EPLUS INC (PLUS) director granted 1,478 restricted shares
Melissa J. Ballenger, a director of EPLUS INC (PLUS), was granted 1,478 shares of restricted common stock on 10/01/2025 under the company’s 2024 Non-Employee Director Long Term Incentive Plan.
Rhea-AI Filing Summary
Melissa J. Ballenger, a director of EPLUS INC (PLUS), was granted 1,478 shares of restricted common stock on 10/01/2025 under the company’s 2024 Non-Employee Director Long Term Incentive Plan. The award carries a one‑year restriction period that begins on the grant date, after which restrictions may lapse or, under certain circumstances described in the plan, the shares may be forfeited and returned to the company. Following this grant, Ms. Ballenger beneficially owns 2,525 shares. The reported acquisition price is $0, and the Form 4 was signed on 10/03/2025.
Positive
- Director grant of 1,478 restricted shares recorded on 10/01/2025
- Total beneficial ownership increased to 2,525 shares after the award
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,478 | $0.00 | $0.00 |
Footnotes (1)
- F1. This restricted stock award consists of shares of common stock of the Company (the "Restricted Shares"). The Restricted Shares were granted pursuant to the Company's 2024 Non-Employee Director Long Term Incentive Plan (the "Plan") and are subject to a Restriction Period beginning on the grant date and ending on the first anniversary of the grant (the "Restriction Period"). As more fully described in the Plan, under certain other circumstances the restrictions may lapse, or the shares may be forfeited and transferred back to the Company.
FAQ
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What did Melissa J. Ballenger report on Form 4 for PLUS?
When was the Form 4 signed and filed?
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