SCSC.NASDAQScansource, INC

Form 4: ScanSource Executive Reports Routine Stock Transaction for Tax Withholding

Sentiment:

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

DateDescription
06/07/2025Date of transaction where shares were withheld for tax obligations.
06/10/2025Date 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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