Form 4: SCANSOURCE Executive Sells Shares, Withholds for Tax
Insider Transaction Report
SCANSOURCE SEVP & CIO Rachel Hayden reported sales of common stock, including shares withheld for tax obligations and a planned sale.
Summary
- Rachel Hayden, SEVP & CIO of SCANSOURCE, Inc. (SCSC), reported transactions involving common stock.
- On August 25, 2025, 463 shares were disposed of at $44.34 per share to satisfy tax withholding obligations upon restricted stock unit vesting. This was a non-market transaction.
- On August 26, 2025, an additional 1,384 shares were disposed of at $43.57 per share for tax withholding upon restricted stock unit vesting, also a non-market transaction.
- On August 27, 2025, 1,012 shares were sold at $43.27 per share pursuant to a Rule 10b5-1 Sales Plan adopted on March 20, 2025.
- Following these transactions, Rachel Hayden beneficially owns 13,149 shares of SCANSOURCE common stock directly.
Sentiment
Score: 5
Explanation: The filing reports routine insider transactions, including tax-related dispositions and a pre-planned sale under a 10b5-1 plan. These are standard events for executives with equity compensation and do not inherently signal a positive or negative outlook for the company.
Positives
- The sale of 1,012 shares was conducted under a pre-arranged Rule 10b5-1 sales plan, adopted on March 20, 2025, indicating a planned and transparent transaction.
Negatives
- Rachel Hayden, SEVP & CIO, disposed of a total of 2,859 shares of common stock through tax withholdings and a planned sale, reducing her direct beneficial ownership.
Future Outlook
NA
Industry Context
NA
Related Party Transactions
- Rachel Hayden, SEVP & CIO, engaged in transactions involving SCANSOURCE common stock, which are considered related party dealings due to her executive position.
Stakeholder Impact
- Shareholders: The sale by a senior executive, even if pre-planned, could be interpreted by some as a slight negative signal regarding insider confidence, though the 10b5-1 plan provides transparency.
Key Dates
| Date | Description |
|---|---|
| 03/20/2025 | Rule 10b5-1 Sales Plan adopted by the reporting person. |
| 08/25/2025 | Disposition of 463 shares of Common Stock for tax withholding upon vesting of restricted stock units. |
| 08/26/2025 | Disposition of 1,384 shares of Common Stock for tax withholding upon vesting of restricted stock units. |
| 08/27/2025 | Sale of 1,012 shares of Common Stock pursuant to a Rule 10b5-1 Sales Plan. |
Recommendation
holdThe filing details routine insider transactions, including tax-related dispositions and a pre-planned sale under a Rule 10b5-1 plan. These transactions are generally expected and do not provide new fundamental information about the company's performance or outlook that would warrant a change in investment recommendation.
Keywords
SCANSOURCE, SCSC, Form 4, insider trading, stock sale, executive compensation, Rachel Hayden, 10b5-1 plan
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