EPlus (PLUS) CEO Marron reports 10,154-share tax withholding, retains over 194K shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
EPlus Inc. chief executive officer Mark P. Marron reported routine share movements related to vested restricted stock, rather than open-market trading. On June 14, 2026, a total of 10,154 shares of common stock were withheld at $83.19 per share to cover tax liabilities from partial vesting of awards granted in 2023 and 2024.
These tax-withholding dispositions reduced his directly held shares to 50,330. He also reports indirect ownership of 143,798 shares held in a revocable trust where he and his spouse are the sole trustees and beneficiaries, highlighting a substantial remaining equity position.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
MARRON MARK P
Role
CHIEF EXECUTIVE OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 5,604 | $83.19 | $466K |
| Tax Withholding | Common Stock | 4,550 | $83.19 | $379K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 54,880 shares (Direct, null);
Common Stock — 143,798 shares (Indirect, By Mark P. Marron Trust)
Footnotes (1)
- Represents shares withheld for payment of tax liability arising as a result of the partial vesting of a restricted stock award granted on June 14, 2023, and originally reported by the reporting person in a Form 4 filed with the Commission on June 16, 2023. Represents shares withheld for payment of tax liability arising as a result of the partial vesting of a restricted stock award granted on June 14, 2024, and originally reported by the reporting person in a Form 4 filed with the Commission on June 18, 2024. The shares are held in a revocable trust, of which the reporting person and his spouse are the sole trustees and beneficiaries.
Key Figures
Tax-withheld shares total: 10,154 shares
First tax-withholding block: 4,550 shares
Second tax-withholding block: 5,604 shares
+3 more
6 metrics
Tax-withheld shares total
10,154 shares
Shares withheld for tax liability on 2023 and 2024 awards
First tax-withholding block
4,550 shares
Withheld at $83.19 per share on June 14, 2026
Second tax-withholding block
5,604 shares
Withheld at $83.19 per share on June 14, 2026
Withholding price
$83.19 per share
Price used for tax-withholding dispositions
Direct holdings after transactions
50,330 shares
Common stock directly owned after June 14, 2026
Indirect trust holdings
143,798 shares
Common stock held via revocable trust
Key Terms
restricted stock award, tax-withholding disposition, revocable trust
3 terms
restricted stock award financial
"partial vesting of a restricted stock award granted on June 14, 2023"
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-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.
revocable trust financial
"The shares are held in a revocable trust, of which the reporting person and his spouse are the sole trustees and beneficiaries."
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.
FAQ
What insider transactions did EPLUS INC (PLUS) report for Mark P. Marron?
EPLUS INC reported that CEO Mark P. Marron had 10,154 common shares withheld to cover tax liabilities from partial vesting of prior restricted stock awards. These Form 4 transactions are coded as tax-withholding dispositions and are not open-market purchases or sales.
What is the role of the trust mentioned in the EPLUS INC (PLUS) Form 4 filing?
The Form 4 states that 143,798 EPLUS INC shares are held in a revocable trust where Mark P. Marron and his spouse are the sole trustees and beneficiaries. These shares are reported as indirect ownership, reflecting their control and economic interest through the trust structure.