Form 4: EPLUS CEO Mark Marron Reports Routine Tax-Related Stock Dispositions
Insider Transaction Report
EPLUS Inc. CEO Mark P. Marron reported the disposition of common stock shares on June 14, 2025, primarily for tax withholding purposes related to the vesting of restricted stock awards.
Summary
- Mark P. Marron, Chief Executive Officer and Director of EPLUS INC, filed a Form 4 reporting changes in his beneficial ownership.
- On June 14, 2025, Mr. Marron disposed of 5,678 shares of Common Stock at a price of $68.94 per share.
- This disposition was for the payment of tax liability arising from the partial vesting of a restricted stock award granted on June 14, 2023.
- Additionally, on the same date, Mr. Marron disposed of 4,550 shares of Common Stock, also at $68.94 per share.
- This second disposition was for tax liability related to the partial vesting of a restricted stock award granted on June 14, 2024.
- Following these transactions, Mr. Marron directly beneficially owns 89,800 shares and 85,250 shares of Common Stock.
- He also indirectly beneficially owns 124,663 shares of Common Stock through the Mark P. Marron Trust, where he and his spouse are the sole trustees and beneficiaries.
Sentiment
Score: 5
Explanation: The filing reports a routine tax-related disposition of shares upon restricted stock vesting, which is a neutral event for company operations or financial health and does not indicate a change in insider sentiment.
Future Outlook
This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.
Industry Context
This filing is a routine insider transaction report specific to an individual executive's compensation and tax obligations, and as such, it does not provide broader insights into industry trends or competitive dynamics.
Related Party Transactions
- Mark P. Marron indirectly owns 124,663 shares of Common Stock through the Mark P. Marron Trust, a revocable trust where he and his spouse are the sole trustees and beneficiaries.
Stakeholder Impact
- Shareholders: Neutral impact, as this is a routine tax-related transaction by an insider and not indicative of a change in confidence or company performance.
- Employees: No direct impact indicated by this filing.
- Customers: No direct impact indicated by this filing.
- Suppliers: No direct impact indicated by this filing.
- Creditors: No direct impact indicated by this filing.
Key Dates
| Date | Description |
|---|---|
| 06/14/2023 | Grant date of a restricted stock award to Mark P. Marron. |
| 06/16/2023 | Date of original Form 4 filing reporting the restricted stock award granted on June 14, 2023. |
| 06/14/2024 | Grant date of a restricted stock award to Mark P. Marron. |
| 06/18/2024 | Date of original Form 4 filing reporting the restricted stock award granted on June 14, 2024. |
| 06/14/2025 | Transaction date for the disposition of shares for tax withholding purposes. |
| 06/17/2025 | Signature date of the current Form 4 filing. |
Keywords
EPLUS INC, PLUS, Mark P. Marron, Form 4, Insider Transaction, Stock Disposition, Restricted Stock Award, Tax Withholding, CEO, Director
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