ePlus CFO reports tax-withheld share disposition
ePlus Inc. chief financial officer Elaine D. Marion reported routine share withholdings to cover taxes on restricted stock vesting.
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Form Type
4
Rhea-AI Filing Summary
ePlus Inc. chief financial officer Elaine D. Marion reported routine share withholdings to cover taxes on restricted stock vesting. On June 14, 2026, a total of 5,534 shares of common stock were withheld at $83.19 per share to pay tax liabilities arising from partial vesting of awards granted on June 14, 2023 and June 14, 2024. These are tax-withholding dispositions, not open-market sales. The filing also shows indirect ownership of 424 shares held in an IRA and 78,621 shares held in a revocable trust where Marion and her spouse are sole trustees and beneficiaries.
Insider Trade Summary
Exercise Price or Tax Liability: 5,534 shares
Exercise Price or Tax Liability
4 txns
Insider
Marion Elaine D
Role
CHIEF FINANCIAL OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 2,742 | $83.19 | $228K |
| Exercise Price or Tax Liability | Common Stock | 2,792 | $83.19 | $232K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 31,581 shares (Direct);
Common Stock — 78,621 shares (Indirect, By Elaine D. Marion Trust);
Common Stock — 424 shares (Indirect, By IRA)
Footnotes (3)
- F1. 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.
- F2. 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.
- F3. The shares are held in a revocable trust, of which the reporting person and her spouse are the sole trustees and beneficiaries.
Key Figures
Total shares withheld for taxes: 5,534 shares
First tax-withholding lot: 2,792 shares at $83.19
Second tax-withholding lot: 2,742 shares at $83.19
+2 more
5 metrics
Total shares withheld for taxes
5,534 shares
Tax-withholding dispositions on June 14, 2026
First tax-withholding lot
2,792 shares at $83.19
Payment of tax liability on partial vesting
Second tax-withholding lot
2,742 shares at $83.19
Payment of tax liability on partial vesting
Indirect IRA holding
424 shares
Common stock held indirectly by IRA
Indirect trust holding
78,621 shares
Common stock held in revocable trust
Key Terms
tax-withholding disposition, restricted stock award, revocable trust, IRA
4 terms
tax-withholding disposition financial
"Represents shares withheld for payment of tax liability arising as a result of the partial vesting of a restricted stock award"
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.
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.
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.
IRA financial
"direct_or_indirect: I, 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did ePlus (PLUS) report for CFO Elaine D. Marion?
ePlus reported that CFO Elaine D. Marion had 5,534 common shares withheld to cover tax liabilities on restricted stock vesting. These Form 4 entries are tax-withholding dispositions, not open-market stock sales, and arise from previously granted equity awards.
Were the ePlus (PLUS) CFO’s Form 4 transactions open-market stock sales?
No, the transactions were not open-market sales. The Form 4 shows shares withheld to pay tax liabilities from partial vesting of restricted stock awards, a routine administrative step rather than a discretionary sale into the market.
Which equity awards triggered tax withholding for the ePlus (PLUS) CFO?
Tax withholding arose from partial vesting of restricted stock awards granted on June 14, 2023 and June 14, 2024. The awards were originally reported in prior Forms 4 and the current filing records shares withheld to satisfy the related tax obligations.
What indirect ePlus (PLUS) holdings does the CFO report in the Form 4?
The filing lists 424 ePlus common shares held indirectly in an IRA and 78,621 shares held in a revocable trust. The trust is described as revocable, with Elaine D. Marion and her spouse as the sole trustees and beneficiaries of those shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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