Marion Elaine D 4
4 · EPLUS INC · Filed Jun 17, 2026
Research Summary
AI-generated summary of this filing
ePlus (PLUS) CFO Marion Elaine D Receives Stock Awards
What Happened
- Marion Elaine D, Chief Financial Officer of ePlus, reported awards and a tax-withholding disposition on June 15, 2026. She had 3,981 shares issued upon settlement of performance share units (PSUs) (recorded at $0.00 as an award) and was granted 16,247 restricted shares (also recorded at $0.00). To cover tax liabilities from the PSU settlement, 1,794 shares were withheld/disposed at $83.09 per share for a total withholding value of $149,063.
- These transactions are awards/grants (code A) and a tax withholding (code F), not open-market purchases or sales by the insider.
Key Details
- Transaction date: June 15, 2026; Form 4 filed June 17, 2026 (timely filing).
- Awarded: 3,981 shares (PSUs settled) and 16,247 restricted shares; both reported at $0.00 per share in the filing.
- Withheld/Disposed: 1,794 shares at $83.09 each, total $149,063 (to satisfy tax withholding on PSU settlement).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes: F1 — PSU shares vested after Compensation Committee certified performance; F2 — shares withheld to pay tax liability; F3 — restricted shares vest one-third on 3/18/27, 3/16/28, and 3/15/29 (may be forfeited under certain conditions); F4 — some shares held in a revocable trust of which the reporting person and spouse are trustees/beneficiaries.
Context
- The PSU settlement reflects performance-based compensation being converted into common shares after certification — a routine executive compensation event. The 1,794-share disposal was a tax-withholding action (administrative), not an open-market sale indicating investment intent.
- The 16,247 restricted shares are subject to multi-year vesting (one-third per year), so they are not immediately tradable unless restrictions lapse.
Insider Transaction Report
Form 4
EPLUS INCPLUS
Marion Elaine D
CHIEF FINANCIAL OFFICER
Transactions
- Award
Common Stock
[F1]2026-06-15+3,981→ 35,562 total - Tax Payment
Common Stock
[F2]2026-06-15$83.09/sh−1,794$149,063→ 33,768 total - Award
Common Stock
[F3]2026-06-15+16,247→ 50,015 total
Holdings
- 78,621(indirect: By Trust)
Common Stock
[F4] - 424(indirect: By IRA)
Common Stock
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 16,247 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 her spouse are the sole trustees and beneficiaries.
Signature
/s/ Elaine D. Marion|2026-06-17