STOCK TITAN

CFO of EPLUS INC (PLUS) sells 7,182 shares in Rule 10b5-1 trades

(Very High)
(Negative)
Form Type
4

Rhea-AI Filing Summary

EPLUS INC chief financial officer Elaine D. Marion reported selling a total of 7,182 shares of common stock on August 3–4, 2026, in several open-market transactions at weighted average prices such as $95.1196 and $97.4044 per share. The sales were executed indirectly through a revocable trust for which she and her spouse are sole trustees and beneficiaries, under a Rule 10b5-1 trading plan adopted on November 18, 2025. A separate entry reports 34,801 shares of common stock held directly.

Positive

  • None.

Negative

  • None.

Insights

Analyzing...

Insider Marion Elaine D
Role CHIEF FINANCIAL OFFICER
Sold 7,182 shs ($690K)
Type Security Shares Price Value
Sale Common Stock F1, F4, F3 1,400 $95.4911 $134K
Sale Common Stock F1, F5, F3 3,504 $96.6103 $339K
Sale Common Stock F1, F6, F3 610 $97.4044 $59K
Sale Common Stock F1, F2, F3 1,668 $95.1196 $159K
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 84,259 shares (Indirect, By Elaine D. Marion Trust); Common Stock — 34,801 shares (Direct)
Footnotes (6)
  1. F1. The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 18, 2025.
  2. F2. The transaction was executed in multiple trades at prices ranging from $95.00 to $95.32 per share, inclusive. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares purchased and prices at which the transaction was effected.
  3. F3. The shares are held in a revocable trust, of which the reporting person and her spouse are the sole trustees and beneficiaries.
  4. F4. The transaction was executed in multiple trades at prices ranging from $95.00 to $95.91 per share, inclusive. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares purchased and prices at which the transaction was effected.
  5. F5. The transaction was executed in multiple trades at prices ranging from $96.07 to $97.02 per share, inclusive. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares purchased and prices at which the transaction was effected.
  6. F6. The transaction was executed in multiple trades at prices ranging from $97.07 to $97.91 per share, inclusive. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares purchased and prices at which the transaction was effected.
Total shares sold 7,182 shares Aggregate non-derivative sales of common stock on August 3–4, 2026
Sale on August 3, 2026 1,668 shares at $95.1196 per share Indirect sale of common stock by revocable trust
Sale on August 4, 2026 (block 1) 1,400 shares at $95.4911 per share Indirect sale of common stock by revocable trust
Sale on August 4, 2026 (block 2) 3,504 shares at $96.6103 per share Indirect sale of common stock by revocable trust
Sale on August 4, 2026 (block 3) 610 shares at $97.4044 per share Indirect sale of common stock by revocable trust
Direct common stock holdings 34,801 shares Directly held EPLUS INC common stock reported as of August 3, 2026
Rule 10b5-1 plan adoption date November 18, 2025 Date CFO Elaine D. Marion adopted the trading plan governing these sales
Rule 10b5-1 trading plan regulatory
"transactions were effected pursuant to a Rule 10b5-1 trading plan adopted"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average purchase price financial
"The price reported above reflects the weighted average purchase price"
The weighted average purchase price is the average cost per share you paid across multiple buys, calculated so larger purchases count more than smaller ones. Imagine buying apples at different prices: the overall price you effectively paid depends on how many apples you bought at each price. Investors use it to measure true cost basis, calculate gains or losses, decide when to sell, and manage taxes and portfolio performance.
revocable trust financial
"The shares are held in a revocable trust, of which the reporting person"
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

FAQ

What insider stock sales did EPLUS INC (PLUS) report in this Form 4?

EPLUS INC reported that CFO Elaine D. Marion sold a total of 7,182 shares of common stock on August 3–4, 2026. The transactions were open-market sales executed in several blocks at weighted average prices in the mid‑$90s per share.

At what prices were the PLUS shares sold by Elaine D. Marion’s trust?

The reported weighted average prices included $95.1196, $95.4911, $96.6103 and $97.4044 per share. Footnotes state each block was executed in multiple trades, with price ranges such as $95.00–$95.32 and $97.07–$97.91 per share.

Were the EPLUS INC (PLUS) insider sales made under a Rule 10b5-1 trading plan?

Yes. A footnote states the transactions were effected under a Rule 10b5-1 trading plan adopted by Elaine D. Marion on November 18, 2025. The filing’s Rule 10b5-1 checkbox is also marked, indicating these trades followed a pre‑established plan.

How many PLUS shares does Elaine D. Marion hold directly according to this filing?

A separate ownership entry reports that Elaine D. Marion holds 34,801 shares of EPLUS INC common stock directly. This figure is listed as a direct holding, distinct from the shares sold indirectly through the revocable trust described in the footnotes.

Through what entity were the reported PLUS share sales executed?

The sales were executed indirectly through a revocable trust described as the “Elaine D. Marion Trust.” Footnotes explain the shares are held in a revocable trust for which the reporting person and her spouse are the sole trustees and beneficiaries, indicating trust‑level ownership.

What is Elaine D. Marion’s role at EPLUS INC (PLUS)?

Elaine D. Marion is the company’s Chief Financial Officer. The Form 4 identifies her as an officer with the title “CHIEF FINANCIAL OFFICER,” and the reported transactions involve sales of EPLUS INC common stock associated with her indirect holdings via a revocable trust.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Marion Elaine D

(Last)(First)(Middle)
13595 DULLES TECHNOLOGY DRIVE

(Street)
HERNDON VIRGINIA 20171-3413

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
EPLUS INC [ PLUS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
CHIEF FINANCIAL OFFICER
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/03/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock08/03/2026S1,668(1)D$95.1196(2)89,773IBy Elaine D. Marion Trust(3)
Common Stock08/04/2026S1,400(1)D$95.4911(4)88,373IBy Elaine D. Marion Trust(3)
Common Stock08/04/2026S3,504(1)D$96.6103(5)84,869IBy Elaine D. Marion Trust(3)
Common Stock08/04/2026S610(1)D$97.4044(6)84,259IBy Elaine D. Marion Trust(3)
Common Stock34,801D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 18, 2025.
2. The transaction was executed in multiple trades at prices ranging from $95.00 to $95.32 per share, inclusive. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares purchased and prices at which the transaction was effected.
3. The shares are held in a revocable trust, of which the reporting person and her spouse are the sole trustees and beneficiaries.
4. The transaction was executed in multiple trades at prices ranging from $95.00 to $95.91 per share, inclusive. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares purchased and prices at which the transaction was effected.
5. The transaction was executed in multiple trades at prices ranging from $96.07 to $97.02 per share, inclusive. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares purchased and prices at which the transaction was effected.
6. The transaction was executed in multiple trades at prices ranging from $97.07 to $97.91 per share, inclusive. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares purchased and prices at which the transaction was effected.
/s/ Erica S. Stoecker, attorney-in-fact08/05/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)