Four insiders at ePlus Inc. (NASDAQ:PLUS) have recently sold shares of common stock, exercised in accordance with Rule 16b-3 “Represents shares withheld for payment of tax liability arising as a result of the partial vesting of restricted stock awards granted on June 15, 2011 (3,310 shares withheld), and June 14, 2013 (1,622 shares withheld), and originally reported by the reporting person in a Form 4 filed with the Commission on June 16, 2011, and June 18, 2013,” (SEC).
This $430.77 Million Market Cap IT Services & Consulting Company’s President and Ceo G Phillip Norton has sold 4,932 shares of common stock, at a Price of $57.49 per share. After this transaction, Mr. Norton owns 49,820 shares at the company, in a direct form, and another 718,540 share, by J.A.P. Investment Group, L.P. Chief operating officer P Mark Marron, by his part, sold 3,637 shares, at $57.49 per share, and owns, following this transaction, 55,034 securities, directly. Moreover, Senior Vice President J Steven Mencarini sold 380 shares, at the same price, and holds currently 6,845 shares directly at the company. Last insider to report a transaction is Chief financial officer D Elaine Marion, who currently owns 66,133 shares directly and another 106 shares, which are owned by IRA, and has sold 3,634 shares of common stock, at the same price of $57.49 per share the other three insiders at ePlus Inc. (NASDAQ:PLUS) sold their stock.