ScanSource CEO has 5,687 shares withheld for taxes
Rhea-AI Filing Summary
SCANSOURCE, INC. (SCSC) reported an insider transaction by Michael L. Baur, CEO, President and Board Chair. On 2026-08-30, 5,687 shares of common stock were disposed of at $56.55 per share to satisfy tax withholding obligations upon vesting of restricted stock units, characterized as a non-market transaction. Following this tax-withholding event, Baur directly held 154,822 shares of common stock.
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Insights
Analyzing...
Insider Trade Summary
Net Seller: 5,687 shares
Net Sell
1 txn
Insider
BAUR MICHAEL L
Role
CEO, President, BOD Chair
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 5,687 | $56.55 | $322K |
Holdings After Transaction:
Common Stock — 154,822 shares (Direct)
Footnotes (1)
- F1. Reflects shares withheld in satisfaction of tax withholding obligations upon vesting of restricted stock units. This is a non-market transaction.
Key Figures
Shares withheld for tax obligations: 5,687 shares
Transaction price per share: $56.55 per share
Shares owned after transaction: 154,822 shares
+1 more
4 metrics
Shares withheld for tax obligations
5,687 shares
Common Stock, code F transaction on 2026-08-30
Transaction price per share
$56.55 per share
Non-market tax-withholding disposition on 2026-08-30
Shares owned after transaction
154,822 shares
Direct ownership of Common Stock following the 2026-08-30 transaction
Exercise price or tax liability shares
5,687 shares
Shares used for payment of tax liability (code F), per transactionSummary
Key Terms
restricted stock units, non-market transaction, tax withholding obligations, Payment of tax liability by delivering or withholding securities
4 terms
restricted stock units financial
"upon vesting of restricted stock units. This is a non-market"
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.
non-market transaction financial
"units. This is a non-market transaction."
tax withholding obligations financial
"shares withheld in satisfaction of tax withholding obligations upon"
Payment of tax liability by delivering or withholding securities financial
"transaction_code_description": "Payment of tax liability by delivering or"
FAQ
What insider transaction did SCSC report for Michael L. Baur?
SCANSOURCE, INC. reported that Michael L. Baur disposed of 5,687 shares of common stock on 2026-08-30 through shares withheld to cover tax withholding obligations upon vesting of restricted stock units, described as a non-market transaction.
What role does Michael L. Baur hold at SCSC as noted in the Form 4?
Michael L. Baur is identified as CEO, President, and Board Chair of SCANSOURCE, INC. in the Form 4 reporting this tax-withholding share disposition.
AI-generated analysis. How Rhea-AI works. Not financial advice.