Form 4: ScanSource CEO Michael Baur Sells Shares in Multiple Transactions
SEC Form 4 Filing
Michael Baur, CEO and Chairman of the Board of ScanSource, Inc., recently sold a portion of his holdings in the company's common stock across several transactions.
Summary
- Michael L Baur, the CEO & Chairman of the Board of ScanSource, Inc. (SCSC), has sold shares of the company's common stock.
- On February 6, 2025, he sold 15,000 shares at an average price of $38.91.
- On February 7, 2025, he sold 15,930 shares at an average price of $38.17 and an additional 2,076 shares at an average price of $39.12.
- On February 10, 2025, he sold 1,994 shares at a price of $38.
- Following these transactions, Baur directly owns 142,760 shares of ScanSource common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, detailing stock sales by an insider. It doesn't inherently convey positive or negative sentiment, but the market may react based on their interpretation of the insider's actions.
Industry Context
Insider selling is a common occurrence, and the impact on the stock price can vary depending on the size of the sale, the reason for the sale, and the overall market conditions. It is important to note that insider selling does not necessarily indicate a negative outlook for the company.
Stakeholder Impact
- Shareholders may react to the news of the CEO selling shares, potentially impacting the stock price.
Key Dates
| Date | Description |
|---|---|
| 02/06/2025 | Michael Baur sold 15,000 shares of ScanSource common stock. |
| 02/07/2025 | Michael Baur sold 15,930 and 2,076 shares of ScanSource common stock. |
| 02/10/2025 | Michael Baur sold 1,994 shares of ScanSource common stock. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.