ePlus director granted 309 restricted shares
Lutz John Mark reported acquisition or exercise transactions in this Form 4 filing. ePlus inc. granted newly appointed director John Mark Lutz a restricted stock award of 309 shares of common stock.
Rhea-AI Filing Summary
Lutz John Mark reported acquisition or exercise transactions in this Form 4 filing.
ePlus inc. granted newly appointed director John Mark Lutz a restricted stock award of 309 shares of common stock. The shares were issued at no cash cost to him under the Company’s 2024 Non-Employee Director Long Term Incentive Plan.
The Restricted Shares are subject to a Restriction Period ending on the earlier of October 1, 2026, or the date of the next annual stockholder meeting following the grant. Under certain circumstances described in the plan, restrictions can lapse sooner or the shares can be forfeited and returned to the Company.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 309 | $0.00 | $0.00 |
Footnotes (1)
- F1. On July 6, 2026, Mr. Lutz, a newly appointed director of ePlus inc. (the "Company") was granted a restricted stock award consisting of 309 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 that ends on the earlier of October 1, 2026, or the date of the Company's annual stockholder meeting that next follows after the date that the Award was granted (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.
Key Figures
Key Terms
restricted stock award financial
Restriction Period financial
2024 Non-Employee Director Long Term Incentive Plan financial
forfeited and transferred back to the Company financial
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