Marion Elaine D 4

What Happened

• Marion Elaine D, Chief Financial Officer of EPLUS Inc. (PLUS), had 5,534 shares withheld and disposed to satisfy tax withholding related to the partial vesting of restricted stock awards. The shares were withheld in two blocks: 2,742 shares and 2,792 shares, each at $83.19, yielding proceeds of $228,107 and $232,266 respectively (total ≈ $460,373). This is a tax-withholding disposition (routine) rather than an open-market sale reflecting a change in ownership intent.

Key Details

• Transaction date: June 14, 2026; Form 4 filed June 15, 2026 (timely filing).
• Prices: $83.19 per share for both withholding transactions.
• Shares disposed: 2,742 and 2,792 (total 5,534).
• Total value withheld/disposed: $228,107 and $232,266 (total ≈ $460,373).
• Reason: Tax withholding for partial vesting of restricted stock awards granted June 14, 2023 (F1) and June 14, 2024 (F2).
• Ownership/holding: The filing notes the shares are held in a revocable trust of which the reporting person and spouse are sole trustees/beneficiaries (F3). The filing does not state total shares owned after these withholdings.
• Transaction code: F — shares withheld to satisfy tax obligations (common, routine).

Context

• This transaction reflects shares surrendered/withheld to cover tax liability on vested restricted stock, not a discretionary open-market sale. Such withholdings are routine and do not necessarily signal the insider's view on the stock.