ScanSource (SCSC) legal chief now owns 33,270 shares
Rhea-AI Filing Summary
SCANSOURCE, INC. (SCSC) reported that Sr. EVP & Chief Legal Officer Shana C. Smith received a grant of 3,434 shares of common stock on August 20, 2026, classified as a "grant, award, or other acquisition" at $0.00 per share. Following this award, her directly held position totals 33,270 shares of ScanSource common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3,434 shares
Net Buy
1 txn
Insider
Smith Shana C
Role
Sr. EVP & Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,434 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 33,270 shares (Direct)
Key Figures
Shares acquired: 3,434 shares of Common Stock
Transaction price per share: $0.00 per share
Shares owned after transaction: 33,270 shares of Common Stock
+2 more
5 metrics
Shares acquired
3,434 shares of Common Stock
Grant, award, or other acquisition on August 20, 2026
Transaction price per share
$0.00 per share
Reported for the 3,434-share grant on August 20, 2026
Shares owned after transaction
33,270 shares of Common Stock
Directly held by Shana C. Smith following the August 20, 2026 grant
Transaction code
A
Classified as Grant, award, or other acquisition of common stock
Buy transactions in this filing
0
No open-market or purchase transactions reported; only one acquisition by award
Key Terms
Grant, award, or other acquisition, Senior Executive Vice President, Rule 10b5-1
3 terms
Grant, award, or other acquisition financial
"transaction code description is "Grant, award, or other acquisition""
Senior Executive Vice President other
"officer_title listed as "Sr. EVP & Chief Legal Officer""
Rule 10b5-1 regulatory
"aff_10b5_one is the document-level Rule 10b5-1 checkbox"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
What insider transaction did SCSC report for Shana C. Smith?
SCSC reported that Sr. EVP & Chief Legal Officer Shana C. Smith received a grant of 3,434 shares of ScanSource common stock on August 20, 2026, categorized as a grant, award, or other acquisition with a reported price of $0.00 per share.
Was the August 20, 2026 SCSC insider transaction a purchase or a grant?
The August 20, 2026 insider transaction was reported as a grant, award, or other acquisition of 3,434 shares of SCSC common stock, not an open-market purchase or sale.
What transaction code was used for the SCSC Form 4 filing for Shana C. Smith?
The transaction used code A, which the filing describes as a “Grant, award, or other acquisition” of 3,434 shares of SCANSOURCE, INC. common stock on August 20, 2026.
Does the SCSC Form 4 indicate use of a Rule 10b5-1 trading plan?
The Form 4’s Rule 10b5-1 checkbox is reported as false, indicating the filing does not affirm that the reported grant of 3,434 shares to Shana C. Smith was made pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.