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SCSC Form 4: Director Vernon Nagel Adds 3,693 Shares at $0.00

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

Rhea-AI Filing Summary

Vernon J. Nagel, a director of ScanSource, Inc. (SCSC), reported acquiring 3,693 shares of the issuer's common stock on 09/01/2025 at a reported price of $0.00, increasing his beneficial ownership to 11,593 shares. The transaction is listed as non-derivative and filed on a Form 4 by one reporting person. The filing indicates direct ownership and does not state consideration beyond the reported $0.00 price.

Positive

  • Director increased direct ownership by 3,693 shares, aligning management interests with shareholders
  • Transaction is non-derivative, suggesting straightforward equity ownership rather than complex instruments

Negative

  • None.

Insights

TL;DR: A director received shares (likely from equity compensation or vesting), modestly increasing direct ownership without disclosed cash purchase.

The reported acquisition of 3,693 common shares at a $0.00 price is consistent with issuance through compensation, vesting, or similar corporate grant mechanisms rather than an open-market purchase. As a director-level insider, this strengthens alignment with shareholders but is modest in scale versus typical institutional holdings. There is no indication of derivative activity or indirect ownership changes in this filing.

TL;DR: Insider accumulation via a non-cash issuance is neutral in isolation; size appears immaterial to company capitalization.

The transaction increases the director's direct stake to 11,593 shares after receiving 3,693 shares at a reported price of $0.00. Because the Form 4 shows a non-derivative acquisition at zero price, it likely reflects compensation vesting or an internal transfer. There is no market sale or purchase disclosed and no derivative instruments reported, so immediate market impact is unlikely.

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*
NAGEL VERNON J

(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)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
09/01/2025
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 09/01/2025 A 3,693 A $0.00 11,593 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:
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 insider activity did ScanSource (SCSC) report on the Form 4?

Director Vernon J. Nagel acquired 3,693 common shares on 09/01/2025, increasing beneficial ownership to 11,593 shares.

Was the Form 4 transaction an open-market purchase for SCSC?

No. The Form 4 reports a non-derivative acquisition at a reported price of $0.00, indicating it was not an open-market cash purchase.

Does the filing show any options, warrants, or other derivatives for the reporting person?

No. Table II for derivative securities shows no derivative instruments reported in this filing.

Did the reporting person file jointly with others for this SCSC Form 4?

No. The form indicates it was filed by one reporting person (individual filing).

What is the reporting person's relationship to ScanSource (SCSC)?

The reporting person, Vernon J. Nagel, is listed as a Director of the issuer.
Scansource

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