Form 4: ScanSource SVP & Chief Accounting Officer, Brandy Ford, Sells Shares
SEC Form 4 Filing
Brandy Ford, SVP & Chief Accounting Officer at ScanSource, Inc., sold 1,845 shares of common stock at an average price of $49.38 on December 19, 2024.
Summary
- Brandy Ford, a Senior Vice President and Chief Accounting Officer at ScanSource, Inc., sold 1,845 shares of the company's common stock on December 19, 2024.
- The shares were sold at a weighted average price of $49.38 per share.
- The sale was executed in multiple transactions with prices ranging from $49.33 to $49.38.
- Following the transaction, Ms. Ford directly owns 9,506 shares of ScanSource common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a routine stock sale by an executive. It does not inherently suggest positive or negative sentiment.
Industry Context
This is a routine filing related to insider trading activity. It is common for executives to sell shares for personal financial management.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the US, and this filing is consistent with those requirements.
- The sale of shares by an executive is a common occurrence and does not necessarily indicate a negative outlook for the company.
Stakeholder Impact
- The sale of shares by an executive may have a minor impact on shareholder sentiment, but is generally considered a normal part of executive compensation and personal financial management.
Key Dates
| Date | Description |
|---|---|
| 12/19/2024 | Date of the stock sale transaction. |
| 12/20/2024 | Date the Form 4 was signed. |
Keywords
ScanSource, SCSC, stock sale, insider trading, Form 4, Brandy Ford, Chief Accounting Officer
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