Form 4: ScanSource Executive's Stock Withholding for Taxes
Insider Transaction Report
ScanSource's SEVP & Chief People Officer, Alexandre Conde, reported the withholding of shares to cover tax obligations related to restricted stock unit vesting.
Summary
- Alexandre Conde, SEVP & Chief People Officer of ScanSource, Inc. (SCSC), reported two transactions involving the disposition of common stock.
- On August 25, 2025, 467 shares of common stock were disposed of at a price of $44.34 per share.
- On August 26, 2025, an additional 638 shares of common stock were disposed of at a price of $43.57 per share.
- These dispositions represent shares withheld to satisfy tax withholding obligations upon the vesting of restricted stock units, and are non-market transactions.
- Following these transactions, Alexandre Conde beneficially owns 50,498 shares of ScanSource common stock directly.
Sentiment
Score: 5
Explanation: The filing reports a routine, non-discretionary transaction (tax withholding upon RSU vesting) which is neutral in sentiment. It reflects a standard part of executive compensation and does not indicate any discretionary buying or selling activity.
Positives
- The underlying event for the share disposition was the vesting of restricted stock units, which represents a positive compensation outcome for the executive.
Future Outlook
This filing does not contain any forward-looking statements or guidance.
Industry Context
This routine insider transaction filing does not provide information relevant to broader industry trends or competitive analysis.
Stakeholder Impact
- Shareholders: Minimal impact as this is a routine, non-discretionary transaction for tax purposes and does not reflect a change in the executive's investment thesis or a significant shift in ownership.
Key Dates
| Date | Description |
|---|---|
| 08/25/2025 | Date of disposition of 467 shares for tax withholding upon RSU vesting. |
| 08/26/2025 | Date of disposition of 638 shares for tax withholding upon RSU vesting. |
| 08/27/2025 | Date the Form 4 was signed by the attorney-in-fact for Alexandre Conde. |
Keywords
ScanSource, SCSC, Form 4, Insider Transaction, Stock Withholding, Restricted Stock Units, Executive Compensation, Alexandre Conde
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