Form 4: Scansource CFO Stephen Jones Reports Stock Transactions
Insider Transaction Report
Scansource's SEVP & CFO, Stephen Jones, reported the acquisition of 17,633 shares and the disposition of 1,521 shares for tax withholding purposes.
Summary
- Stephen Jones, SEVP & CFO of Scansource, Inc. (SCSC), reported changes in his beneficial ownership of common stock.
- On August 30, 2025, Mr. Jones disposed of 1,521 shares of common stock at a price of $43.65 per share.
- This disposition was a non-market transaction, reflecting shares withheld to satisfy tax withholding obligations upon the vesting of restricted stock units.
- Following this transaction, Mr. Jones beneficially owned 70,713 shares directly.
- On September 1, 2025, Mr. Jones acquired 17,633 shares of common stock at a price of $0.00 per share, likely due to restricted stock unit vesting.
- After this acquisition, Mr. Jones's direct beneficial ownership increased to 88,346 shares.
Sentiment
Score: 5
Explanation: The filing reports routine insider transactions related to executive compensation (RSU vesting and tax withholding), which are neutral events in terms of company performance or outlook.
Positives
- The acquisition of 17,633 shares at $0.00 indicates the vesting of restricted stock units, which is a routine component of executive compensation and aligns management interests with shareholders.
Negatives
- The disposition of 1,521 shares was solely for tax withholding purposes, which is a standard procedure upon RSU vesting and not indicative of a negative outlook.
Future Outlook
NA
Industry Context
This filing represents a routine insider transaction related to executive compensation, which is a common practice across all industries for publicly traded companies. It does not provide specific insights into broader industry trends or competitive landscape.
Related Party Transactions
- The transactions involve an executive officer (Stephen Jones) of Scansource, Inc. and the company's equity securities, which are considered related party transactions under SEC regulations.
Stakeholder Impact
- Shareholders: Minimal direct impact as these are routine compensation-related transactions and do not signal a change in company strategy or financial health.
- Employees: No direct impact mentioned.
- Management: The vesting of restricted stock units is a standard component of executive compensation, aligning management's interests with long-term company performance.
Key Dates
| Date | Description |
|---|---|
| 08/30/2025 | Date of disposition of 1,521 shares for tax withholding. |
| 09/01/2025 | Date of acquisition of 17,633 shares, likely due to RSU vesting. |
| 09/03/2025 | Date the Form 4 filing was signed by J. Creighton Lynes, attorney-in-fact. |
Keywords
Scansource, SCSC, Stephen Jones, CFO, Insider Trading, Form 4, Stock Transactions, Restricted Stock Units, Executive Compensation, Share Ownership
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