CFO of EPLUS INC (PLUS) sells 7,182 shares in Rule 10b5-1 trades
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.
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Insider Trade Summary 10b5-1
Net Seller: 7,182 shares
Net Sell
5 txns
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)
- 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.
- 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.
- F3. The shares are held in a revocable trust, of which the reporting person and her spouse are the sole trustees and beneficiaries.
- 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.
- 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.
- 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.
Key Figures
Total shares sold: 7,182 shares
Sale on August 3, 2026: 1,668 shares at $95.1196 per share
Sale on August 4, 2026 (block 1): 1,400 shares at $95.4911 per share
+4 more
7 metrics
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
Key Terms
Rule 10b5-1 trading plan, weighted average purchase price, revocable trust
3 terms
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.
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.
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.
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.