ScanSource (NASDAQ: SCSC) ex-director lines up 29,000-share sale
Rhea-AI Filing Summary
SCANSOURCE, INC. (SCSC) has a planned insider sale under Rule 144 by former director Peter C. Browning. The notice covers 29,000 shares of Common Stock held at Wells Fargo Clearing Services, with an aggregate market value of $1,579,406.72 and CUSIP 821623038, to be sold on Nasdaq. The shares were acquired as stock grant compensation on or around November 2020, with options vesting on 08/12/2026, which is also listed as the acquisition date for the securities to be sold.
Positive
- None.
Negative
- None.
Key Figures
Shares to be sold: 29,000 shares of Common Stock
Aggregate market value: $1,579,406.72
CUSIP: 821623038
+3 more
6 metrics
Shares to be sold
29,000 shares of Common Stock
Number of SCANSOURCE, INC. shares covered by the Rule 144 notice
Aggregate market value
$1,579,406.72
Market value reported for the 29,000 shares to be sold
CUSIP
821623038
CUSIP for SCANSOURCE, INC. common stock listed in the notice
Acquisition/Vesting date
08/12/2026
Date listed as acquisition date and option vesting date for shares to be sold
Notice date
08/25/2026
Date of Notice signed by Peter C. Browning
Approximate compensation grant period
November 2020
Shares were acquired via stock grants as compensation on or around this time
Key Terms
Rule 144, stock grants, Former Director
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
stock grants financial
"Shares sold were acquired via stock grants as compensation on or around November 2020"
Former Director financial
"Former Director 144: Securities Information"
FAQ
What does the Form 144 filing disclose for SCANSOURCE, INC. (SCSC)?
The filing discloses that former director Peter C. Browning has filed a Rule 144 notice to sell 29,000 shares of SCANSOURCE, INC. common stock, with an aggregate market value of $1,579,406.72, to be sold on Nasdaq through Wells Fargo Clearing Services.
What is the role of Peter C. Browning in relation to SCANSOURCE, INC. (SCSC)?
Peter C. Browning is identified in the filing as a Former Director of SCANSOURCE, INC. He is the person for whose account the 29,000 shares of common stock are to be sold under Rule 144.
AI-generated analysis. How Rhea-AI works. Not financial advice.