Insider Report: ScanSource SEVP Withholds 507 Shares for Taxes
Rhea-AI Filing Summary
Insider transaction summary: Conde Alexandre, identified as SEVP & Chief People Officer of ScanSource, Inc. (SCSC), reported a non-market transaction on 08/27/2025. The filing shows 507 shares of common stock were disposed of under transaction code F(1) at a price of $44.69 per share. The filer explains these were shares withheld to satisfy tax withholding upon vesting of restricted stock units. After the withholding, the reporting person beneficially owned 49,991 shares on a direct basis. The Form 4 was signed by attorney-in-fact J. Creighton Lynes on 08/29/2025.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine tax-withholding on RSU vesting; no open-market sale activity reported and ownership remains substantial.
This Form 4 documents a non-market disposition of 507 shares under Code F(1), which the filer states were withheld to satisfy tax obligations upon RSU vesting. Such withholdings are administrative and do not reflect an active decision to liquidate position. The post-transaction direct ownership of 49,991 shares indicates continued equity alignment with shareholders. There is no information here about changes to compensation programs or further scheduled dispositions.
TL;DR: Administrative withholding reported; disclosure complies with Section 16 reporting requirements.
The filing is concise and conforms to required disclosures: it identifies the reporting person, relationship to the issuer, transaction date, transaction code, number of shares withheld, price per share, and resulting beneficial ownership. The explanation explicitly states the withholding was for tax obligations on vested RSUs, which is a standard practice. No governance concerns or deviations from customary award settlement procedures are apparent from the document alone.