STOCK TITAN

[Form 4] Scansource Inc Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

Ford Brandy, identified as SVP & Chief Accounting Officer and a reporting person for ScanSource, Inc. (SCSC), reported two non-market dispositions tied to restricted stock unit vesting tax withholding. The Form 4 lists a 332-share disposition on 08/25/2025 at a reported price of $44.34, leaving 9,174 shares beneficially owned, and a 326-share disposition on 08/26/2025 at $43.57, leaving 8,848 shares beneficially owned. The filer explains these shares were withheld to satisfy tax withholding obligations upon RSU vesting; the filing classifies these as non-market transactions.

Ford Brandy, indicato come SVP & Chief Accounting Officer e persona che presenta rendiconti per ScanSource, Inc. (SCSC), ha segnalato due cessioni non di mercato correlate alla ritenuta fiscale su unità azionarie vincolate (RSU) al momento del vesting. Il Modulo 4 riporta una cessione di 332 azioni il 25/08/2025 a un prezzo dichiarato di $44,34, lasciando in possesso 9.174 azioni, e una cessione di 326 azioni il 26/08/2025 a $43,57, lasciando 8.848 azioni. Il dichiarante spiega che le azioni sono state trattenute per soddisfare le imposte dovute al vesting delle RSU; la segnalazione classifica queste operazioni come transazioni non di mercato.

Ford Brandy, identificado como SVP y Chief Accounting Officer y persona informante de ScanSource, Inc. (SCSC), informó dos disposiciones fuera de mercado relacionadas con la retención fiscal por la consolidación de unidades de acciones restringidas (RSU). El Formulario 4 indica una disposición de 332 acciones el 25/08/2025 a un precio reportado de $44.34, dejando 9.174 acciones en propiedad, y una disposición de 326 acciones el 26/08/2025 a $43.57, quedando 8.848 acciones. El remitente aclara que las acciones se retuvieron para cubrir las obligaciones fiscales derivadas del vesting de las RSU; la presentación clasifica estas operaciones como transacciones fuera de mercado.

Ford Brandy는 ScanSource, Inc. (SCSC)의 SVP 겸 최고회계책임자이자 보고자(person reporting)로서, 제한주식단위(RSU) 베스팅 시 원천징수 세금 해결을 위해 발생한 비시장 처분 두 건을 신고했습니다. Form 4에는 332주 처분2025-08-25에 신고가액 $44.34로 기재되어 보유주식이 9,174주로 남았고, 326주 처분2025-08-26$43.57로 기재되어 보유주식이 8,848주로 남은 것으로 기재되어 있습니다. 제출자는 이 주식들이 RSU 베스팅 시 세금 원천징수를 위해 차감되었음을 설명했으며, 해당 신고서는 이를 비시장 거래로 분류하고 있습니다.

Ford Brandy, identifié comme SVP et Chief Accounting Officer et personne déclarée pour ScanSource, Inc. (SCSC), a signalé deux cessions hors-marché liées à la retenue d'impôt lors du vesting d'unités d'actions restreintes (RSU). Le formulaire 4 mentionne une cession de 332 actions le 25/08/2025 au prix déclaré de 44,34 $, laissant 9 174 actions en propriété, et une cession de 326 actions le 26/08/2025 à 43,57 $, laissant 8 848 actions. Le déclarant explique que ces actions ont été retenues pour satisfaire les obligations fiscales liées au vesting des RSU ; le dépôt qualifie ces opérations de transactions hors-marché.

Ford Brandy, benannt als SVP & Chief Accounting Officer und meldepflichtige Person für ScanSource, Inc. (SCSC), meldete zwei außerbörsliche Veräußerungen im Zusammenhang mit der Steuerabführung bei der Vesting von Restricted Stock Units (RSU). Im Formular 4 ist eine Veräußerung von 332 Aktien am 25.08.2025 zu einem gemeldeten Preis von $44,34 aufgeführt, wodurch 9.174 Aktien im Besitz verbleiben, und eine Veräußerung von 326 Aktien am 26.08.2025 zu $43,57, wodurch 8.848 Aktien verbleiben. Der Melder erklärt, dass die Aktien zum Zwecke der Steuerabführung beim Vesting der RSU einbehalten wurden; die Meldung klassifiziert diese als außerbörsliche Transaktionen.

Positive
  • Non-market transaction: Shares were withheld to satisfy tax withholding on vested RSUs, not an open-market sale.
Negative
  • Reduction in beneficial ownership: Officer's reported holdings decreased to 9,174 and then to 8,848 shares after the reported dispositions.

Insights

TL;DR: Officer reported small, non-market share dispositions due to RSU tax withholding; no cash-sale trading activity indicated.

The transactions are routine: two small dispositions (332 and 326 shares) executed as withholding for tax obligations on vested restricted stock units. Reported prices ($44.34 and $43.57) reflect the withholding valuation, not an active market sell program. The remaining beneficial ownership levels are disclosed as 9,174 and 8,848 shares respectively after each transaction. For investors, this filing documents compensation-related share mechanics rather than insider-driven market timing.

TL;DR: Disclosure complies with Section 16 timing and explains withholding; no governance red flags apparent from the filing.

