Inside Move: PC Connection's CEO McGrath Sells Shares Worth $4.3 Million
The stock has surged in 2026, but even with McGrath's sale, he still retains 240,343 shares.
Overview
Timothy J. McGrath, President & CEO of PC Connection(NASDAQ:CNXN), sold 50,000 shares of common stock at $85.88 per share in transactions completed on Aug. 3 and Aug. 4, 2026. SEC Form 4 filing
Transaction value based on SEC Form 4 weighted average sale price ($85.88); post-transaction value based on Aug. 04, 2026, market close ($86.79).
Details
PC Connection is as a leading technology distributor with nearly $3 billion in TTM revenue and a market capitalization of more than $2 billion, positioning it as a significant player in the IT distribution sector. The company's diversified business model across commercial, enterprise, and public sector segments provides revenue stability and exposure to multiple end-market verticals.
Source
Originally published at www.fool.com.