4Filed Aug 31, 8:00 PM ET
ScanSource (SCSC) CFO Stephen Jones Withholds 1,591 Shares for Taxes
$SCSC · SCANSOURCE, INC.Research Summary
AI-generated summary of this SEC filing
ScanSource (SCSC) CFO Stephen Jones Withholds 1,591 Shares for Taxes
What Happened
- Stephen Jones, Senior EVP & Chief Financial Officer of ScanSource, had 1,591 shares disposed on 2026-08-30 to satisfy tax withholding obligations related to vested restricted stock units. The per-share value reported was $56.55, for a total of $89,971.
- This was a non-market disposition (shares withheld for taxes), not an open-market sale. Such withholdings are routine and reflect tax obligations upon RSU vesting rather than a decision to sell stock for cash.
Key Details
- Transaction date and price: 2026-08-30 at $56.55 per share
- Shares withheld/disposed: 1,591; aggregate value reported $89,971
- Transaction code: F (tax withholding)
- Footnote: F1 — shares withheld to satisfy tax withholding upon RSU vesting; non-market transaction
- Shares owned after transaction: Not specified in the provided filing
- Filing date: 2026-09-01 — filing appears timely based on the reported transaction date
Context
- "F" transactions typically occur when an employer withholds vested shares to satisfy tax withholding; they are administrative and do not necessarily indicate insider sentiment.
- For retail investors, these transactions are routine and less informative than open-market purchases or sales.