EPLUS INC·4

Jan 21, 4:41 PM ET

Portegello Michael Joseph 4

4 · EPLUS INC · Filed Jan 21, 2026

Research Summary

AI-generated summary of this filing

Updated

ePlus (PLUS) Director Michael Portegello Receives Restricted Stock Award

What Happened

  • Michael Joseph Portegello, newly appointed director of ePlus, was granted 894 restricted shares of common stock on January 5, 2026. The grant was recorded at $0.00 (typical for restricted awards) and is reported as an Award/Grant (code A) on Form 4. This is a non-cash equity award rather than an open-market purchase or sale.

Key Details

  • Transaction date: January 5, 2026; Filing date: January 21, 2026 (filing appears late relative to the usual 2-business-day Form 4 deadline) — transactionTimeliness = 'L'.
  • Grant: 894 restricted shares; reported acquisition price $0.00.
  • Shares owned after transaction: not specified in the filing.
  • Award plan: granted under the Company’s 2024 Non-Employee Director Long Term Incentive Plan.
  • Restriction/Vesting: restrictions lapse on the earlier of October 1, 2026, or the Company’s next annual stockholder meeting after the grant; restrictions may also lapse under other circumstances or the shares may be forfeited per the Plan.

Context

  • This is a standard director compensation award intended to align a new director with shareholder interests; it is not an open-market purchase or sale. The award is subject to a restriction/vesting period, so the shares are not freely tradable until the restrictions lapse.

Insider Transaction Report

Form 4
Period: 2026-01-05
Transactions
  • Award

    Common Stock

    [F1]
    2026-01-05+894894 total
Footnotes (1)
  • [F1]On January 5, 2026, Mr. Portegello, a newly appointed director of ePlus inc. (the "Company") was granted a restricted stock award consisting of 894 shares of common stock of the Company (the "Restricted Shares"). The Restricted Shares were granted pursuant to the Company's 2024 Non-Employee Director Long Term Incentive Plan (the "Plan") and are subject to a Restriction Period that ends on the earlier of October 1, 2026, or the date of the Company's annual stockholder meeting that next follows after the date that the Award was granted (the "Restriction Period"). As more fully described in the Plan, under certain other circumstances the restrictions may lapse, or the shares may be forfeited and transferred back to the Company.
Signature
/s/ Michael Joseph Portegello|2026-01-21

Documents

1 file
  • 4
    form4.xmlPrimary