STOCK TITAN

ScanSource (SCSC) legal chief reports 1,025 shares withheld for taxes

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

Rhea-AI Filing Summary

SCANSOURCE, INC. senior executive Shana C. Smith reported a routine tax-related share disposition. On vesting of restricted stock units, 1,025 shares of common stock were withheld to cover tax obligations, a non-market transaction. Smith now directly holds 29,836 shares of ScanSource common stock.

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Insider Smith Shana C
Role Sr. EVP & Chief Legal Officer
Type Security Shares Price Value
Tax Withholding Common Stock 1,025 $48.13 $49K
Holdings After Transaction: Common Stock — 29,836 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares withheld for taxes 1,025 shares Tax-withholding disposition on restricted stock unit vesting
Tax withholding reference price $48.13 per share Value used for 1,025 withheld shares
Shares held after transaction 29,836 shares Direct ownership following tax-withholding disposition
restricted stock units financial
"Reflects shares withheld in satisfaction of tax withholding obligations upon vesting of restricted stock units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"Reflects shares withheld in satisfaction of tax withholding obligations upon vesting of restricted stock units."
non-market transaction financial
"This is a non-market transaction."
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SEC Form 4
FORM 4UNITED 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*
Smith Shana C

(Last)(First)(Middle)
6 LOGUE COURT

(Street)
GREENVILLE SOUTH CAROLINA 29615

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
SCANSOURCE, INC. [ SCSC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Sr. EVP & Chief Legal Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock06/01/2026F(1)1,025D$48.1329,836D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Reflects shares withheld in satisfaction of tax withholding obligations upon vesting of restricted stock units. This is a non-market transaction.
J. Creighton Lynes, attorney-in-fact06/03/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did SCANSOURCE (SCSC) report for Shana C. Smith?

SCANSOURCE reported that executive Shana C. Smith had 1,025 shares withheld to cover taxes upon vesting of restricted stock units. This Form 4 describes a non-market, tax-withholding disposition rather than an open-market purchase or sale of shares.

Was the SCANSOURCE (SCSC) Form 4 transaction an open-market sale?

No, the Form 4 states the 1,025 shares were withheld to satisfy tax obligations when restricted stock units vested. The footnote specifies this was a non-market transaction, meaning the shares were not sold on the open market to third-party buyers.

How many SCANSOURCE (SCSC) shares does Shana C. Smith hold after this transaction?

After the tax-withholding disposition of 1,025 shares, Shana C. Smith directly holds 29,836 shares of ScanSource common stock. This figure reflects her remaining position as reported in the Form 4 following the restricted stock unit vesting event.

What does the tax-withholding disposition in SCANSOURCE (SCSC) Form 4 mean?

A tax-withholding disposition means the company retained 1,025 shares to pay required taxes when restricted stock units vested. The insider did not choose to sell in the market; instead, shares were automatically withheld to satisfy tax liabilities tied to the equity award.

What role does Shana C. Smith hold at SCANSOURCE (SCSC)?

According to the Form 4, Shana C. Smith serves as Senior Executive Vice President and Chief Legal Officer of ScanSource. The reported transaction reflects equity compensation activity related to her role rather than discretionary open-market trading in the company’s stock.