Form 4: ScanSource SEVP & CIO Rachel Hayden Reports Stock Transactions
SEC Form 4 Filing
Rachel Hayden, SEVP & CIO of ScanSource, reports acquisition of shares and disposition for tax obligations.
Summary
- On August 27, 2024, Rachel Hayden, SEVP & CIO of ScanSource, acquired 8,030 shares of common stock.
- On the same day, she disposed of 2,900 shares of common stock at a price of $47.90 to cover tax withholding obligations.
- Following these transactions, Hayden directly owns 22,491 shares of ScanSource common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing reflects routine transactions related to stock vesting and tax obligations.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track management's sentiment and actions regarding their company's stock.
Stakeholder Impact
- The transactions provide transparency to shareholders regarding insider activity.
- The disposition of shares to cover tax obligations has a neutral impact on stakeholders.
Key Dates
| Date | Description |
|---|---|
| 08/27/2024 | Date of stock acquisition and disposition |
| 08/29/2024 | Date of signature on the Form 4 filing |
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