SCSC Insider Filing: RSU Withholding and Share Issuance Increase Stake
Rhea-AI Filing Summary
Insider activity at ScanSource (SCSC): SEVP & Chief People Officer Conde Alexandre reported two transactions. On 08/30/2025 he had 326 shares disposed at $43.65 each, leaving 49,665 shares beneficially owned. On 09/01/2025 he acquired 6,289 shares (price reported as $0.00), bringing beneficial ownership to 55,954 shares. The filing explains the 08/30/2025 disposition reflected shares withheld to satisfy tax withholding upon RSU vesting. The form is a standard Section 16 disclosure of these changes.
Positive
- Beneficial ownership increased to 55,954 shares after the reported acquisition, indicating higher insider stake
- Filing includes explanation that 326 shares were withheld for tax withholding upon RSU vesting, improving transparency
Negative
- None.
Insights
TL;DR: Routine insider withholding and subsequent share acquisition increased reported beneficial ownership materially but appears non-market for the withheld portion.
The 08/30/2025 line shows 326 shares disposed at $43.65 with an explanation that those shares were withheld for tax obligations upon RSU vesting, which the filer categorizes as a non-market transaction. The 09/01/2025 entry reports an acquisition of 6,289 shares at $0.00, raising total beneficial ownership to 55,954 shares. For investors, this filing documents compensation-related share movements rather than an open-market trade driven by discretionary selling.
TL;DR: Disclosure reflects customary executive equity settlement and tax withholding; it's a routine governance disclosure.
The reporting person is an executive (SEVP & Chief People Officer) and filed individually. The narrative clarifies that a portion of RSUs was withheld to satisfy taxes, consistent with common compensation practices. The subsequent increase in beneficial ownership is recorded without a cash purchase price, consistent with equity settlement or issuance. The filing meets Section 16 transparency requirements and contains no additional governance issues.