EPLUS Director John E Callies Sells 500 Shares

What Happened
John E. Callies, a director of EPLUS Inc. (PLUS), sold a total of 500 shares on August 14, 2026 in open-market transactions. The filing reports two line items: 499 shares at $88.08 (proceeds $43,954) and 1 share at $88.85 (proceeds $89), for total proceeds of approximately $44,043. The reported transactions are dispositions (code S), i.e., sales.

Key Details

• Transaction date: 2026-08-14 (reported on Form 4 filed 2026-08-17).
• Reported prices: 499 shares @ $88.08 and 1 share @ $88.85; aggregate proceeds ≈ $44,043.
• Footnote: the sale was executed in multiple trades at prices ranging from $87.85 to $88.63 per share; the filing reports a weighted-average price and offers to provide full trade-level details on request (Footnote F1).
• Shares owned after the transaction: not specified in the provided filing.
• Filing timeliness: filed 2026-08-17 for an 08-14 trade; filing appears within the standard 2-business-day Form 4 window (not marked late).
• No 10b5-1 plan, option exercise, gift, or tax-withholding notation is indicated in the provided details.

Context

• This was a straightforward sale by a company director. Sales are common and can be for many reasons (portfolio management, liquidity needs, etc.); they do not by themselves prove a change in the director’s view of the company.
• No derivative exercises or awards were reported in this filing.