Form 4: ScanSource Director Peter C. Browning Sells 7,490 Shares
SEC Form 4
Director Peter C. Browning sold 7,490 shares of ScanSource, Inc. (SCSC) common stock at an average price of $46.44 on May 10, 2024.
Summary
- On May 10, 2024, Peter C. Browning, a director of ScanSource, Inc. (SCSC), sold 7,490 shares of the company's common stock.
- The sale was executed at a weighted average price of $46.44 per share.
- Following the transaction, Browning directly owns 22,759 shares of ScanSource common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a stock sale by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the transaction.
Industry Context
This Form 4 filing is a routine disclosure of a transaction by a company insider. It provides transparency to the market regarding the trading activities of individuals with access to non-public information.
Stakeholder Impact
- The sale of shares by a director could be perceived negatively by some shareholders, but it is a relatively small transaction and may not have a significant impact.
Key Dates
| Date | Description |
|---|---|
| 05/10/2024 | Date of transaction: Peter C. Browning sold 7,490 shares of ScanSource common stock. |
| 05/13/2024 | Date of signature: J. Creighton Lynes, attorney-in-fact, signed the Form 4 on behalf of Peter C. Browning. |
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.