Form 4: ePlus CFO Transfers Shares to Trust, Retains Beneficial Ownership

ePlus Chief Financial Officer Elaine D. Marion transferred 14,179 shares of common stock to a revocable trust, maintaining beneficial ownership.

Summary

• Elaine D. Marion, Chief Financial Officer of ePlus inc. (PLUS), reported a transaction involving the company's common stock.
• On June 30, 2025, 14,179 shares of ePlus common stock were transferred from an account directly owned by Ms. Marion to the Elaine D. Marion Trust.
• The transfer was made for no consideration, valued at $0.
• Ms. Marion remains the beneficial owner of the securities held by the trust, as she and her spouse are the sole trustees and beneficiaries of the revocable trust.
• Following the transaction, Ms. Marion directly owns 38,975 shares, indirectly owns 78,621 shares through the Elaine D. Marion Trust, and 424 shares through an IRA.

Sentiment

Score: 5

Explanation: The transaction is a neutral event, a routine transfer of shares to a trust for estate planning purposes, with no direct positive or negative implications for the company's financial performance or outlook.

Positives

• The transaction indicates a long-term holding intent by the Chief Financial Officer, as shares were transferred to a trust for estate planning purposes rather than being sold.

Negatives

• No negative implications are directly associated with this specific transaction, as it was a transfer of ownership form rather than a sale for consideration.

Risks

• No specific risks related to the company's operations, financial health, or future prospects were disclosed in this Form 4 filing.

Future Outlook

No forward-looking statements or guidance regarding the company's future performance or outlook were provided in this Form 4 filing.

Industry Context

This filing is a routine insider transaction report, which primarily serves compliance purposes and does not typically provide insights into broader industry trends or competitive dynamics. It reflects an executive's personal asset management strategy.

Related Party Transactions

• The reporting person, Elaine D. Marion, transferred shares to the Elaine D. Marion Trust, a revocable trust of which she and her spouse are the sole trustees and beneficiaries. This constitutes a transfer to a related entity under her control.

Stakeholder Impact

• Shareholders: Minimal direct impact, as the transaction is a change in the form of ownership rather than a sale, indicating continued beneficial ownership by a key executive.
• Employees, Customers, Suppliers, Creditors: No direct impact on these stakeholders from this specific transaction.

Key Dates

Recommendation

Keywords

ePlus, PLUS, SEC Form 4, Insider Transaction, Stock Transfer, Beneficial Ownership, Chief Financial Officer, Elaine D. Marion, Trust, Corporate Governance