ScanSource (SCSC) CEO Michael Baur Withholds 27,665 Shares for Taxes

What Happened
Michael L. Baur, ScanSource’s CEO, President and Chair of the Board, had a total of 27,665 shares withheld to satisfy tax-withholding obligations on vested restricted stock units (RSUs). The filing shows 21,094 shares withheld on 2026-08-25 at $56.19 (value $1,185,272) and 6,571 shares withheld on 2026-08-26 at $56.17 (value $369,093), for a combined value of $1,554,365. These were non-market, tax-withholding transactions (code F), not open-market sales.

Key Details

• Transaction dates/prices: 2026-08-25 — 21,094 shares @ $56.19; 2026-08-26 — 6,571 shares @ $56.17.
• Total shares withheld: 27,665; total value: $1,554,365 (approx. $1.55M).
• Transaction code: F (shares withheld to satisfy tax withholding upon RSU vesting). Footnote F1 confirms withholding is non-market.
• Shares owned after transaction: not disclosed in the provided filing excerpt.
• Filing date: Form 4 filed 2026-08-27 (filed within the normal 2-business-day window for Form 4s).

Context
Shares withheld to cover taxes on vested RSUs are a routine, administrative transaction and do not represent an open-market sale or a direct expression of sentiment. For retail investors, purchases tend to be more informative about insider conviction; tax-withholding disposals are common after awards vest.