PC Connection chairman & CAO Patricia Gallup sells $1.23m in shares

Patricia Gallup, Chairman and Chief Administrative Officer of PC Connection Inc., sold approximately $1.23 million worth of company shares on October 5 and 6, 2026. The transactions occurred as the stock price hovered near its 52-week high of $93.89, following a 56% increase over the past year. The shares sold were indirectly held by the David Hall Trust 2003, of which Gallup serves as sole trustee and beneficiary.

The sale was carried out according to a previously established Rule 10b5-1 trading plan. After the transactions, Gallup's reported beneficial ownership stood at 583,362 shares directly held. She also indirectly held a significant number of shares through various trusts, including the David Hall Trust 2003, the North Branch Trust, the Comack Trust-B, and several others, totaling over 9.2 million shares in total.

Additionally, her spouse indirectly holds 15,133 shares, though Gallup disclaims any beneficial interest in them except for her pecuniary interest. PC Connection reported exceptional Q2 2026 results, with diluted earnings per share of $1.31, exceeding analysts' expectations. Net sales surged by 12.4% to $854 million, driven by robust demand for infrastructure and service spending from enterprise clients transitioning from AI testing to wider deployment.

Operating income reached a record $43 million, reflecting the conversion of revenue growth into higher profits. Despite a cautious outlook for the upcoming quarter, management remains optimistic about continued growth.