ScanSource (SCSC) CEO uses 27,665 shares to cover RSU taxes
Rhea-AI Filing Summary
SCANSOURCE, INC. (SCSC) reported that CEO, President and Board Chair Michael L. Baur had shares of common stock withheld to cover tax obligations arising from vesting restricted stock units. On August 25, 2026, 21,094 shares of common stock were withheld at $56.19 per share, and on August 26, 2026, an additional 6,571 shares were withheld at $56.17 per share. The footnote states these were withheld in satisfaction of tax withholding obligations upon RSU vesting and are characterized as non-market transactions, not open-market sales.
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Insights
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Insider Trade Summary
Net Seller: 27,665 shares
Net Sell
2 txns
Insider
BAUR MICHAEL L
Role
CEO, President, BOD Chair
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 6,571 | $56.17 | $369K |
| Tax Withholding | Common Stock F1 | 21,094 | $56.19 | $1.19M |
Holdings After Transaction:
Common Stock — 160,509 shares (Direct)
Footnotes (1)
- F1. Reflects shares withheld in satisfaction of tax withholding obligations upon vesting of restricted stock units. This is a non-market transaction.
Key Figures
Shares withheld for taxes (August 25, 2026): 21,094 shares of Common Stock
Per-share value (August 25, 2026 withholding): $56.19 per share
Shares withheld for taxes (August 26, 2026): 6,571 shares of Common Stock
+2 more
5 metrics
Shares withheld for taxes (August 25, 2026)
21,094 shares of Common Stock
Withheld from Michael L. Baur to satisfy tax withholding obligations upon RSU vesting
Per-share value (August 25, 2026 withholding)
$56.19 per share
Value used for 21,094 shares withheld in a non-market tax-withholding transaction
Shares withheld for taxes (August 26, 2026)
6,571 shares of Common Stock
Withheld from Michael L. Baur to satisfy tax withholding obligations upon RSU vesting
Per-share value (August 26, 2026 withholding)
$56.17 per share
Value used for 6,571 shares withheld in a non-market tax-withholding transaction
Total shares withheld for tax obligations
27,665 shares of Common Stock
Sum of shares withheld across both reported code F transactions for tax withholding obligations
Key Terms
restricted stock units, non-market transaction, tax withholding obligations
3 terms
restricted stock units financial
"tax withholding obligations upon vesting of restricted stock units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
non-market transaction financial
"This is a non-market transaction."
tax withholding obligations financial
"shares withheld in satisfaction of tax withholding obligations upon vesting"
FAQ
What insider transaction did SCSC report for Michael L. Baur?
SCANSOURCE, INC. reported that Michael L. Baur had 27,665 shares of common stock withheld in two transactions to satisfy tax withholding obligations from vesting restricted stock units, characterized as non-market transactions rather than open-market sales.
On what dates did the SCSC insider tax-withholding transactions occur?
The transactions occurred on August 25, 2026 and August 26, 2026, when shares of SCANSOURCE, INC. common stock were withheld from Michael L. Baur to satisfy tax obligations related to vesting restricted stock units.
Were the SCSC insider transactions open-market sales?
No. The filing states that the transactions reflect shares withheld in satisfaction of tax withholding obligations upon vesting of restricted stock units and identifies them explicitly as a non-market transaction, meaning they were not open-market sales.
AI-generated analysis. How Rhea-AI works. Not financial advice.