Form 4: ScanSource SVP & Chief Accounting Officer Brandy Ford Sells Shares
SEC Form 4 Filing
Brandy Ford, SVP & Chief Accounting Officer of ScanSource, Inc., sold 1,253 shares of common stock at an average price of $47.26 on May 10, 2024.
Summary
- On May 10, 2024, Brandy Ford, the SVP & Chief Accounting Officer of ScanSource, Inc. (SCSC), sold 1,253 shares of the company's common stock.
- The shares were sold at a weighted average price of $47.26, with individual transaction prices ranging from $47.24 to $47.29.
- Following the transaction, Ford directly owns 9,219 shares of ScanSource, Inc., which includes 7 shares purchased via the ScanSource, Inc. Employee Stock Purchase Plan.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a stock sale. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This is a routine disclosure of an insider stock sale, which is common for executives of publicly traded companies. It provides transparency to investors regarding the transactions of company insiders.
Stakeholder Impact
- The sale of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to have a significant impact on other stakeholders.
Key Dates
| Date | Description |
|---|---|
| 05/10/2024 | Date of the transaction: Brandy Ford sold 1,253 shares of ScanSource, Inc. common stock. |
| 05/13/2024 | Date of signature by J. Creighton Lynes, attorney-in-fact. |
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