EPLUS (PLUS) general counsel has 161 shares withheld to cover tax liability
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
EPLUS INC General Counsel Erica Steinacker Stoecker reported a routine tax-related share disposition. On the transaction date, 161 shares of common stock were withheld at $82.15 per share to cover tax liabilities from the partial vesting of a restricted stock award granted on June 10, 2025. After this withholding, she directly holds 6,367 shares of EPLUS common stock. This was not an open-market purchase or sale but an automatic mechanism tied to equity compensation.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Stoecker Erica Steinacker
Role
GENERAL COUNSEL
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 161 | $82.15 | $13K |
Holdings After Transaction:
Common Stock — 6,367 shares (Direct, null)
Footnotes (1)
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Key Figures
Tax-withholding shares: 161 shares
Withholding price: $82.15 per share
Post-transaction holdings: 6,367 shares
+1 more
4 metrics
Tax-withholding shares
161 shares
Common stock withheld to cover tax liability
Withholding price
$82.15 per share
Valuation used for the 161 withheld shares
Post-transaction holdings
6,367 shares
Direct EPLUS common stock held after withholding
Award grant date
June 10, 2025
Grant date of restricted stock award that partially vested
Key Terms
restricted stock award, tax liability, tax-withholding disposition
3 terms
restricted stock award financial
"partial vesting of a restricted stock award granted on June 10, 2025"
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
tax liability financial
"shares withheld for payment of tax liability arising as a result"
tax-withholding disposition financial
"transaction_action: tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What did EPLUS INC (PLUS) insider Erica Stoecker report on this Form 4?
Erica Stoecker reported 161 EPLUS common shares withheld to pay taxes on a partially vesting restricted stock award. This was an automatic tax-withholding event, not an open-market trade, and reflects standard treatment of equity compensation.
What triggered the EPLUS INC (PLUS) tax-withholding transaction on the Form 4?
The transaction was triggered by the partial vesting of a restricted stock award granted on June 10, 2025. When the award vested, 161 shares were automatically withheld to cover the resulting tax liability instead of using cash.