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Ownership Document
|
| Schema Version: X0508 |
| Document Type: 4 |
| Period of Report: 3/15/24 |
| Issuer: |
| Issuer CIK: 1022408 |
| Issuer Name: EPLUS INC |
| Issuer Trading Symbol: PLUS |
| Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1444430 |
| | Owner Name: Marion Elaine D |
| Reporting Owner Address: |
| | Owner Street 1: 13595 DULLES TECHNOLOGY DRIVE |
| | Owner Street 2: |
| | Owner City: HERNDON |
| | Owner State: VA |
| | Owner ZIP Code: 20171-3413 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Officer? Yes |
| | Officer Title: Chief Financial Officer |
| Aff 10b5 One? Yes |
| Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 3/15/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: S |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 3,927 |
| Footnote ID: F1 |
| | | Transaction Price Per Share: |
| Value: 77.8369 |
| Footnote ID: F2 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 60,069 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: I |
| | | Nature of Ownership: |
| Value: By Elaine D. Marion Trust |
| Footnote ID: F3 |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 3/15/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: S |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 1,073 |
| Footnote ID: F1 |
| | | Transaction Price Per Share: |
| Value: 78.7298 |
| Footnote ID: F4 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 58,996 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: I |
| | | Nature of Ownership: |
| Value: By Elaine D. Marion Trust |
| Non-Derivative Holding: |
| | Security Title: |
| | | Value: Common Stock |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 48,202 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Non-Derivative Holding: |
| | Security Title: |
| | | Value: Common Stock |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 424 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: I |
| | | Nature of Ownership: |
| Value: By IRA |
| Footnotes: |
| Footnote - F1: The transactions reported in this Form 4 were all effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 14, 2023. |
| Footnote - F2: The transaction was executed in multiple trades at prices ranging from $77.32 to $78.28 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. |
| Footnote - F3: The reporting person is a trustee and a beneficiary of the trust. |
| Footnote - F4: The transaction was executed in multiple trades at prices ranging from $78.32 to $79.29 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. |
| Owner Signature: |
| Signature Name: /s/ ELAINE D. MARION |
| Signature Date: 3/19/24 |
