Form 4: ePlus CFO Elaine Marion Reports Tax-Related Share Withholding
Statement of Changes in Beneficial Ownership
ePlus Inc. CFO Elaine D. Marion reported the withholding of 1,860 shares to cover tax liabilities associated with a restricted stock award vesting.
Summary
- CFO Elaine D. Marion disposed of 1,860 shares of ePlus Inc. (PLUS) common stock on June 10, 2026.
- The transaction was executed at a price of $82.15 per share.
- The disposal was a mandatory tax withholding event related to the partial vesting of a restricted stock award granted on June 10, 2025.
- Following this transaction, the CFO maintains direct ownership of 37,115 shares, with additional indirect holdings of 78,621 shares in a trust and 424 shares in an IRA.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as it represents a routine administrative tax compliance action by an executive.
Positives
- The transaction was a routine administrative tax withholding event rather than a discretionary open-market sale.
- The reporting person retains a significant equity stake in the company, signaling continued alignment with shareholder interests.
Negatives
- The transaction results in a minor reduction in the direct beneficial ownership of the CFO.
Risks
- None identified; this is a standard regulatory disclosure for executive compensation tax compliance.
Future Outlook
No forward-looking guidance or strategic outlook provided in this filing.
Industry Context
StockSavvy.ai notes that this filing is a routine regulatory disclosure common among publicly traded companies, reflecting standard executive compensation practices rather than a change in corporate strategy or market outlook.
Comparison to Industry Standards
- The transaction aligns with standard corporate governance practices for handling tax liabilities arising from equity-based compensation vesting.
Stakeholder Impact
- Minimal impact on shareholders as the transaction is a non-discretionary tax withholding event.
Key Dates
| Date | Description |
|---|---|
| 06/10/2025 | Original grant date of the restricted stock award. |
| 06/10/2026 | Date of the reported transaction involving share withholding. |
Keywords
ePlus, PLUS, Form 4, Insider Trading, CFO, Tax Withholding, Equity Compensation
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