The Form 4 includes an explicit explanation that the dispositions were tax-withholding on RSU vesting and marks them as non-market transactions, which aligns with standard insider reporting practices. The form is filed individually and signed via attorney-in-fact. There is no indication of Rule 10b5-1 plan usage. Based solely on the provided content, this appears to be a routine, compliant insider disclosure without material governance concerns.

Ford Brandy, indicato come SVP & Chief Accounting Officer e persona che presenta rendiconti per ScanSource, Inc. (SCSC), ha segnalato due cessioni non di mercato correlate alla ritenuta fiscale su unità azionarie vincolate (RSU) al momento del vesting. Il Modulo 4 riporta una cessione di 332 azioni il 25/08/2025 a un prezzo dichiarato di $44,34, lasciando in possesso 9.174 azioni, e una cessione di 326 azioni il 26/08/2025 a $43,57, lasciando 8.848 azioni. Il dichiarante spiega che le azioni sono state trattenute per soddisfare le imposte dovute al vesting delle RSU; la segnalazione classifica queste operazioni come transazioni non di mercato.

Ford Brandy, identificado como SVP y Chief Accounting Officer y persona informante de ScanSource, Inc. (SCSC), informó dos disposiciones fuera de mercado relacionadas con la retención fiscal por la consolidación de unidades de acciones restringidas (RSU). El Formulario 4 indica una disposición de 332 acciones el 25/08/2025 a un precio reportado de $44.34, dejando 9.174 acciones en propiedad, y una disposición de 326 acciones el 26/08/2025 a $43.57, quedando 8.848 acciones. El remitente aclara que las acciones se retuvieron para cubrir las obligaciones fiscales derivadas del vesting de las RSU; la presentación clasifica estas operaciones como transacciones fuera de mercado.

Ford Brandy는 ScanSource, Inc. (SCSC)의 SVP 겸 최고회계책임자이자 보고자(person reporting)로서, 제한주식단위(RSU) 베스팅 시 원천징수 세금 해결을 위해 발생한 비시장 처분 두 건을 신고했습니다. Form 4에는 332주 처분2025-08-25에 신고가액 $44.34로 기재되어 보유주식이 9,174주로 남았고, 326주 처분2025-08-26$43.57로 기재되어 보유주식이 8,848주로 남은 것으로 기재되어 있습니다. 제출자는 이 주식들이 RSU 베스팅 시 세금 원천징수를 위해 차감되었음을 설명했으며, 해당 신고서는 이를 비시장 거래로 분류하고 있습니다.

Ford Brandy, identifié comme SVP et Chief Accounting Officer et personne déclarée pour ScanSource, Inc. (SCSC), a signalé deux cessions hors-marché liées à la retenue d'impôt lors du vesting d'unités d'actions restreintes (RSU). Le formulaire 4 mentionne une cession de 332 actions le 25/08/2025 au prix déclaré de 44,34 $, laissant 9 174 actions en propriété, et une cession de 326 actions le 26/08/2025 à 43,57 $, laissant 8 848 actions. Le déclarant explique que ces actions ont été retenues pour satisfaire les obligations fiscales liées au vesting des RSU ; le dépôt qualifie ces opérations de transactions hors-marché.

Ford Brandy, benannt als SVP & Chief Accounting Officer und meldepflichtige Person für ScanSource, Inc. (SCSC), meldete zwei außerbörsliche Veräußerungen im Zusammenhang mit der Steuerabführung bei der Vesting von Restricted Stock Units (RSU). Im Formular 4 ist eine Veräußerung von 332 Aktien am 25.08.2025 zu einem gemeldeten Preis von $44,34 aufgeführt, wodurch 9.174 Aktien im Besitz verbleiben, und eine Veräußerung von 326 Aktien am 26.08.2025 zu $43,57, wodurch 8.848 Aktien verbleiben. Der Melder erklärt, dass die Aktien zum Zwecke der Steuerabführung beim Vesting der RSU einbehalten wurden; die Meldung klassifiziert diese als außerbörsliche Transaktionen.

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*
Ford Brandy

(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)
SVP & Chief Accounting Officer
3. Date of Earliest Transaction (Month/Day/Year)
08/25/2025
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 08/25/2025 F(1) 332 D $44.34 9,174 D
Common Stock 08/26/2025 F(1) 326 D $43.57 8,848 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 08/27/2025
** 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 did Ford Brandy report on Form 4 for ScanSource (SCSC)?

The filing reports two non-market dispositions for tax withholding on vested RSUs: 332 shares on 08/25/2025 at $44.34 and 326 shares on 08/26/2025 at $43.57.

Why were the shares disposed according to the Form 4?

The Form 4 states the shares were withheld in satisfaction of tax withholding obligations upon vesting of restricted stock units, a non-market transaction.

What is Ford Brandy's role at ScanSource listed on the Form 4?

The reporting person is listed as a Director and Officer with title SVP & Chief Accounting Officer.

How many shares did Ford Brandy own after each reported transaction?

The filing shows 9,174 shares beneficially owned following the 08/25/2025 disposition and 8,848 shares following the 08/26/2025 disposition.

Were these transactions filed individually or jointly?

The Form indicates it was filed by one reporting person (individual filing).
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