SCSC Form 4: Director Emory Frank Edward Jr. Adds 3,693 Shares
Rhea-AI Filing Summary
Emory Frank Edward Jr., a director of ScanSource, Inc. (SCSC), reported a non-derivative acquisition of 3,693 shares of the issuer's common stock on 09/01/2025 at a reported price of $0.00. After the transaction, the filing shows he beneficially owned 27,193 shares. The Form 4 was filed by one reporting person and signed by an attorney-in-fact on 09/03/2025. The filing contains no derivative transactions or additional explanatory text.
Positive
- Director increased direct ownership by 3,693 shares, improving insider alignment with shareholders
- Clear, timely disclosure filed as a Form 4 and signed by an authorized attorney-in-fact
Negative
- None.
Insights
TL;DR: Director increased direct holdings by 3,693 shares; transaction appears routine and non-derivative.
The reported acquisition increases the director's direct stake to 27,193 shares, which is a clear disclosure of insider activity required under Section 16. The zero price reported suggests the shares may have been granted or transferred rather than purchased for cash, but the form contains no additional explanation. There are no derivative instruments or dispositions reported, and the scale of the transaction appears modest relative to typical market-capitalization-level insider activity.
TL;DR: Filing is a routine Form 4 disclosure by a director with no material red flags.
The filing cleanly discloses a non-derivative acquisition and the resulting beneficial ownership. It is properly signed by an attorney-in-fact and identifies the reporting person as a director. Absent further context—such as relationship to compensation arrangements or sudden large-scale transfers—this disclosure should be treated as routine compliance with Section 16 reporting obligations.