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EPLUS INC·4

Jun 15, 5:14 PM ET

MARRON MARK P 4

Research Summary

AI-generated summary

Updated

EPLUS CEO Mark P. Marron Sells 10,154 Shares (Tax Withholding)

What Happened
Mark P. Marron, CEO of EPLUS Inc. (PLUS), had a total of 10,154 shares withheld to cover tax liabilities arising from the partial vesting of restricted stock awards. The withholding occurred on June 14, 2026, at $83.19 per share: 5,604 shares (worth $466,197) and 4,550 shares (worth $378,515), for a combined value of approximately $844,712. These dispositions were tax-withholding actions tied to vested RSUs, not open-market sell orders.

Key Details

  • Transaction date: June 14, 2026. Report filed: June 15, 2026 (appears timely).
  • Prices: $83.19 per share for both withholding transactions.
  • Shares withheld/disposed: 5,604 shares ($466,197) and 4,550 shares ($378,515); total 10,154 shares (~$844,712).
  • Footnotes:
    • F1: 5,604 shares withheld to pay tax on partial vesting of RSUs granted June 14, 2023.
    • F2: 4,550 shares withheld to pay tax on partial vesting of RSUs granted June 14, 2024.
    • F3: Shares are held in a revocable trust of which the reporting person and spouse are sole trustees/beneficiaries.
  • Shares owned after transaction: Not specified in the provided filing extract.
  • Transaction type code: F = tax withholding (routine), not a market sale order.

Context
These transactions represent shares withheld to satisfy tax obligations when RSUs vested (a common, administrative action). Because the shares were withheld rather than sold in the open market, this activity is generally considered routine and does not necessarily signal management sentiment about the company’s stock price.