4Filed Sep 2, 8:00 PM ET

ScanSource (SCSC) CFO Stephen Jones Sells Shares

$SCSC · SCANSOURCE, INC.

Research Summary

AI-generated summary of this SEC filing

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ScanSource (SCSC) CFO Stephen Jones Sells Shares

What Happened

  • Stephen Jones, Senior EVP & CFO of ScanSource (SCSC), had restricted stock units vest and sold a portion of his shares. On 2026-09-01 he was credited with 16,619 RSUs (award). To cover tax withholding upon vesting, 2,044 shares were surrendered (non‑market tax withholding) for $114,955. On 2026-09-03 he sold 8,703 shares (weighted avg $56.69) for $493,373 and 1,297 shares (weighted avg $57.21) for $74,201 — total open‑market sale proceeds ≈ $567,574. The award entry shows acquisition at $0 (standard for vested RSUs).

Key Details

  • Transaction dates: RSU grant/vesting and tax withholding on 2026-09-01; open‑market sales on 2026-09-03. Filing date: 2026-09-03 (timely).
  • Sales: 8,703 shares @ weighted avg $56.69 = $493,373 (range $56.11–$57.07 per footnote); 1,297 shares @ weighted avg $57.21 = $74,201 (range $57.14–$57.25 per footnote).
  • Tax withholding: 2,044 shares withheld (code F) at $56.24 = $114,955 (non‑market transaction to satisfy tax obligations).
  • Award: 16,619 RSUs granted/vested (code A), recorded at $0 (standard RSU vesting entry).
  • Shares owned after transaction: not reported in the Form 4 excerpt.
  • Footnotes: F1 = shares withheld for taxes (non‑market); F2 and F3 = weighted average prices with sale price ranges; the filer can provide per‑trade price breakdown on request.
  • Transaction codes: A = award/acquisition; F = tax withholding; S = open‑market sale.

Context

  • This filing documents routine RSU vesting and subsequent sales; the withholding is a standard tax-satisfaction step, and the open‑market sales appear to follow vesting rather than an option exercise or 10b5-1 plan disclosure. No late filing was indicated.