Form 4: ePlus General Counsel Receives Restricted Stock Award
Statement of Changes in Beneficial Ownership
General Counsel Erica Steinacker was granted 1,323 restricted shares of ePlus Inc. common stock.
Summary
- Erica Steinacker, General Counsel of ePlus Inc., received a grant of 1,323 restricted shares of common stock on June 15, 2026.
- The shares were granted under the company's equity incentive plan.
- The award is subject to a multi-year vesting schedule.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine administrative filing regarding executive compensation with no material impact on company operations or financial outlook.
Positives
- Alignment of executive interests with long-term shareholder value through equity-based compensation.
Negatives
- None identified; this is a standard executive compensation disclosure.
Risks
- Potential forfeiture of shares if specific employment conditions or vesting requirements are not met.
Future Outlook
The shares will vest in three equal annual installments on March 18, 2027, March 16, 2028, and March 15, 2029, provided the reporting person remains with the company.
Industry Context
StockSavvy.ai notes that equity grants to key executives are standard corporate governance practices designed to retain talent and incentivize long-term performance within the IT solutions and services sector.
Comparison to Industry Standards
- The use of restricted stock units (RSUs) with a three-year vesting schedule is consistent with standard executive compensation packages for mid-cap technology firms.
Stakeholder Impact
- Minimal impact on shareholders as this is a standard equity incentive grant.
Next Steps
- Vesting of the first tranche of 441 shares on March 18, 2027.
Key Dates
| Date | Description |
|---|---|
| 06/15/2026 | Date of restricted stock grant transaction. |
| 06/17/2026 | Date of filing. |
| 03/18/2027 | First tranche of restricted shares vests. |
| 03/16/2028 | Second tranche of restricted shares vests. |
| 03/15/2029 | Final tranche of restricted shares vests. |
Keywords
ePlus, PLUS, Form 4, Insider Trading, Executive Compensation, Restricted Stock
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.