Form 4: ScanSource Director Charles Alexander Mathis Sells Shares in Open Market Transactions

Director Charles Alexander Mathis of ScanSource, Inc. (SCSC) sold a total of 3,000 shares of common stock in two separate transactions on May 10 and May 13, 2024.

Summary

• Charles Alexander Mathis, a director of ScanSource, Inc. (SCSC), reported the sale of company stock.
• On May 10, 2024, Mathis sold 2,000 shares of common stock at a weighted average price of $46.87 per share.
• The prices for the May 10th sale ranged from $46.83 to $46.95.
• On May 13, 2024, Mathis sold an additional 1,000 shares at a price of $47.15 per share.
• Following these transactions, Mathis directly owns 11,959 shares of ScanSource common stock.

Sentiment

Score: 5

Explanation: The document simply reports stock sales by a director, which is a neutral event. It doesn't inherently indicate positive or negative sentiment about the company's future.

Industry Context

Sales by company insiders are a common occurrence and are publicly disclosed to ensure transparency. The market typically analyzes these transactions to gauge insider sentiment, although sales don't always indicate a negative outlook.

Stakeholder Impact

• The stock sales could have a minor impact on shareholder sentiment, depending on how the market interprets the transactions.

Key Dates