Elaine D. Marion - 16 Sep 2024 Form 4 Insider Report for EPLUS INC (PLUS)

Signature
/s/ Elaine D. Marion
Issuer symbol
PLUS
Transactions as of
16 Sep 2024
Net transactions value
-$460,926
Form type
4
Filing time
17 Sep 2024, 17:09:42 UTC
Previous filing
27 Jun 2024
Next filing
10 Jun 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PLUS Common Stock Sale $197,952 -2,161 -3.1% $91.60 67,281 16 Sep 2024 By Elaine D. Marion Trust F1, F2, F3
transaction PLUS Common Stock Sale $232,420 -2,511 -3.7% $92.56 64,770 16 Sep 2024 By Elaine D. Marion Trust F1, F3, F4
transaction PLUS Common Stock Sale $30,554 -328 -0.51% $93.15 64,442 16 Sep 2024 By Elaine D. Marion Trust F1, F3, F5
holding PLUS Common Stock 42,360 16 Sep 2024 Direct
holding PLUS Common Stock 424 16 Sep 2024 By IRA
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The transaction reported on this line was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 14, 2023.
F2 The transaction was executed in multiple trades at prices ranging from $91.00 to $91.96 per share, inclusive. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares purchased and prices at which the transaction was effected.
F3 The shares are held in a revocable trust, of which the reporting person and her spouse are the sole trustees and beneficiaries.
F4 The transaction was executed in multiple trades at prices ranging from $92.00 to $92.99 per share, inclusive. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares purchased and prices at which the transaction was effected.
F5 The transaction was executed in multiple trades at prices ranging from $93.08 to $93.31 per share, inclusive. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares purchased and prices at which the transaction was effected.