EPLUS INC (PLUS) CFO receives stock awards and PSU vesting with tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
EPLUS INC Chief Financial Officer Marion Elaine D reported equity compensation changes rather than open-market trades. On June 15, 2026, she received a restricted stock award of 16,247 common shares, granted under the 2021 Employee Long-Term Incentive Plan. She also acquired 3,981 common shares upon vesting and settlement of previously granted performance share units, while 1,794 shares were withheld at a price of $83.09 per share to cover tax liabilities from the PSU vesting. Following these transactions, she holds 35,562 shares directly, plus 424 shares held through an IRA and 78,621 shares held in a revocable trust where she and her spouse are trustees and beneficiaries.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Marion Elaine D
Role
CHIEF FINANCIAL OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,981 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,794 | $83.09 | $149K |
| Grant/Award | Common Stock | 16,247 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 35,562 shares (Direct, null);
Common Stock — 78,621 shares (Indirect, By Elaine D. Marion Trust)
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 16,247 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 her spouse are the sole trustees and beneficiaries.
Key Figures
Restricted stock award: 16,247 shares
PSU shares delivered: 3,981 shares
Shares withheld for taxes: 1,794 shares at $83.09
+4 more
7 metrics
Restricted stock award
16,247 shares
Granted June 15, 2026 under 2021 Employee Long-Term Incentive Plan
PSU shares delivered
3,981 shares
Common stock from vested performance share units on June 15, 2026
Shares withheld for taxes
1,794 shares at $83.09
Withheld to pay tax liability from PSU vesting and settlement
Direct holdings after transactions
35,562 shares
Common stock held directly by CFO following June 15, 2026 updates
Trust holdings
78,621 shares
Common stock in revocable trust where CFO and spouse are trustees
IRA holdings
424 shares
Common stock held indirectly through an IRA
Restricted stock vesting dates
2027-03-18, 2028-03-16, 2029-03-15
One-third of 16,247 Restricted Shares vest on each listed date
Key Terms
performance share units ("PSUs"), 2021 Employee Long-Term Incentive Plan, Restricted Shares, Compensation Committee, +1 more
5 terms
2021 Employee Long-Term Incentive Plan financial
"PSUs granted to the reporting person on June 15, 2026, under the 2021 Employee Long-Term Incentive Plan"
Compensation Committee financial
"The Restricted Shares were granted by the Compensation Committee, pursuant to the Plan"
A compensation committee is a group within a company's leadership responsible for setting and reviewing how much top executives and employees are paid, including salaries, bonuses, and benefits. It matters to investors because fair and effective pay decisions can influence a company's performance, leadership motivation, and overall governance, helping ensure that the company’s management is aligned with shareholders’ interests.
revocable trust financial
"These shares of common stock 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.
FAQ
What did EPLUS INC (PLUS) CFO report in this Form 4?
The CFO reported equity compensation activity, including new restricted stock and vested performance share units, plus shares withheld for taxes. No open-market stock purchases or sales occurred in this filing.
What are the vesting dates for the new restricted stock at EPLUS INC?
The 16,247 Restricted Shares vest in three equal parts: one-third on March 18, 2027, one-third on March 16, 2028, and the final third on March 15, 2029, subject to plan terms and possible forfeiture.