Form 4: ePlus CFO Elaine Marion Reports Stock Tax Withholding
Statement of Changes in Beneficial Ownership
ePlus CFO Elaine Marion reported the withholding of 5,534 shares to cover tax liabilities related to restricted stock vesting.
Summary
- Elaine D. Marion, Chief Financial Officer of ePlus Inc., reported the disposition of 5,534 shares of common stock.
- The transaction occurred on June 14, 2026, at a price of $83.19 per share.
- The shares were withheld by the company to satisfy tax obligations resulting from the vesting of restricted stock awards.
- Following these transactions, the reporting person maintains direct ownership of 31,581 shares, with additional indirect holdings in a trust and an IRA.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as the share reduction is strictly for tax compliance and does not indicate a discretionary sale of stock by the executive.
Positives
- The transaction reflects the vesting of previously granted equity compensation, indicating ongoing alignment between executive incentives and shareholder interests.
Negatives
- The transaction represents a reduction in the direct share ownership of the CFO, though it is purely for tax compliance purposes.
Risks
- None identified; this is a routine administrative transaction related to tax withholding.
Future Outlook
Not applicable; this is a retrospective disclosure of a completed transaction.
Management Comments
- The transactions represent shares withheld for payment of tax liability arising from the partial vesting of restricted stock awards.
Industry Context
StockSavvy.ai notes that routine tax withholding transactions by C-suite executives are standard corporate governance practices and do not typically signal a change in management sentiment regarding company performance.
Comparison to Industry Standards
- The transaction follows standard SEC reporting requirements for executive equity compensation.
- The use of 'sell-to-cover' or share withholding for tax liabilities is a common practice among publicly traded companies to manage executive tax obligations.
Stakeholder Impact
- Minimal impact on shareholders as the transaction is a routine tax-related equity adjustment.
Next Steps
- No future actions required by the reporting person regarding this specific transaction.
Key Dates
| Date | Description |
|---|---|
| 06/14/2026 | Date of the transaction involving the withholding of shares for tax purposes. |
| 06/15/2026 | Date the Form 4 was signed and filed. |
Keywords
ePlus, PLUS, Form 4, Insider Trading, CFO, Equity Compensation, Tax Withholding
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