Director John Mark Lutz receives 309 restricted ePlus (NASDAQ: PLUS) shares

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.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Lutz John Mark

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	309	$0.00	--

Holdings After Transaction: Common Stock — 309 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Restricted stock grant: 309 shares Grant price per share: $0.00 per share Shares held after grant: 309 shares +1 more

4 metrics

Restricted stock grant 309 shares Restricted stock award granted on July 6, 2026

Grant price per share $0.00 per share Reported grant price for restricted stock award

Shares held after grant 309 shares Total common shares directly owned after transaction

Restriction Period end date October 1, 2026 Latest possible end of Restriction Period, unless earlier annual meeting

Key Terms

restricted stock award, Restriction Period, 2024 Non-Employee Director Long Term Incentive Plan, forfeited and transferred back to the Company

4 terms

restricted stock award financial

"was granted a restricted stock award consisting of 309 shares of common stock"

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.

Restriction Period financial

"are subject to a Restriction Period that ends on the earlier of October 1, 2026"

2024 Non-Employee Director Long Term Incentive Plan financial

"granted pursuant to the Company's 2024 Non-Employee Director Long Term Incentive Plan"

forfeited and transferred back to the Company financial

"the shares may be forfeited and transferred back to the Company"

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/06/2026 - 04:47 PM Accepted by SEC EDGAR 07/06/2026 - 04:47 PM Learn about SEC filing dates

FAQ

What did ePlus (PLUS) director John Mark Lutz report in this Form 4?

John Mark Lutz reported receiving a grant of 309 shares of ePlus common stock as a restricted stock award. The grant was made under the 2024 Non-Employee Director Long Term Incentive Plan with vesting restrictions tied to future dates and events.

How many ePlus (PLUS) shares did John Mark Lutz acquire and at what price?

John Mark Lutz acquired 309 shares of ePlus common stock through a restricted stock award at a reported price of $0.00 per share. This reflects a compensation grant, not an open-market purchase, and leaves him holding 309 shares directly after the transaction.

What is the restriction period on John Mark Lutz’s ePlus (PLUS) restricted shares?

The Restriction Period on John Mark Lutz’s 309 Restricted Shares ends on the earlier of October 1, 2026, or the date of ePlus’s next annual stockholder meeting after the grant. During this period, the shares are subject to plan-based conditions and potential forfeiture.

Under what plan were the 309 ePlus (PLUS) Restricted Shares granted to John Mark Lutz?

The 309 Restricted Shares were granted under ePlus’s 2024 Non-Employee Director Long Term Incentive Plan. This plan governs director equity awards, including the terms of the Restriction Period, potential lapse of restrictions, and scenarios where shares may be forfeited to the company.

Can John Mark Lutz’s ePlus (PLUS) restricted shares be forfeited?

Yes. The footnote explains that, as described in the 2024 Non-Employee Director Long Term Incentive Plan, the Restricted Shares may under certain circumstances be forfeited and transferred back to ePlus, even though restrictions typically lapse at the end of the defined Restriction Period.

Is John Mark Lutz’s ePlus (PLUS) Form 4 transaction a market purchase or sale?

No, it is not a market trade. The Form 4 shows an “A” code grant of 309 restricted shares as compensation, with a $0.00 per-share value, rather than an open-market purchase or sale on an exchange, so it reflects equity-based director compensation.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Lutz John Mark

(Last) (First) (Middle)

13595 DULLES TECHNOLOGY DR

(Street)

HERNDON VIRGINIA 20171

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
EPLUS INC [ PLUS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/06/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/06/2026		A		309(1)	A	$0	309	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 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.

	/s/ John M. Lutz	07/06/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)