ScanSource (SCSC) Form 4: 507 Shares Withheld for RSU Taxes at $44.69
Insider transaction summary: Conde Alexandre, identified as SEVP & Chief People Officer of ScanSource, Inc. (SCSC), reported a non-market transaction on 08/27/2025.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
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.
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 507 | $44.69 | $23K |
Footnotes (1)
- F1. Reflects shares withheld in satisfaction of tax withholding obligations upon vesting of restricted stock units. This is a non-market transaction.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What transaction did Conde Alexandre report on Form 4 for SCSC?
What does transaction code F(1) indicate in this Form 4?
Who signed the Form 4 and when?
AI-generated analysis. How Rhea-AI works. Not financial advice.