false 0000918965 0000918965 2024-01-25 2024-01-25

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): January 25, 2024

 

 

ScanSource, Inc.

(Exact name of registrant as specified in its charter)

 

 

 

SC   00-26926   57-0965380

(State or other jurisdiction

of incorporation)

  

(Commission

File Number)

  

(IRS Employer

Identification No.)

 

6 Logue Court, Greenville, SC   29615
(Address of principal executive offices)   (Zip code)

Registrant’s telephone number, including area code: (864) 288-2432

(Former name or former address, if changed since last report.)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

  

Trading

Symbol

  

Name of each exchange

on which registered

Common Stock, no par value   SCSC   NASDAQ Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

Item 5.07.

Submission of Matters to a Vote of Security Holders.

ScanSource, Inc. (the “Company”) held its 2024 Annual Meeting of Shareholders (the “Annual Meeting”) on January 25, 2024. The Company received proxies totaling 93.55% of its issued and outstanding shares of common stock, representing 23,503,010 shares of common stock, as of the record date. At the Annual Meeting, the shareholders voted on the following proposals, which are described in more detail in the Company’s definitive proxy statement filed with the Securities and Exchange Commission on December 12, 2023, and the results of the voting are presented below.

Election of Directors

The Company’s shareholders approved the slate of directors consisting of eight members to hold office until the next annual meeting of shareholders or until their successors are duly elected and qualified, based on the following final voting results:

 

Nominee    For      Against      Abstain      Broker
Non-Votes		  

Michael L. Baur

      22,043,912        433,662        5,664        1,019,772  

Peter C. Browning

      20,130,125        2,339,693        13,421        1,019,771  

Frank E. Emory, Jr.

      21,969,541        465,661        48,037        1,019,771  

Charles A. Mathis

      21,879,791        556,717        46,731        1,019,771  

Vernon J. Nagel

      22,282,082        153,172        47,985        1,019,771  

Dorothy F. Ramoneda

      21,967,123        468,182        47,935        1,019,770  

Jeffrey R. Rodek

      22,006,633        437,633        38,974        1,019,770  

Elizabeth O. Temple

      21,905,450        564,418        13,371        1,019,771  

Advisory Vote to Approve the Compensation of the Company’s Named Executive Officers

The Company’s shareholders approved, on an advisory basis, the compensation of the Company’s named executive officers, based on the following final voting results:

 

For

  

Against

  

Abstain

  

Broker Non-Votes

21,858,380

   552,250   72,609   1,019,771

Advisory Vote to Ratify Grant Thornton LLP as the Independent Auditors for Fiscal 2024

The Company’s shareholders ratified the appointment of Grant Thornton LLP as the Company’s independent auditors for fiscal 2024, based on the following final voting results:

 

For

  

Against

  

Abstain

23,332,507

   169,383   1,120

 

Item 9.01.

Financial Statements and Exhibits

(d) Exhibits.

 

Exhibit
Number		    Description
104    Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

      ScanSource, Inc.
    By:  

/s/ Michael L. Baur

Date: January 30, 2024

     Name:   Michael L. Baur
    Its:   Chief Executive Officer
v3.24.0.1
Document and Entity Information
Jan. 25, 2024
Cover [Abstract]  
Amendment Flag false
Entity Central Index Key 0000918965
Document Type 8-K
Document Period End Date Jan. 25, 2024
Entity Registrant Name ScanSource, Inc.
Entity Incorporation State Country Code SC
Entity File Number 00-26926
Entity Tax Identification Number 57-0965380
Entity Address, Address Line One 6 Logue Court
Entity Address, City or Town Greenville
Entity Address, State or Province SC
Entity Address, Postal Zip Code 29615
City Area Code (864)
Local Phone Number 288-2432
Written Communications false
Soliciting Material false
Pre Commencement Tender Offer false
Pre Commencement Issuer Tender Offer false
Security 12b Title Common Stock, no par value
Trading Symbol SCSC
Security Exchange Name NASDAQ
Entity Emerging Growth Company false
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