ScanSource CEO awarded 53,899-share stock grant
ScanSource’s CEO received a large stock grant while a portion of shares was withheld to cover taxes on restricted stock unit vesting.
Rhea-AI Filing Summary
SCANSOURCE, INC. (SCSC) reported that CEO, President and Board Chair Michael L. Baur received an equity compensation award of 53,899 shares of Common Stock on September 1, 2026, at no cash cost to him.
On the same date, 8,023 shares of Common Stock were withheld to satisfy tax withholding obligations upon vesting of restricted stock units at a reference price of $56.24 per share. The filing states this was a non-market transaction and no Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
BAUR MICHAEL L
Role
CEO, President, BOD Chair
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 53,899 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F1 | 8,023 | $56.24 | $451K |
Holdings After Transaction:
Common Stock — 200,698 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 granted: 53,899 shares of Common Stock
Grant price per share: $0.00 per share
Shares withheld for taxes: 8,023 shares of Common Stock
+3 more
6 metrics
Shares granted
53,899 shares of Common Stock
Equity grant to Michael L. Baur on September 1, 2026
Grant price per share
$0.00 per share
Price for the 53,899-share award on September 1, 2026
Shares withheld for taxes
8,023 shares of Common Stock
Withheld to satisfy tax withholding obligations on RSU vesting
Tax withholding reference price
$56.24 per share
Applied to the 8,023 shares withheld on September 1, 2026
Transactions for tax payment
1 transaction
Code F, payment of tax liability by delivering or withholding securities
Non-derivative transactions
2 transactions
One grant/award acquisition and one tax-withholding disposition
Key Terms
restricted stock units, tax withholding obligations, non-market transaction
3 terms
restricted stock units financial
"upon vesting of restricted stock units. This is a non-market transaction"
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.
tax withholding obligations financial
"shares withheld in satisfaction of tax withholding obligations upon vesting"
non-market transaction financial
"This is a non-market transaction."
FAQ
What insider transactions did SCSC disclose for Michael L. Baur on September 1, 2026?
SCANSOURCE, INC. reported that Michael L. Baur received a grant of 53,899 shares of Common Stock and had 8,023 shares withheld to cover tax obligations related to restricted stock unit vesting on September 1, 2026.
Was the ScanSource (SCSC) CEO’s September 1, 2026 stock grant a market purchase?
No. The 53,899-share award to Michael L. Baur was a grant or award at $0.00 per share, reported as compensation, not a market purchase.
Were the September 1, 2026 SCSC insider transactions under a Rule 10b5-1 plan?
No. The Form 4 indicates that no Rule 10b5-1 trading plan was affirmed for these transactions.
AI-generated analysis. How Rhea-AI works. Not financial advice.