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SCSC Form 4: SEVP Conde Alexandre Withholds 1,105 Shares for Taxes

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

Rhea-AI Filing Summary

Conde Alexandre, Senior Executive Vice President & Chief People Officer of ScanSource, Inc. (SCSC), reported two non-market dispositions of common stock tied to tax withholding on vested restricted stock units. On 08/25/2025, 467 shares were withheld at an effective price of $44.34, leaving 51,136 shares beneficially owned. On 08/26/2025, an additional 638 shares were withheld at $43.57, reducing beneficial ownership to 50,498 shares. The form was signed by an attorney-in-fact on 08/27/2025. The filer identifies as an officer and director; the filing states the share transfers are non-market transactions made to satisfy tax withholding obligations upon RSU vesting.

Positive

  • Transparent disclosure of tax-withholding dispositions tied to RSU vesting
  • Transactions are non-market (withholding for taxes), reducing concern about opportunistic insider selling
  • Timely filing executed by attorney-in-fact on 08/27/2025

Negative

  • Beneficial ownership decreased by 467 shares on 08/25/2025 and by 638 shares on 08/26/2025
  • Reported holdings declined from 51,136 to 50,498 shares following the withholdings

Insights

TL;DR: Routine insider withholding of vested RSUs; small, non-disruptive reductions in holdings.

The transactions reported are tax-withholding dispositions associated with RSU vesting, not open-market sales or transfers to third parties. The amounts—467 and 638 shares—are modest relative to the reported post-transaction holdings (51,136 and 50,498 shares), indicating limited near-term impact on control or dilution. Prices shown reflect withholding valuations rather than executed market sell orders. For investors, this is a standard administrative step and not an indicator of strategic share disposition.

TL;DR: Proper disclosure of insider withholding for tax compliance; governance process appears followed.

The Form 4 clearly identifies the reporting person, role (SEVP & Chief People Officer), and provides transaction dates and amounts. The filing includes the required explanatory note that these are non-market withholdings to satisfy tax obligations, and an attorney-in-fact executed the form promptly. This transparency aligns with good governance practices for executive equity awards. No material governance concerns are evident from the data provided.

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)
08/25/2025
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) 467 D $44.34 51,136 D
Common Stock 08/26/2025 F(1) 638 D $43.57 50,498 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 transactions did Conde Alexandre report on Form 4 for SCSC?

The filing reports two non-market dispositions related to RSU tax withholding: 467 shares on 08/25/2025 at $44.34 and 638 shares on 08/26/2025 at $43.57.

Why were shares disposed of in these Form 4 entries?

The explanation states the shares were withheld to satisfy tax withholding obligations upon vesting of restricted stock units; this is a non-market transaction.

How many shares does Conde Alexandre beneficially own after these transactions?

Following the 08/25/2025 withholding the filing shows 51,136 shares beneficially owned; after 08/26/2025 it shows 50,498 shares.

What is Conde Alexandre's role at ScanSource (SCSC)?

The Form 4 identifies him as a Senior Executive Vice President & Chief People Officer and a director.

Who signed the Form 4 and when?

The form was executed by J. Creighton Lynes, attorney-in-fact on 08/27/2025.
Scansource

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926.19M
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Electronics & Computer Distribution
Wholesale-computers & Peripheral Equipment & Software
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United States
GREENVILLE