Form 4: ePlus Inc. CEO Transfers Shares to Trust
SEC Form 4 Filing
CEO Mark P. Marron transferred 24,061 shares of ePlus Inc. common stock to the Mark P. Marron Trust on June 25, 2024.
Summary
- On June 25, 2024, Mark P. Marron, CEO of ePlus Inc., transferred 24,061 shares of ePlus Inc. common stock from a personal account to the Mark P. Marron Trust for no consideration.
- Following the transaction, Mr. Marron directly owns 69,030 shares and indirectly owns 128,088 shares through the trust.
- Mr. Marron and his spouse are the sole trustees and beneficiaries of the revocable trust, and he remains the beneficial owner of the securities held by the trust.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing regarding a stock transfer. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction itself is unlikely to have a significant impact on stakeholders, as it is a transfer of shares to a trust controlled by the CEO.
Key Dates
| Date | Description |
|---|---|
| 06/25/2024 | Date of stock transfer to the Mark P. Marron Trust |
| 06/27/2024 | Date of signature on the Form 4 filing |
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