Form 4: ScanSource SEVP & CIO Rachel Hayden Sells Shares
SEC Form 4 Filing
Rachel Hayden, SEVP & CIO of ScanSource, Inc., sold 6,343 shares of common stock at an average price of $46.54 on September 16, 2024.
Summary
- On September 16, 2024, Rachel Hayden, the SEVP & CIO of ScanSource, Inc., sold 6,343 shares of the company's common stock.
- The sale was executed at a weighted average price of $46.54 per share.
- The prices for individual transactions ranged from $46.35 to $46.73.
- Following the transaction, Hayden directly owns 20,535 shares of ScanSource common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting an insider stock sale. It doesn't inherently convey positive or negative sentiment, but insider sales can sometimes be interpreted negatively by the market.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders (officers, directors, or those holding more than 10% of the company's shares) buy or sell the company's securities. These filings provide transparency into insider transactions and are closely watched by investors for signals about a company's prospects.
Stakeholder Impact
- The sale of shares by a company insider could potentially influence investor sentiment.
Key Dates
| Date | Description |
|---|---|
| 09/16/2024 | Date of the stock sale transaction |
| 09/18/2024 | Date of signature on the Form 4 filing |
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