Form 4: ScanSource SVP's Routine Tax-Related Stock Transactions
Insider Transaction Report
ScanSource's SVP & Chief Accounting Officer, Brandy Ford, reported the withholding of shares for tax obligations related to restricted stock unit vesting.
Summary
- Brandy Ford, SVP & Chief Accounting Officer of ScanSource, Inc. (SCSC), reported transactions involving common stock.
- On August 25, 2025, 332 shares of common stock were disposed of at a price of $44.34 per share.
- On August 26, 2025, an additional 326 shares of common stock were disposed of at a price of $43.57 per share.
- These transactions represent shares withheld to satisfy tax withholding obligations upon the vesting of restricted stock units and are non-market transactions.
- Following the August 26, 2025 transaction, Brandy Ford beneficially owns 8,848 shares of common stock directly.
Sentiment
Score: 5
Explanation: This is a routine Form 4 filing reporting tax-related share withholding upon restricted stock unit vesting, which is a non-discretionary transaction and does not indicate a change in sentiment regarding the company's performance or outlook.
Stakeholder Impact
- Minimal impact on shareholders as this is a routine, non-discretionary transaction for tax purposes related to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 08/25/2025 | Transaction date for the disposition of 332 shares for tax withholding. |
| 08/26/2025 | Transaction date for the disposition of 326 shares for tax withholding. |
| 08/27/2025 | Signature date of the reporting person's attorney-in-fact. |
Keywords
ScanSource, SCSC, Form 4, Insider Transaction, Restricted Stock Units, Tax Withholding, Equity, Common Stock
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.