ePlus Inc. Reports Executive Changes and Compensation Arrangements

Ticker: PLUS · Form: 8-K · Filed: Feb 20, 2024 · CIK: 1022408

Eplus Inc 8-K Filing Summary
FieldDetail
CompanyEplus Inc (PLUS)
Form Type8-K
Filed DateFeb 20, 2024
Risk Levelmedium
Pages2
Reading Time2 min
Sentimentneutral

Sentiment: neutral

Topics: executive-changes, compensation, 8-K

TL;DR

**ePlus Inc. just filed an 8-K about potential executive changes or new compensation deals, so keep an eye on their leadership.**

AI Summary

ePlus inc. filed an 8-K on February 20, 2024, reporting an event that occurred on February 19, 2024. The filing pertains to Item 5.02, which covers the departure or election of directors or officers and compensatory arrangements. This indicates potential changes in leadership or executive compensation at ePlus inc.

Why It Matters

Changes in executive leadership or compensation can signal strategic shifts or financial health, impacting investor confidence and future company direction.

Risk Assessment

Risk Level: medium — Changes in executive leadership or compensation can introduce uncertainty, but the specific details are not yet disclosed in this summary.

Key Players & Entities

  • ePlus inc. (company) — Registrant
  • February 19, 2024 (date) — Date of earliest event reported
  • February 20, 2024 (date) — Filing date
  • 001-34167 (other) — Commission File Number
  • 13595 Dulles Technology Drive Herndon, Virginia 20171-3413 (other) — Business Address

FAQ

What was the earliest event reported in this 8-K filing?

The earliest event reported in this 8-K filing occurred on February 19, 2024.

What is the name of the registrant company?

The registrant company is ePlus inc.

What is the Commission File Number for ePlus inc.?

The Commission File Number for ePlus inc. is 001-34167.

What is the primary item information reported in this 8-K?

The primary item information reported is "Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers" under Item 5.02.

Where is ePlus inc.'s principal executive office located?

ePlus inc.'s principal executive office is located at 13595 Dulles Technology Drive, Herndon, Virginia 20171-3413.

Filing Stats: 524 words · 2 min read · ~2 pages · Grade level 11.4 · Accepted 2024-02-20 17:26:15

Filing Documents

02 Departure of Directors or Certain Officers; Election

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers On Monday, February 19, 2024, Mr. Eric Hovde, a Director of ePlus inc. (the "Company"), notified the Board of Directors (the "Board") of the Company of his resignation from the Board, effective Tuesday, February 20, 2024. Mr. Hovde indicated that his resignation from the Board was not the result of any disagreements with the Company and cited as a reason focusing his efforts on his race for the United outstanding service rendered by Mr. Hovde during his tenure on the Board.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits (d) The following exhibits are filed as part of this report: Exhibit No. Description 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ePlus inc. By: /s/ Elaine D. Marion Elaine D. Marion Chief Financial Officer Date: February 20, 2024

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