ScanSource (SCSC) SVP Michael Reed Receives 5,614-Share Award

What Happened
Michael Reed, ScanSource's Senior Vice President and Chief Human Resources Officer, was granted 5,614 shares on September 1, 2026. The Form 4 records the transaction as an award/acquisition (code A) at $0.00 per share (total reported value $0). This was an equity compensation grant rather than an open-market buy or a sale.

Key Details

• Transaction date: 2026-09-01; Form 4 filed: 2026-09-03 (appears timely, within the usual two-business-day window).
• Transaction type/code: Award/Grant (A). Reported acquisition price: $0.00; shares received: 5,614.
• Shares owned after transaction: Not specified in the information provided. Check the full Form 4 for post-transaction ownership totals.
• No 10b5-1 plan, tax-withholding, or special instructions were disclosed in the summary data provided.
• Filing timeliness: No late flag indicated.

Context
Grants like this are typically part of executive compensation or retention programs (e.g., restricted stock units or stock awards) and do not necessarily signal a personal bullish or bearish view. To assess value, multiply the granted shares by the company’s market price on the grant date; consult the full Form 4 and the company’s proxy or 8-K for details on award type, vesting schedule, and any restrictions.