Form 4: ScanSource SEVP & CFO Stephen Jones Sells 2,000 Shares
SEC Form 4 Filing
Stephen Jones, SEVP & CFO of ScanSource, Inc., sold 2,000 shares of common stock at a price of $36.14 per share on March 21, 2025, according to a Form 4 filing with the SEC.
Summary
- On March 21, 2025, Stephen Jones, the SEVP & CFO of ScanSource, Inc. (SCSC), sold 2,000 shares of the company's common stock.
- The sale was executed at a price of $36.14 per share.
- Following the transaction, Jones directly owns 69,816 shares of ScanSource common stock.
- The sale was conducted under a pre-arranged Rule 10b5-1 sales plan adopted on December 20, 2024.
Sentiment
Score: 5
Explanation: The document is a neutral report of a stock sale by an executive. The sale itself doesn't necessarily indicate positive or negative sentiment, especially since it was conducted under a pre-arranged plan.
Industry Context
Form 4 filings are a routine part of the regulatory landscape for publicly traded companies, providing transparency into the trading activities of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The sale of shares by a company executive could be perceived negatively by some shareholders, although the existence of a 10b5-1 plan mitigates this concern.
Key Dates
| Date | Description |
|---|---|
| 12/20/2024 | Date of adoption of Rule 10b5-1 Sales Plan |
| 03/21/2025 | Date of transaction (stock sale) |
| 03/25/2025 | Date of signature on Form 4 filing |
Keywords
ScanSource, SCSC, Stephen Jones, SEVP & CFO, Form 4, SEC Filing, Stock Sale, Rule 10b5-1, Insider Trading
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