Form 4: ScanSource Director Vernon J. Nagel Reports Acquisition and Disposal of Common Stock
SEC Form 4 Filing
Director Vernon J. Nagel reports acquiring 3,141 shares and disposing of 7,900 shares of ScanSource, Inc. common stock on August 30, 2024.
Summary
- On August 30, 2024, Vernon J. Nagel, a director of ScanSource, Inc., engaged in transactions involving the company's common stock.
- Nagel acquired 3,141 shares of common stock.
- Simultaneously, Nagel disposed of 7,900 shares of common stock.
- Following these transactions, the total number of shares beneficially owned by Nagel is not explicitly stated in this document.
Sentiment
Score: 5
Explanation: This is a neutral regulatory filing. It reports transactions but doesn't inherently convey positive or negative sentiment about the company's prospects.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It's a standard practice and doesn't necessarily indicate a broader trend within the distribution and technology solutions industry ScanSource operates in.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a director.
Key Dates
| Date | Description |
|---|---|
| 08/30/2024 | Date of the transaction involving the acquisition and disposal of ScanSource common stock. |
| 09/04/2024 | Date of signature by J. Creighton Lynes, attorney-in-fact. |
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