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SCSC Insider Filing: RSU Withholding and Share Issuance Increase Stake

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4

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.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Conde Alexandre

(Last) (First) (Middle)
6 LOGUE COURT

(Street)
GREENVILLE SC 29615

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
SCANSOURCE, INC. [ SCSC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
SEVP & Chief People Officer
3. Date of Earliest Transaction (Month/Day/Year)
08/30/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/30/2025 F(1) 326 D $43.65 49,665 D
Common Stock 09/01/2025 A 6,289 A $0.00 55,954 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Reflects shares withheld in satisfaction of tax withholding obligations upon vesting of restricted stock units. This is a non-market transaction.
J. Creighton Lynes, attorney-in-fact 09/03/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did Conde Alexandre report for SCSC?

He reported a disposition of 326 shares on 08/30/2025 at $43.65 and an acquisition of 6,289 shares on 09/01/2025, resulting in 55,954 shares beneficially owned.

Why were 326 shares disposed according to the Form 4?

The filing states those shares were withheld to satisfy tax withholding obligations upon RSU vesting; the filing labels this a non-market transaction.

What is the reported price for the 6,289 shares acquired on 09/01/2025?

The Form 4 reports a price of $0.00 for the 6,289-share acquisition.

How many shares did Conde Alexandre own after these transactions?

He beneficially owned 49,665 shares after the 08/30/2025 disposition and 55,954 shares after the 09/01/2025 acquisition.

What is Conde Alexandre's role at ScanSource listed on the filing?

He is listed as SEVP & Chief People Officer and an officer reporting under Section 16.
Scansource

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901.40M
21.51M
9.46%
104.18%
1.86%
Electronics & Computer Distribution
Wholesale-computers & Peripheral Equipment & Software
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United States
GREENVILLE