Form 4: ScanSource SEVP & CFO Stephen Jones Reports Changes in Beneficial Ownership

Stephen Jones, SEVP & CFO of ScanSource, Inc., reports changes in beneficial ownership due to the withholding of shares for tax obligations upon vesting of restricted stock units on March 1, 2024.

Summary

• On March 1, 2024, Stephen Jones, SEVP & CFO of ScanSource, Inc., reported changes in beneficial ownership of the company's common stock.
• The change resulted from the withholding of 2,920 shares to satisfy tax withholding obligations upon the vesting of restricted stock units.
• The transaction was a non-market transaction, with the shares valued at $43.94 each.
• Following the transaction, Jones directly owns 61,852 shares of ScanSource common stock.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing detailing a routine transaction related to executive compensation. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it is a standard procedure related to executive compensation and does not significantly alter the company's financial position.

Key Dates