SCSC insider notice: 150,000 compensatory shares planned for sale on 09/17/2025
Rhea-AI Filing Summary
ScanSource, Inc. (SCSC) reported a Form 144 notice for the proposed sale of 150,000 common shares, with an aggregate market value of $6,743,966.40, to be sold on or about 09/17/2025 through Merrill Lynch on the NASDAQ. The filing lists 21,884,508 shares outstanding, indicating the shares to be sold represent about 0.69% of outstanding stock.
All 150,000 shares were acquired from ScanSource, Inc. as compensatory awards: 2,618 and 122,382 shares from exercises dated 09/17/2025, and vested awards of 2,451 (08/26/2024), 14,872 (08/25/2025) and 7,677 (08/26/2025). The filer states no sales by the person in the prior three months and certifies no undisclosed material adverse information.
Positive
- Full disclosure of acquisition dates and amounts for all 150,000 shares, showing consistency between acquired and to-be-sold shares
- Sale to be executed through a major broker (Merrill Lynch) on NASDAQ, providing execution transparency
- Filer certifies no undisclosed material information in connection with the proposed sale
Negative
- Insider sale size equals 150,000 shares (~0.69% of outstanding shares), which could exert modest selling pressure on the market on the sale date
Insights
TL;DR: This is a routine insider sale of compensatory stock awards totaling 150,000 shares, representing about 0.69% of outstanding shares.
The filing shows all shares were acquired from the issuer as compensation via exercises and vesting, and will be sold through Merrill Lynch on NASDAQ on or about 09/17/2025. There are no reported sales by the filer in the prior three months, which suggests this is a planned disposal of recently acquired awards rather than an ongoing disposition. The aggregate market value stated is $6,743,966.40, which helps quantify potential market impact but remains a small fraction of total outstanding shares. Documentation includes the required representation regarding material nonpublic information.
TL;DR: Transaction appears to be standard compensation-related disposition with required certifications; no governance red flags disclosed.
All securities were acquired as compensatory stock awards from ScanSource, Inc., with acquisition and payment dates listed. The filer affirms absence of undisclosed material information and the form notes compliance with Rule 144 disclosure requirements. There is no indication of trading-plan adoption date on the face of the form, and the filer reports no related sales in the last three months. Based solely on the filing, this disclosure aligns with routine insider liquidity events and standard compliance statements.