Scansource CEO, President, BOD Chair Sold Shares Worth Over $4.4M
Scansource CEO, President, and BOD Chair Michael L. Baur sold 77,500 shares in multiple transactions on September 10–11, 2026, at weighted average prices ranging from $55.39 to $58.14 per share, totaling $4.44M. Baur now directly owns 200,698 shares.
How this was made

The 30-second read
Why it matters
The disclosed sale represents a material cash outflow by the CEO, potentially influencing investor perception.
Market read
First reporting of a multi‑million insider sale by ScanSource's top executive, offering fresh data for traders.
What to watch
No disclosed reason for the sale; could be tax planning or personal liquidity needs.
Background
Form 4 filing discloses insider transactions; such filings are primary sources of corporate insider activity.
Ticker impact
CEO Michael L. Baur sold $4.44M of ScanSource common stock on Sep 10‑11, 2026.
Possible modest decline in the near term.
Large insider sale by the top executive, but no accompanying corporate event; market may react cautiously.
Market effects
Minimal impact on the broader technology distribution sector.
Limited to US markets where ScanSource trades.
Low global relevance.
Counterpoint
The sale could be a routine diversification rather than a bearish signal.
Key entities
- personMichael L. Baur
CEO, President, and Board Chair of ScanSource.




