Were the August 14, 2026 PLUS share sales under a Rule 10b5-1 plan?

The filing indicates the Rule 10b5-1 checkbox was not marked, so these transactions were not affirmatively reported as executed under a Rule 10b5-1 trading plan.

EPLUS (NASDAQ: PLUS) director unloads 500 shares near $88

Q: What insider transaction did PLUS director John E. Callies report?

Director John E. Callies reported selling 500 shares of EPLUS INC common stock on 2026-08-14 . The sales occurred in two separate open-market or private transactions at prices around $88 per share.

Q: At what prices were the PLUS shares sold by John E. Callies?

Callies sold shares at a weighted average price of $88.0845 , with individual trades between $87.85 and $88.63 , and a separate trade of 1 share at $88.85 . All transactions involved EPLUS INC common stock.

Q: How many PLUS shares did John E. Callies sell in total?

He sold a total of 500 shares of EPLUS INC common stock. This consisted of 499 shares in a multi-trade transaction and an additional 1 share in a separate trade on the same date.

Q: Did the Form 4 disclose John E. Callies’ PLUS holdings after the sale?

The Form 4 does not report total shares owned following the transactions. The field for total shares following each transaction is left blank, so post-transaction holdings cannot be determined from this filing alone.

Q: What does the footnote on the PLUS insider sale transactions explain?

The footnote explains that one transaction was executed in multiple trades between $87.85 and $88.63 per share and that the reported $88.0845 reflects a weighted average price, with full trade details available on request.

Filing Impact

(Neutral)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

At EPLUS INC, director John E. Callies reported selling a total of 500 shares of common stock on 2026-08-14 in two open-market or private transactions. One trade covered 499 shares at a weighted average price of $88.0845 per share, executed in multiple trades between $87.85 and $88.63. A second trade covered 1 share at $88.85 per share. Resulting share holdings were not reported in this filing.

Insider Trade Summary

Net Seller: 500 shares

Net Sell 2 txns

Insider Callies John E

Role Director

Sold 500 shs ($44K)

Type	Security	Shares	Price	Value
Sale	Common Stock ^F1	499	$88.0845	$44K
Sale	Common Stock	1	$88.85	$88.85

Holdings After Transaction: Common Stock — 20,648 shares (Direct)

Footnotes (1)

F1. The transaction was executed in multiple trades at prices ranging from $87.85 to $88.63 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

Shares sold (multi-trade block): 499 shares Weighted average price (multi-trade block): $88.0845 per share Price range of multi-trade block: $87.85–$88.63 per share +4 more

7 metrics

Shares sold (multi-trade block) 499 shares Common stock sold on 2026-08-14 in a transaction with weighted average pricing

Weighted average price (multi-trade block) $88.0845 per share Price for 499-share sale, with individual trades from $87.85 to $88.63

Price range of multi-trade block $87.85–$88.63 per share Range of execution prices for trades included in the 499-share sale

Shares sold (single-share trade) 1 share Separate sale of common stock on 2026-08-14

Price (single-share trade) $88.85 per share Execution price for the 1-share sale on 2026-08-14

Total shares sold 500 shares Aggregate of reported non-derivative sales on 2026-08-14

Net buy/sell shares -500 shares Transaction summary net share change from all reported trades

Key Terms

weighted average purchase price, open market or private transaction, Rule 10b5-1

3 terms

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.

open market or private transaction financial

"transaction code description: Sale in open market or private transaction"

Rule 10b5-1 regulatory

"The reporting person hereby undertakes to provide upon request by the SEC staff"

Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.

FAQ

What insider transaction did PLUS director John E. Callies report?

Director John E. Callies reported selling 500 shares of EPLUS INC common stock on 2026-08-14. The sales occurred in two separate open-market or private transactions at prices around $88 per share.

At what prices were the PLUS shares sold by John E. Callies?

Callies sold shares at a weighted average price of $88.0845, with individual trades between $87.85 and $88.63, and a separate trade of 1 share at $88.85. All transactions involved EPLUS INC common stock.

How many PLUS shares did John E. Callies sell in total?

He sold a total of 500 shares of EPLUS INC common stock. This consisted of 499 shares in a multi-trade transaction and an additional 1 share in a separate trade on the same date.

Did the Form 4 disclose John E. Callies’ PLUS holdings after the sale?

The Form 4 does not report total shares owned following the transactions. The field for total shares following each transaction is left blank, so post-transaction holdings cannot be determined from this filing alone.

What does the footnote on the PLUS insider sale transactions explain?

The footnote explains that one transaction was executed in multiple trades between $87.85 and $88.63 per share and that the reported $88.0845 reflects a weighted average price, with full trade details available on request.

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

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/17/2026 - 04:28 PM Accepted by SEC EDGAR 08/17/2026 - 04:27 PM

SEC Form 4

FORM 4

UNITED 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).

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^*

Callies John E

(Last)

(First)

(Middle)

13595 DULLES TECHNOLOGY DRIVE

(Street)

HERNDON

VIRGINIA

20171

(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)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/14/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	08/14/2026		S		499	D	$88.0845⁽¹⁾	20,649	D
Common Stock	08/14/2026		S		1	D	$88.85	20,648	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The transaction was executed in multiple trades at prices ranging from $87.85 to $88.63 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-fact	08/17/2026
	** Signature of Reporting Person	Date
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)

Source: View Original Filing on SEC EDGAR