MARRON MARK P 4
4 · EPLUS INC · Filed Jun 17, 2026
Research Summary
AI-generated summary of this filing
ePlus (PLUS) CEO Mark Marron Receives Stock Awards
What Happened
ePlus CEO Mark P. Marron was awarded performance-based shares and a restricted stock award on June 15, 2026. The filing shows 9,956 shares issued upon settlement of performance share units (PSUs) (no purchase price) and a grant of 26,477 restricted shares (no purchase price). To satisfy tax withholding on the PSU settlement, 4,488 shares were withheld/disposed at $83.09 per share for a total withholding value of $372,908. Net, Marron received 31,945 additional shares (36,433 granted/settled minus 4,488 withheld).
Key Details
- Transaction date: June 15, 2026; Form 4 filed June 17, 2026 (timely filing).
- Awards: 9,956 shares from vested PSUs (performance goal certified) and 26,477 restricted shares granted. Grant/settlement price = $0.00.
- Tax withholding: 4,488 shares withheld (disposed) at $83.09/share = $372,908 (coded F: tax withholding).
- Vesting on restricted shares: one-third vests on each of Mar 18, 2027; Mar 16, 2028; Mar 15, 2029 (restrictions may lapse or shares be forfeited per plan).
- Shares are held in a revocable trust of which the reporting person and spouse are trustees/beneficiaries (footnote).
- Net share increase from these transactions: +31,945 shares. The filing does not disclose Marron’s total shares owned after this transaction.
Context
- The 9,956 shares resulted from vested PSUs (performance targets certified by the Compensation Committee); the 26,477 shares are a time‑based restricted stock award, not an open‑market purchase.
- The 4,488‑share disposition is a routine, cashless tax withholding to cover tax liabilities on the PSU settlement (common for equity compensation) and should not be read as a voluntary sale.
- These are insider awards and withholding actions, not trades that signal buying/selling conviction in the open market.
Insider Transaction Report
Form 4
EPLUS INCPLUS
MARRON MARK P
DirectorCHIEF EXECUTIVE OFFICER
Transactions
- Award
Common Stock
[F1]2026-06-15+9,956→ 60,286 total - Tax Payment
Common Stock
[F2]2026-06-15$83.09/sh−4,488$372,908→ 55,798 total - Award
Common Stock
[F3]2026-06-15+26,477→ 82,275 total
Holdings
- 143,798(indirect: By Trust)
Common Stock
[F4]
Footnotes (4)
- [F1]Represents shares of ePlus inc. (the "Company") common stock for performance share units ("PSUs") granted to the reporting person on June 15, 2026, under the 2021 Employee Long-Term Incentive Plan (the "Plan"). The performance-vesting restrictions with respect to these shares were released upon certification of performance goal attainment by the Compensation Committee of ePlus' Board of Directors (the "Compensation Committee").
- [F2]Represents shares withheld for payment of tax liability arising as a result of the vesting and settlement of the PSUs on June 15, 2026.
- [F3]On June 15, 2026, the reporting person was granted a restricted stock award consisting of 26,477 shares of common stock of the Company (the "Restricted Shares"). The Restricted Shares were granted by the Compensation Committee, pursuant to the Plan. The Restricted Shares are subject to a restriction period, with one-third of the Restricted Shares vesting on each of March 18, 2027, March 16, 2028, and March 15, 2029. As more fully described in the Plan, under certain circumstances the restrictions may lapse, or the shares may be forfeited and transferred back to the Company.
- [F4]These shares of common stock are held in a revocable trust, of which the reporting person and his spouse are the sole trustees and beneficiaries.
Signature
/s/ Mark P. Marron|2026-06-17