Form 4: ScanSource Executive Reports Routine Stock Transaction for Tax Withholding
Insider Transaction Report
ScanSource, Inc. (SCSC) Senior Executive Vice President and Chief Information Officer, Rachel Hayden, reported a disposition of 623 shares of common stock to satisfy tax withholding obligations related to restricted stock unit vesting.
Summary
- Rachel Hayden, SEVP & CIO of ScanSource, Inc. (SCSC), reported a transaction on June 7, 2025.
- The transaction involved the disposition of 623 shares of ScanSource Common Stock.
- These shares were withheld by the company to cover tax withholding obligations upon the vesting of restricted stock units.
- The shares were valued at $41.5 per share for tax purposes.
- This was a non-market transaction, meaning it was not a sale on the open market.
- Following this transaction, Rachel Hayden beneficially owns 19,912 shares of ScanSource Common Stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as this is a routine, non-market transaction for tax purposes, which does not reflect a voluntary investment decision or significant change in company fundamentals.
Future Outlook
This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.
Industry Context
This filing is a routine insider transaction report (Form 4) detailing a tax-related stock disposition by an executive. It does not provide information relevant to broader industry trends or competitive positioning.
Stakeholder Impact
- This routine tax-related transaction has minimal direct impact on shareholders, employees, customers, suppliers, or creditors, as it is an administrative event related to executive compensation rather than a strategic business decision or financial performance indicator.
Key Dates
| Date | Description |
|---|---|
| 06/07/2025 | Date of transaction where shares were withheld for tax obligations. |
| 06/10/2025 | Date the Form 4 was signed by the reporting person's attorney-in-fact. |
Keywords
SCANSOURCE, SCSC, Form 4, Insider Transaction, Executive Compensation, Stock Vesting, Tax Withholding, Rachel Hayden, Common Stock
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