IT solutions and distribution services.

PC Connection is a $3 billion revenue technology distributor, operating through a diversified three-segment structure that serves commercial, enterprise, and public sector markets. The company maintains a significant operational footprint, with 2,525 employees, and has demonstrated strong financial performance, with TTM net income of $95.8 million and a profit margin of approximately 3.2%. As a specialized IT distributor, PC Connection leverages its multi-channel distribution capabilities and comprehensive product portfolio to maintain competitive positioning in the fragmented technology distribution sector.

What this transaction means for investors

Between Sept. 1 and Sept. 2, Gallup sold a total of over 14,000 shares in a transaction valued at approximately $1.1 million. Initially, that sounds like a large number of shares and a large dollar amount. Given some of the finer details surrounding the transaction, however, this doesn’t appear like it should ring any alarm bells for shareholders. To start, this sale was part of a planned transaction from March 2026. That means the insider did not sell shares through a spur-of-the-moment decision. Also, even though a large number of shares were sold, Gallup still maintains over 530,000 shares directly, as well as 13.1 million held indirectly. That shows deep and sustained alignment with PC Connection’s success. Finally, even if this sale weren’t conducted under a previously established trading plan, it wouldn’t raise any issues for an insider to sell shares, given the stock’s strong performance. Over the past 12 months, the PC Connection stock price has climbed 42.6%.

In comparison, over the same period, the S&P 500 has climbed 15.7%. Given that type of outperformance by the PC Connection stock price, it would be natural for an insider to consider taking some gains off the table. Putting all that together, this looks just like a routine sale.

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Jack Delaney has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends PC Connection. The Motley Fool has a disclosure policy.

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