Form 4: EPLUS CFO Elaine Marion Reports Routine Tax-Related Stock Disposition

EPLUS Inc.'s Chief Financial Officer, Elaine D. Marion, reported the disposition of 2,314 shares of common stock to cover tax liabilities arising from the partial vesting of a restricted stock award.

Summary

• EPLUS Inc. Chief Financial Officer, Elaine D. Marion, filed a Form 4 reporting a transaction on June 8, 2025.
• The transaction involved the disposition of 2,314 shares of common stock at a price of $71.11 per share.
• These shares were withheld for the payment of tax liability resulting from the partial vesting of a restricted stock award.
• The original restricted stock award was granted on June 8, 2022, and previously reported on a Form 4 filed on June 10, 2022.
• Following this transaction, Elaine D. Marion directly beneficially owns 40,046 shares of Common Stock.
• Additionally, she indirectly beneficially owns 64,442 shares through the Elaine D. Marion Trust and 424 shares through an IRA.
• The Elaine D. Marion Trust is a revocable trust where the reporting person and her spouse are the sole trustees and beneficiaries.

Sentiment

Score: 5

Explanation: The Form 4 reports a routine, non-discretionary disposition of shares for tax withholding purposes upon the vesting of a restricted stock award, which is a standard practice for executive compensation and does not indicate a positive or negative sentiment regarding the company's performance or outlook.

Positives

• The disposition of shares is a result of the partial vesting of a restricted stock award, indicating that executive compensation is being realized.
• The transaction is a routine, non-discretionary event for tax withholding, which is a standard practice for executive compensation.

Negatives

• No negative implications are directly indicated by this routine tax-related disposition of shares.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.

Management Comments

• Elaine D. Marion, Chief Financial Officer, stated that the disposed shares represent those withheld for payment of tax liability arising as a result of the partial vesting of a restricted stock award granted on June 8, 2022.

Industry Context

This Form 4 filing details a routine insider transaction related to executive compensation and tax obligations, which is a common occurrence across publicly traded companies and does not reflect broader industry trends or competitive dynamics.

Stakeholder Impact

• Shareholders: This is a routine transaction with minimal direct impact on shareholders, as it relates to executive compensation and tax compliance rather than operational performance or strategic shifts.
• Employees: No direct impact on general employees is indicated by this filing.

Key Dates

Keywords

EPLUS, PLUS, Form 4, SEC filing, insider transaction, stock disposition, restricted stock, tax withholding, CFO, Elaine Marion, executive compensation