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ScanSource (NASDAQ: SCSC) ex-director lines up 29,000-share sale

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(Neutral)
Form Type
144

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.

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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
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.

How many SCSC shares are covered by Peter C. Browning’s Form 144 notice?

The notice covers 29,000 shares of SCANSOURCE, INC. common stock. These shares are indicated as having been acquired via stock grants as compensation, with options vesting on 08/12/2026.

What is the reported market value of the SCSC shares in this Form 144?

The Form 144 states an aggregate market value of $1,579,406.72 for the 29,000 shares of SCANSOURCE, INC. common stock that are subject to the planned sale.

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.

How and when were the SCSC shares to be sold under Form 144 acquired?

The remarks state that the shares were acquired via stock grants as compensation on or around November 2020, with the related options vesting on 08/12/2026, which is also listed as the acquisition date in the securities-to-be-sold section.

On which market are the SCSC shares in this Form 144 expected to be sold?

The Form 144 lists the intended market as Nasdaq for the sale of the 29,000 shares of SCANSOURCE, INC. common stock covered by this notice.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature