Form 4: EPLUS CEO Mark Marron Reports Routine Stock Disposition for Tax Obligations

EPLUS Inc. CEO Mark P. Marron has reported the disposition of 3,771 shares of common stock at $71.11 per share to cover tax liabilities related to the vesting of a restricted stock award.

Summary

• Mark P. Marron, Chief Executive Officer and Director of EPLUS Inc. (PLUS), reported a transaction on June 8, 2025.
• The transaction involved the disposition of 3,771 shares of EPLUS common stock.
• The shares were disposed of at a price of $71.11 per share.
• This disposition was for the purpose of withholding shares to cover tax liabilities arising from the partial vesting of a restricted stock award.
• The restricted stock award was originally granted on June 8, 2022.
• Following this transaction, Mr. Marron directly beneficially owns 65,259 shares of common stock.
• Additionally, 124,663 shares are indirectly beneficially owned through the Mark P. Marron Trust, where he and his spouse are the sole trustees and beneficiaries.

Sentiment

Score: 6

Explanation: The transaction is a routine disposition of shares to cover tax obligations related to the vesting of a restricted stock award, indicating earned compensation rather than a discretionary sale. This is generally neutral to slightly positive as it confirms compensation vesting.

Positives

• The transaction indicates the vesting of a restricted stock award, which is a positive event for the executive as it represents earned compensation.
• The disposition is a routine tax-related event, not a discretionary sale, suggesting no negative sentiment from the insider regarding the company's future.

Future Outlook

No forward-looking statements or guidance are provided in this Form 4 filing.

Industry Context

This Form 4 filing details a routine insider transaction related to executive compensation and does not provide information for broader industry trend analysis or competitive positioning.

Related Party Transactions

• Disposition of shares by CEO Mark P. Marron to EPLUS Inc. for tax withholding related to restricted stock vesting.
• Indirect beneficial ownership of shares through the Mark P. Marron Trust, where the reporting person and his spouse are the sole trustees and beneficiaries.

Stakeholder Impact

• Shareholders: Minimal direct impact as it is a routine tax-related transaction, not a significant discretionary sale or purchase. It confirms executive compensation vesting.
• Employees: No direct impact mentioned.
• Customers/Suppliers/Creditors: No direct impact mentioned.

Key Dates

Keywords

EPLUS Inc., PLUS, Mark P. Marron, CEO, Director, Form 4, insider transaction, stock disposition, restricted stock award, tax withholding, beneficial ownership