CFO of ePlus (NASDAQ: PLUS) moves 15,214 shares to revocable trust
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ePlus inc. Chief Financial Officer Elaine D. Marion reported an internal share transfer involving 15,214 shares of common stock. On July 2, 2026, she moved these shares from a personal account into the Elaine D. Marion Trust for no consideration, and remains the beneficial owner of the trust’s holdings. After the restructuring, the trust holds 93,835 shares indirectly, her direct account holds 34,801 shares, and an IRA holds 424 shares, so the filing reflects an ownership reorganization rather than a market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Marion Elaine D
Role
CHIEF FINANCIAL OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 15,214 | $0.00 | -- |
| Other | Common Stock | 15,214 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 34,801 shares (Direct, null);
Common Stock — 93,835 shares (Indirect, By Elaine D. Marion Trust)
Footnotes (1)
- On July 2, 2026, the reporting person transferred 15,214 shares of ePlus inc. common stock from an account owned by the reporting person to the Elaine D. Marion Trust for no consideration. The reporting person remains the beneficial owner of the securities held by the trust. The shares are held in a revocable trust, of which the reporting person and her spouse are the sole trustees and beneficiaries.
Key Figures
Internal transfer size: 15,214 shares
Trust holdings after transfer: 93,835 shares
Direct holdings after transfer: 34,801 shares
+2 more
5 metrics
Internal transfer size
15,214 shares
Transferred on July 2, 2026 from personal account to trust
Trust holdings after transfer
93,835 shares
Elaine D. Marion Trust indirect ownership after transaction
Direct holdings after transfer
34,801 shares
Direct ownership by Elaine D. Marion following restructuring
IRA holdings
424 shares
Indirect ownership through IRA on July 2, 2026
Restructuring total
30,428 shares
Total shares involved in J-coded restructuring transactions
Key Terms
revocable trust, beneficial owner, IRA, transaction code J, +1 more
5 terms
revocable trust financial
"The shares are held in a revocable trust, of which the reporting person and her spouse are the sole trustees"
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.
beneficial owner financial
"The reporting person remains the beneficial owner of the securities held by the trust"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
IRA financial
"total_shares_following_transaction": "424.0000" ... "nature_of_ownership": "By IRA""
An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.
transaction code J financial
""transaction_code": "J" ... "transaction_code_description": "Other acquisition or disposition""
indirect ownership financial
""direct_or_indirect": "I" ... "ownership_type": "indirect""
FAQ
What insider activity did ePlus (PLUS) CFO Elaine D. Marion report?
Elaine D. Marion reported transferring 15,214 ePlus common shares from a personal account into the Elaine D. Marion Trust. The move was for no consideration and reflects internal ownership restructuring, not an open-market purchase or sale.