[Form 4] EPLUS INC Insider Trading Activity
Rhea-AI Filing Summary
ePlus inc. Chief Executive Officer Mark P. Marron reported equity compensation activity and updated holdings in company stock. On June 15, 2026, 9,956 shares of common stock were delivered upon the vesting and settlement of previously granted performance share units under the 2021 Employee Long-Term Incentive Plan. To cover related tax obligations, 4,488 shares were withheld at a price of $83.09 per share, a non-market, tax-withholding disposition rather than an open-market sale. On the same date, Marron received a new restricted stock award of 26,477 shares, which will vest in three equal installments on March 18, 2027, March 16, 2028, and March 15, 2029, subject to potential forfeiture under plan terms. Following these transactions, he directly held 60,286 shares and also had 143,798 shares held indirectly through a revocable trust where he and his spouse are the sole trustees and beneficiaries.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9,956 | $0.00 | -- |
| Tax Withholding | Common Stock | 4,488 | $83.09 | $373K |
| Grant/Award | Common Stock | 26,477 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Represents shares of ePlus inc. (the "Company") common stock for performance share units ("PSUs") granted to the reporting person on June 15, 2026, under the 2021 Employee Long-Term Incentive Plan (the "Plan"). The performance-vesting restrictions with respect to these shares were released upon certification of performance goal attainment by the Compensation Committee of ePlus' Board of Directors (the "Compensation Committee"). Represents shares withheld for payment of tax liability arising as a result of the vesting and settlement of the PSUs on June 15, 2026. On June 15, 2026, the reporting person was granted a restricted stock award consisting of 26,477 shares of common stock of the Company (the "Restricted Shares"). The Restricted Shares were granted by the Compensation Committee, pursuant to the Plan. The Restricted Shares are subject to a restriction period, with one-third of the Restricted Shares vesting on each of March 18, 2027, March 16, 2028, and March 15, 2029. As more fully described in the Plan, under certain circumstances the restrictions may lapse, or the shares may be forfeited and transferred back to the Company. These shares of common stock are held in a revocable trust, of which the reporting person and his spouse are the sole trustees and beneficiaries.