ScanSource (SCSC) CFO Stephen Jones Surrenders Shares for Taxes

What Happened Stephen Jones, Senior EVP & Chief Financial Officer of ScanSource (SCSC), had a total of 8,995 shares withheld to satisfy tax withholding on vested restricted stock units (RSUs). On 2026-08-25, 6,569 shares were withheld at an effective price of $56.19 (value $369,112). On 2026-08-26, 2,426 shares were withheld at $56.17 (value $136,268). These were non-market, tax-withholding dispositions rather than open-market sales.

Key Details

• Transaction dates and amounts:
  • 2026-08-25: 6,569 shares withheld @ $56.19, value $369,112
  • 2026-08-26: 2,426 shares withheld @ $56.17, value $136,268
• Total shares withheld: 8,995; total value ≈ $505,380.
• Transaction code: F — shares withheld to satisfy tax withholding on RSU vesting (non-market transaction).
• Shares owned after the transactions: not specified in the provided filing details.
• Form 4 filed 2026-08-27 (reporting the above transactions).

Context Tax-withholding share surrenders are routine when RSUs vest and do not represent an open-market sale decision by the insider. Because this is a non-market, compliance-driven withholding, it should not be interpreted as a directional buy or sell signal about the executive’s view of the company.