Accepted (ET)
4:26 PM
Aug 5, 2026
Filed
Aug 5, 2026
Documents
2
Size
31.0 KB
Summary
EPLUS (PLUS) CFO Marion Elaine D Sells 7,182 Shares
What Happened
- Marion Elaine D, Chief Financial Officer of EPLUS Inc. (PLUS), sold a total of 7,182 shares in open-market transactions on August 3–4, 2026, generating aggregate proceeds of approximately $690,286. Individual reported lots: 1,668 shares at $95.12 ($158,659), 1,400 shares at $95.49 ($133,688), 3,504 shares at $96.61 ($338,522), and 610 shares at $97.40 ($59,417). These were disposals (sales), which are often routine when done under a pre-established trading plan.
Key Details
- Transaction dates: Aug 3, 2026 (1,668 sh) and Aug 4, 2026 (1,400; 3,504; 610 sh).
- Reported prices (weighted averages): $95.12, $95.49, $96.61, $97.40; total proceeds ≈ $690,286.
- Sales were effected pursuant to a Rule 10b5-1 trading plan adopted Nov 18, 2025 (Footnote F1).
- Footnotes indicate the trades were executed in multiple fills with price ranges: $95.00–$95.32 (F2), $95.00–$95.91 (F4), $96.07–$97.02 (F5), and $97.07–$97.91 (F6); the filer offers to provide per-trade details on request.
- The filing notes shares are held in a revocable trust of which the reporting person and spouse are sole trustees and beneficiaries (F3).
- Filing: Form 4 filed Aug 5, 2026 reporting Aug 3–4 trades — appears timely (within the typical 2-business-day window).
Context
- Because these sales were made under a pre-established Rule 10b5-1 plan, they are typically viewed as routine transactions that reduce concerns about trading on material nonpublic information; the plan’s existence does not necessarily indicate a change in the officer’s view of the company.
- For retail investors, purchases are generally more informative as a bullish signal; these are sales and therefore less indicative of positive insider sentiment.