Form 4: ScanSource SEVP Alexandre Conde Reports Stock Disposals for Tax Obligations
SEC Form 4 Filing
Alexandre Conde, SEVP & Chief People Officer of ScanSource, Inc., reported disposing of shares to cover tax withholding obligations related to vesting restricted stock units.
Summary
- On August 25 and 26, 2024, Alexandre Conde, SEVP & Chief People Officer of ScanSource, Inc., disposed of shares of common stock to cover tax withholding obligations.
- A total of 601 shares were disposed of on August 25, 2024, at a price of $49.19 per share.
- On August 26, 2024, 720 shares were disposed of at a price of $48.91 per share.
- Following these transactions, Conde directly owns 46,826 shares of ScanSource, Inc.
Sentiment
Score: 5
Explanation: The document reflects routine transactions related to tax obligations, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The transactions have a minimal impact on stakeholders as they are related to tax obligations and do not represent a significant change in ownership.
Key Dates
| Date | Description |
|---|---|
| 08/25/2024 | Disposal of 601 shares of common stock at $49.19 per share. |
| 08/26/2024 | Disposal of 720 shares of common stock at $48.91 per share. |
| 08/27/2024 | Date of signature by attorney-in-fact, J. Creighton Lynes. |
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