EPLUS INC·4

Jun 10, 5:23 PM ET

MARRON MARK P 4

Research Summary

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EPLUS CEO Mark P. Marron Withholds 3,031 Shares for Taxes

What Happened

  • Mark P. Marron, CEO of EPLUS Inc. (PLUS), had 3,031 shares withheld to satisfy tax liabilities arising from the partial vesting of a restricted stock award. The shares were valued at $82.15 each, totaling $248,997. The transaction is reported under code F (tax withholding/disposition).

Key Details

  • Transaction date: 2026-06-10; Form 4 filed with accession 0001022408-26-000033.
  • Shares withheld/disposed: 3,031 at $82.15 per share — total value reported $248,997.
  • Transaction code: F (shares withheld to pay tax liability from RSU vesting).
  • Footnote F1: Withholding relates to partial vesting of an RSU granted June 10, 2025 (originally reported on June 11, 2025).
  • Footnote F2: The shares are held in a revocable trust of which Marron and his spouse are sole trustees and beneficiaries.
  • Shares owned after the transaction: not specified in the provided filing.
  • Filing timeliness: Reported on the same date as the transaction (no late filing indicated).

Context

  • This is a routine tax-withholding event tied to RSU vesting (often called “sell-to-cover” or shares withheld); it is not an open-market sale intended as a market-timing signal.
  • Such transactions are administrative — they reflect tax obligations from a grant vesting rather than a discretionary sale or purchase by the insider.