ScanSource (SCSC) CEO sells 25,000 shares, still holds 157,512
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ScanSource, Inc. CEO Michael L. Baur reported open-market sales of 25,000 shares of common stock. The transactions occurred on March 13 and March 16, with weighted average prices around $35.76, $36.40, and $35.89 per share.
The filing notes these were executed through multiple trades within price ranges from approximately $35.33 to $36.67. After these sales, Baur directly owns 157,512 shares of ScanSource common stock, indicating he retains a substantial equity position in the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 25,000 shares ($894,542)
Net Sell
3 txns
Insider
BAUR MICHAEL L
Role
CEO, President, BOD Chair
Sold
25,000 shs ($895K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,827 | $35.89 | $137K |
| Sale | Common Stock | 21,104 | $35.76 | $755K |
| Sale | Common Stock | 69 | $36.40 | $3K |
Holdings After Transaction:
Common Stock — 157,512 shares (Direct)
Footnotes (1)
- The price reported in column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $35.33 to $36.28 inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $36.34 to $36.67 inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $35.74 to $36.26 inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
FAQ
What insider transaction did ScanSource (SCSC) report for Michael L. Baur?
ScanSource reported that CEO, President and Board Chair Michael L. Baur sold 25,000 shares of common stock in open-market transactions. These sales took place over two trading days and were reported using weighted average prices for multiple individual trades.
Were Michael L. Baur’s ScanSource (SCSC) stock sales single trades or multiple transactions?
Each reported price represents a weighted average across multiple individual transactions. The filing explains that the shares were sold in numerous trades within specified price ranges, and detailed trade-by-trade information is available upon request from the reporting person.
What role does Michael L. Baur hold at ScanSource (SCSC) in this Form 4 filing?
In the Form 4, Michael L. Baur is identified as CEO, President and Chair of the Board of Directors of ScanSource. His leadership roles make his equity transactions notable disclosures for investors tracking insider ownership activity at the company.