Patricia Gallup, Chairman and Chief Administrative Officer of PC Connection, Inc., filed a statement of changes in beneficial ownership on August 19, 2026, reporting five sales of PC Connection common stock on August 17 and 18, 2026, executed through a pre-established Rule 10b5-1 trading plan.

Key Highlights

  • Five sale transactions: A total of 14,284 shares of PC Connection common stock were disposed of across two trading days, August 17 and 18, 2026.
  • Price range: Individual weighted average sale prices ranged from $78.16 to $80.21 per share across the five reported transactions, with underlying per-share prices spanning $77.60 to $80.68.
  • Trading plan: All sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the David Hall Trust 2003 on March 9, 2026.
  • Indirect ownership following sales: After the reported transactions, the David Hall Trust 2003 held 6,963,469 shares of common stock indirectly on behalf of Patricia Gallup.
  • Multiple trust structures: Gallup also holds beneficial ownership interests indirectly through several additional New Hampshire trusts, including the Abbott Brook Trust, North Branch Trust, Comack Trust-B, Abbott Brook Trust-B, and Abbott Brook Trust II.
  • Dual reporting persons: The filing was made jointly by Patricia Gallup and the David Hall Trust 2003, both listed as reporting persons.

Patricia Gallup's Share Sales at PC Connection Through Trust Structure

According to the filing, the sales were conducted by the David Hall Trust 2003, an irrevocable trust formed under the laws of the State of New Hampshire. Patricia Gallup serves as the sole trustee and is the sole beneficiary of the shares held by that trust. PC Connection, Inc. (NASDAQ:CNXN) is an information technology solutions provider headquartered in Merrimack, New Hampshire, where Gallup's address of record is also listed.

On August 17, 2026, three separate sale tranches were reported: 5,066 shares at a weighted average of $78.16, 1,358 shares at $79.61, and 718 shares at $80.21. On August 18, 2026, two additional tranches were recorded: 3,922 shares at $78.36 and 3,220 shares at $78.83. Each reported price represents a weighted average across multiple intraday transactions, and the filing states that full per-transaction detail is available upon request to the company, any security holder, or SEC staff.

Beyond the David Hall Trust 2003, the filing discloses that Gallup holds shares indirectly through five additional trust vehicles, each formed under New Hampshire law, with Gallup serving as sole trustee of each. These include grantor retained annuity trusts and an irrevocable trust. Additionally, 15,133 shares are held indirectly by Gallup's spouse, though the filing states Gallup disclaims beneficial ownership of those shares except to the extent of any pecuniary interest. Gallup also holds 533,258 shares directly.

What Was Disclosed

The filing reported five sales totaling 14,284 shares of PC Connection common stock on August 17 and 18, 2026, all executed through a Rule 10b5-1 plan adopted March 9, 2026, by the David Hall Trust 2003, with Patricia Gallup as sole trustee and sole beneficiary.