SCSC Form 4: SEVP & CIO Sells Shares, RSU Withholding Reported
Rhea-AI Filing Summary
Insider transactions at ScanSource (SCSC): Rachel Hayden, the companys SEVP & CIO, reported three non-derivative transactions in late August 2025. On 08/27/2025 381 shares were withheld to satisfy tax withholding upon RSU vesting (a non-market transaction) at a reported price of $44.69. On 08/28/2025 and 08/29/2025 she sold 1,080 shares at $44.69 and 833 shares at $44.36, respectively, under a Rule 10b5-1 sales plan adopted March 20, 2025. Beneficial ownership reported after these transactions declined from 12,768 shares to 10,855 shares by 08/29/2025.
Positive
- Sales executed under a Rule 10b5-1 plan, indicating pre-planned transactions
- RSU shares withheld for taxes were identified as a non-market transaction
Negative
- Beneficial ownership decreased from 12,768 shares to 10,855 shares following the reported transactions
- Total disposed shares reported were 381 (withheld) and 1,913 (sold under plan) at ~ $44.69/$44.36
Insights
TL;DR: Routine insider share withholding and scheduled sales under a 10b5-1 plan; not a voluntary open-market block sale.
The filings show a small, staged reduction in holdings through tax withholding on vested RSUs and two sales executed under a pre-established Rule 10b5-1 plan. Transaction prices were $44.69 and $44.36, and reported beneficial ownership declined to 10,855 shares. These are scheduled and tax-related transactions rather than opportunistic market dispositions.
TL;DR: Disclosures align with planned and non-market events; compliance controls (10b5-1) are documented.
The Form 4 explicitly states the sales were made pursuant to a 10b5-1 plan adopted March 20, 2025, and the RSU withholding was a non-market, tax-related action. The filing includes transaction codes and prices, and it is signed by an attorney-in-fact, indicating formal execution. No derivative or other complex transactions are reported.