Form 4: SCSC SEVP & CIO Adds 2,834 Shares; Holding Now 16,008
Rhea-AI Filing Summary
Insider purchase reported by Scansource, Inc. (SCSC). Rachel Hayden, listed as SEVP & CIO and an officer, acquired 2,834 shares of Scansource common stock on 08/21/2025 at a reported price of $0.00 (transaction code A). After the transaction, Hayden beneficially owns 16,008 shares in total. The Form 4 was signed by an attorney-in-fact on behalf of the reporting person.
Positive
- Acquisition disclosed: Reporting person acquired 2,834 shares increasing beneficial ownership to 16,008 shares
- Officer identification provided: Reporter listed as SEVP & CIO, clarifying insider status
Negative
- None.
Insights
TL;DR: Officer purchased a small number of shares, increasing direct beneficial ownership to 16,008 shares.
The filing documents a non-derivative acquisition of 2,834 common shares by Rachel Hayden, identified as SEVP & CIO. The report shows a price of $0.00 under transaction code A, which typically denotes acquisition but here lists no cash consideration in the form. The holding after the transaction is explicitly 16,008 shares. This is a routine Section 16 disclosure by an officer and, based solely on the filing, appears informational rather than materially transformative.
TL;DR: Routine insider reporting; increases officer's disclosed stake but contains an unusual $0.00 price entry.
The Form 4 identifies the reporter's relationship to the issuer and provides the precise number of shares acquired and held post-transaction. The entry of $0.00 as the price is explicitly shown in the document; the form does not explain the reason for that value. The signature block shows the form was executed by an attorney-in-fact on behalf of the reporting person.