ScanSource CFO sells 10,000 shares in open market
ScanSource’s CFO received a stock grant, had shares withheld for taxes, and sold 10,000 shares in open-market trades.
Sentiment and the balance of points
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Rhea-AI Filing Summary
SCANSOURCE, INC. (SCSC) reported that its SEVP & CFO, Stephen Jones, had multiple equity transactions in early September 2026. On September 1, 2026, he received a grant of 16,619 shares of common stock, and 2,044 shares were withheld the same day in a non-market transaction to satisfy tax withholding on vested restricted stock units at a price referenced as $56.24 per share. On September 3, 2026, he completed open-market sales totaling 10,000 shares of common stock in two tranches: 8,703 shares at a weighted average price of $56.69 (sold in multiple trades between $56.11 and $57.07) and 1,297 shares at a weighted average price of $57.21 (sold between $57.14 and $57.25). No Rule 10b5-1 trading plan is reported for these transactions.
Insights
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F2 | 8,703 | $56.69 | $493K |
| Sale | Common Stock F3 | 1,297 | $57.21 | $74K |
| Grant/Award | Common Stock | 16,619 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F1 | 2,044 | $56.24 | $115K |
Footnotes (3)
- F1. Reflects shares withheld in satisfaction of tax withholding obligations upon vesting of restricted stock units. This is a non-market transaction.
- F2. The price reported in column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $56.11 to $57.07 inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F3. The price reported in column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $57.14 to $57.25 inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Key Figures
Key Terms
restricted stock units financial
weighted average price financial
non-market transaction financial
open market or private transaction financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did SCSC’s CFO Stephen Jones report on this Form 4?
What stock award did the ScanSource (SCSC) CFO receive in this filing?
Were the SCSC insider transactions made under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.