ScanSource’s Michael Baur plans $1.1M stock sale
Michael L. Baur filed a Rule 144 notice to sell 19,980 shares of ScanSource common stock in a broker-assisted cashless sale tied to option exercises.
Rhea-AI Filing Summary
SCANSOURCE, INC. (SCSC) received a notice that Michael L. Baur intends to sell common stock under Rule 144. The planned sale covers 19,980 shares of common stock, with an aggregate market value of $1,109,823.29, based on outstanding shares of 21,142,812 as of the notice.
The shares are tied to an exercise of employee stock options and are expected to be sold around September 10, 2026 through a broker assisted cashless sale via Merrill Lynch on NASDAQ.
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Key Figures
Shares to be sold: 19,980 shares
Aggregate market value: $1,109,823.29
Shares outstanding: 21,142,812 shares
+1 more
4 metrics
Shares to be sold
19,980 shares
Common stock covered by Michael L. Baur’s Rule 144 notice
Aggregate market value
$1,109,823.29
Value associated with the 19,980 shares to be sold
Shares outstanding
21,142,812 shares
Common stock outstanding as referenced in the Form 144
Planned sale date
September 10, 2026
Approximate date of sale for the shares
Key Terms
Rule 144, broker assisted cashless sale, employee stock options, aggregate market value
4 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.
broker assisted cashless sale financial
"19980 | 09/10/2026 | Broker assisted cashless sale"
employee stock options financial
"Exercise of employee stock options | SCANSOURCE, INC."
Employee stock options are contracts that give workers the right to buy a company's shares at a set price sometime in the future, like a coupon that lets you purchase stock at today’s price later on. Investors care because they align employees’ incentives with company performance and create a potential future claim on shares that can reduce existing owners’ percentage and add to a company’s reported compensation costs.
aggregate market value financial
"Common Stock | Merrill Lynch ... | 19980 | 1109823.29 | 21142812"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What is SCANSOURCE, INC. (SCSC) disclosing in this Form 144 filing?
The filing states that Michael L. Baur plans to sell 19,980 shares of SCANSOURCE, INC. common stock under Rule 144, with the sale expected around September 10, 2026 on NASDAQ through Merrill Lynch in a broker assisted cashless transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.