4Accepted Sep 1, 5:35 PM ET
SCANSOURCE CEO Michael L. Baur Withholds 5,687 Shares for Taxes
Accepted (ET)
5:35 PM
Sep 1, 2026
Filed
Sep 1, 2026
Documents
1
Size
4.7 KB
Summary
SCANSOURCE CEO Michael L. Baur Withholds 5,687 Shares for Taxes
What Happened
Michael L. Baur — CEO, President and Chairman of ScanSource (SCSC) — had 5,687 shares withheld to satisfy tax withholding obligations upon vesting of restricted stock units (RSUs). The withholding was reported as a non‑market disposition at $56.55 per share, with a total value of approximately $321,600.
Key Details
- Transaction date: 2026-08-30
- Report filed: 2026-09-01 (Form 4 accession 0001193125-26-378714)
- Shares withheld/disposed: 5,687 at $56.55 each — total value ~$321,600
- Transaction code: F (tax withholding to satisfy tax liability upon RSU vesting)
- Footnote: F1 — reflects shares withheld in satisfaction of tax withholding obligations upon vesting of restricted stock units (non-market transaction)
- Shares owned after transaction: not specified in the provided filing summary
- Timeliness: Filing dated two days after the transaction (generally within the two-business-day Form 4 window)
Context
This was a routine, non-market withholding to cover taxes when RSUs vested — not an open-market sale or purchase. Such tax‑withholding dispositions are common and generally do not signal a change in insider sentiment about the company’s prospects.