BAUR MICHAEL L 4
Research Summary
AI-generated summary
ScanSource (SCSC) CEO Michael Baur Sells 25,000 Shares
What Happened
- Michael L. Baur, President, CEO and Chairman of the Board of ScanSource, sold a total of 25,000 shares in open-market transactions. The sales were executed in multiple trades on March 13 and March 16, 2026, producing proceeds of approximately $894,542.
- Breakdown: 21,104 shares at a weighted avg price of $35.76 for $754,679; 69 shares at $36.40 for $2,512; and 3,827 shares at a weighted avg price of $35.89 for $137,351. All were reported as sales (S).
Key Details
- Transaction dates: Mar 13, 2026 (21,104 and 69 shares) and Mar 16, 2026 (3,827 shares).
- Reported prices and ranges (per filing footnotes):
- 21,104 shares weighted avg $35.76 (individual prices ranged $35.33–$36.28).
- 69 shares weighted avg $36.40 (range $36.34–$36.67).
- 3,827 shares weighted avg $35.89 (range $35.74–$36.26).
- Total shares sold: 25,000; total proceeds: ~$894,542.
- Shares owned after the transactions: not specified in the provided filing details.
- Filing: Form 4 filed 2026-03-17 reporting trades through Mar 16, 2026 — appears to have been filed promptly. No 10b5-1 plan, tax-withholding, or other special codes are noted in the provided info.
Context
- These were open-market sales (insider sells are often routine liquidity events and do not necessarily signal management’s view on the company). No option exercises, awards, or gifts were reported in this filing.