Form 4: EPLUS CEO Mark Marron Reports Share Transfers and Gifts for Estate Planning

EPLUS Inc. CEO and Director Mark P. Marron reported a transfer of 21,735 shares to a revocable trust and a gift of 2,600 shares to family trusts, as detailed in a recent SEC Form 4 filing.

Summary

• Mark P. Marron, Chief Executive Officer and Director of EPLUS INC, reported changes in his beneficial ownership of the company's common stock.
• On June 30, 2025, Marron transferred 21,735 shares of ePlus inc. common stock from his direct ownership to the Mark P. Marron Trust for no consideration.
• Following this transfer, Marron directly owned 63,515 shares and indirectly owned 146,398 shares through the Mark P. Marron Trust.
• Also on June 30, 2025, 2,600 shares were gifted from the Mark P. Marron Trust. This gift consisted of 520 shares to each of five trusts established for Mr. Marron's children.
• After all reported transactions, Marron beneficially owns 63,515 shares directly and 143,798 shares indirectly through the Mark P. Marron Trust, totaling 207,313 shares.

Sentiment

Score: 5

Explanation: The document is a factual report of personal insider share transactions, which are neutral in sentiment regarding company performance.

Positives

• The reporting person, Mark P. Marron, remains the beneficial owner of the securities held by the Mark P. Marron Trust, indicating continued alignment of interests with shareholders.
• The transactions appear to be part of orderly estate planning, which can provide long-term stability regarding insider holdings.

Future Outlook

No forward-looking statements or guidance are provided in this Form 4 filing, as it pertains to personal insider transactions.

Management Comments

• "On June 30, 2025, the reporting person transferred 21,735 shares of ePlus inc. common stock from an account owned by the reporting person to the Mark P. Marron Trust for no consideration. The reporting person remains the beneficial owner of the securities held by the trust."
• "The shares are held in a revocable trust, of which the reporting person and his spouse are the sole trustees and beneficiaries."
• "This transaction represents a gift of 520 shares to each of five trusts for Mr. Marron's children, none of whom are a dependent."

Industry Context

This Form 4 filing details personal share transactions by a company insider and does not provide information related to broader industry trends or competitors.

Related Party Transactions

• Transfer of 21,735 shares to the Mark P. Marron Trust, a revocable trust where the reporting person and his spouse are the sole trustees and beneficiaries.
• Gift of 2,600 shares from the Mark P. Marron Trust to five trusts for Mr. Marron's children.

Stakeholder Impact

• Shareholders: Provides transparency regarding the beneficial ownership of a key executive, indicating continued alignment of interests through the retention of beneficial ownership in the trust.

Key Dates

Keywords

EPLUS, PLUS, Mark P. Marron, Form 4, insider transaction, beneficial ownership, share transfer, gift, CEO, Director