BOWEN BRUCE M 4

What Happened
Bruce M. Bowen, a director of EPLUS INC (PLUS), received an award of 283 shares on April 1, 2026. The shares were issued at $0.00 cash value (i.e., received in lieu of cash compensation) under the company's director compensation plan. This was an equity award/compensation issuance rather than an open‑market purchase or sale.

Key Details

• Transaction date: April 1, 2026.
• Transaction type/code: Award/Acquisition (A).
• Shares issued: 283; Price paid: $0.00 (no cash exchanged).
• Filing date: April 3, 2026 (Form 4 accession 0001022408-26-000023) — appears timely.
• Shares owned after transaction: not specified in the provided filing.
• Footnote: Shares were issued pursuant to Mr. Bowen’s election to receive stock in lieu of cash under ePlus’ 2024 Non‑Employee Director Long Term Incentive Plan.

Context
This is routine director compensation (equity granted in lieu of cash) and does not represent a market purchase or sale by the insider. Such awards are common for non‑employee directors and are typically administrative rather than a directional signal about the company’s near‑term prospects.