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SCSC Insider Filing: Ford Brandy RSU Vesting and Tax Withholding

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

Rhea-AI Filing Summary

Ford Brandy, SVP & Chief Accounting Officer of ScanSource, Inc. (SCSC), reported equity changes tied to restricted stock unit vesting. The filing shows an initial non-market tax-withholding disposition of 239 shares on 08/30/2025 and a further withholding of 119 shares on 09/01/2025, both at a reported per-share value of $43.65. On 09/01/2025 the reporting person acquired 4,616 shares (vested restricted stock units) at $0.00 acquisition price for reporting purposes. Following these transactions, the reporting person beneficially owned 12,986 shares directly. The form is signed by an attorney-in-fact, J. Creighton Lynes, dated 09/03/2025. The filer explains the dispositions were shares withheld to satisfy tax withholding obligations and are non-market transactions.

Positive

  • Acquisition of 4,616 shares via RSU vesting increased direct beneficial ownership to 12,986 shares
  • Disclosures specify that disposals were non-market tax-withholding transactions, clarifying they were not open-market sales

Negative

  • None.

Insights

TL;DR: Routine RSU vesting with tax-withholding dispositions; small net increase in direct shareholdings, no market sales disclosed.

The filing documents the vesting of restricted stock units resulting in the acquisition of 4,616 shares and the withholding of 358 shares to satisfy tax obligations at a reported value of $43.65 per share. These are non-market transactions and therefore do not reflect open-market selling pressure. The reporting person’s direct beneficial ownership increased to 12,986 shares. For investors, this is a routine compensation-related filing and does not provide evidence of a change in company outlook or material insider-driven liquidity events.

TL;DR: Compensation-driven equity activity; properly disclosed and executed via attorney-in-fact signature.

The Form 4 discloses standard executive equity accounting: restricted stock units vested and shares were withheld for tax withholding rather than sold on market. The presence of an executed attorney-in-fact signature (J. Creighton Lynes) is consistent with delegated filing practice. There are no indications of unusual or undisclosed derivative exercises, hedging, or transfers; the transactions are straightforward and compliant with Section 16 reporting.

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)
08/30/2025
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) 239 D $43.65 8,489 D
Common Stock 09/01/2025 F(1) 119 D $43.65 8,370 D
Common Stock 09/01/2025 A 4,616 A $0.00 12,986 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 did the Form 4 for SCSC filed by Ford Brandy report?

The Form 4 reported RSU vesting of 4,616 shares and tax-withholding dispositions of 239 and 119 shares, resulting in 12,986 shares beneficially owned.

Were any shares sold on the open market according to the filing?

No. The filing states the dispositions were non-market transactions where shares were withheld to satisfy tax withholding obligations.

What were the reported prices for the withheld shares?

The withheld shares are reported at $43.65 per share for the dispositions on 08/30/2025 and 09/01/2025.

Who signed the Form 4 and when was it signed?

J. Creighton Lynes, attorney-in-fact, signed the Form 4 on 09/03/2025.

What is Ford Brandy's role at ScanSource (SCSC)?

Ford Brandy is identified as SVP & Chief Accounting Officer.
Scansource

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SCSC Stock Data

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