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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 833 | $44.36 | $37K |
| Sale | Common Stock | 1,080 | $44.69 | $48K |
| Tax Withholding | Common Stock | 381 | $44.69 | $17K |
Footnotes (1)
- Reflects shares withheld in satisfaction of tax withholding obligations upon vesting of restricted stock units. This is a non-market transaction. Reflects shares sold pursuant to a Rule 10b5-1 Sales Plan adopted by the reporting person on March 20, 2025.
FAQ
What transactions did Rachel Hayden report for SCSC?
Were the sales by the insider discretionary or planned for SCSC?
Was any derivative or option activity reported in this Form 4 for SCSC?