ScanSource CEO sells 25,000 shares in open market
ScanSource, Inc. CEO Michael L. Baur reported open-market sales of 25,000 shares of common stock.
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Rhea-AI Filing Summary
ScanSource, Inc. CEO Michael L. Baur reported open-market sales of 25,000 shares of common stock. The transactions occurred on March 13 and March 16, with weighted average prices around $35.76, $36.40, and $35.89 per share.
The filing notes these were executed through multiple trades within price ranges from approximately $35.33 to $36.67. After these sales, Baur directly owns 157,512 shares of ScanSource common stock, indicating he retains a substantial equity position in the company.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,827 | $35.89 | $137K |
| Sale | Common Stock | 21,104 | $35.76 | $755K |
| Sale | Common Stock | 69 | $36.40 | $3K |
Footnotes (3)
- F1. The price reported in column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $35.33 to $36.28 inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F2. The price reported in column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $36.34 to $36.67 inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F3. The price reported in column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $35.74 to $36.26 inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
FAQ
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What insider transaction did ScanSource (SCSC) report for Michael L. Baur?
Were Michael L. Baur’s ScanSource (SCSC) stock sales single trades or multiple transactions?
What role does Michael L. Baur hold at ScanSource (SCSC) in this Form 4 filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.