Portegello Michael Joseph 4

What Happened

• Michael Joseph Portegello, newly appointed director of ePlus, was granted 894 restricted shares of common stock on January 5, 2026. The grant was recorded at $0.00 (typical for restricted awards) and is reported as an Award/Grant (code A) on Form 4. This is a non-cash equity award rather than an open-market purchase or sale.

Key Details

• Transaction date: January 5, 2026; Filing date: January 21, 2026 (filing appears late relative to the usual 2-business-day Form 4 deadline) — transactionTimeliness = 'L'.
• Grant: 894 restricted shares; reported acquisition price $0.00.
• Shares owned after transaction: not specified in the filing.
• Award plan: granted under the Company’s 2024 Non-Employee Director Long Term Incentive Plan.
• Restriction/Vesting: restrictions lapse on the earlier of October 1, 2026, or the Company’s next annual stockholder meeting after the grant; restrictions may also lapse under other circumstances or the shares may be forfeited per the Plan.

Context

• This is a standard director compensation award intended to align a new director with shareholder interests; it is not an open-market purchase or sale. The award is subject to a restriction/vesting period, so the shares are not freely tradable until the restrictions lapse.