Form 4: ScanSource Officer Disposes Shares for Tax Obligations

ScanSource's SEVP & Chief People Officer, Alexandre Conde, reported the disposition of 507 common shares to cover tax withholding upon restricted stock unit vesting.

Summary

• Alexandre Conde, SEVP & Chief People Officer of ScanSource, Inc. (SCSC), reported a transaction involving company common stock.
• The transaction occurred on August 27, 2025, and involved the disposition of 507 shares.
• These shares were withheld in satisfaction of tax withholding obligations upon the vesting of restricted stock units.
• The shares were valued at $44.69 per share for the purpose of this non-market transaction.
• Following this transaction, Alexandre Conde directly beneficially owns 49,991 shares of ScanSource common stock.

Sentiment

Score: 5

Explanation: Neutral. This is a routine, non-market transaction for tax purposes related to executive compensation, which is neither inherently positive nor negative for the company's operational performance or stock value.

Positives

• The transaction indicates the vesting of restricted stock units, which is a form of executive compensation and a positive for the executive.

Negatives

• No direct negatives for the company or its operational performance are indicated by this routine tax-related disposition.

Future Outlook

This filing, a Form 4, does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This is a routine insider transaction report related to executive compensation, which is a common practice across various industries. It does not provide specific insights into broader industry trends or competitive dynamics.

Related Party Transactions

• The transaction involves an officer of the company, Alexandre Conde, disposing of shares, which is a related-party transaction in the context of executive compensation.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine tax-related disposition, not a voluntary sale indicating a change in executive confidence.
• Employees: No direct impact on the broader employee base.

Key Dates

Recommendation

This Form 4 reports a routine disposition of shares by an executive to cover tax obligations upon the vesting of restricted stock units. It is a non-market transaction and does not reflect a voluntary sale or a change in the executive's confidence in the company. As such, it provides no new information that would warrant a change in investment recommendation, maintaining a 'hold' stance based solely on this filing.

Keywords

ScanSource, SCSC, Alexandre Conde, Form 4, Insider Transaction, Stock Disposition, Restricted Stock Units, Tax Withholding, Officer Compensation