ENNIS, INC. — Director's Dealing 2025

May 13, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ENNIS, INC. (EBF)
CIK: 0000033002
Period of Report: 2025-05-12

Reporting Person: BREWER BOYNE WADE (Chief Operating Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-05-12	Common Stock	C	2500	$17.27	Acquired	21684	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-05-12	ISO granted 4/21/2025 (Right-to-Buy)	$17.27	C	2500	Disposed	2035-04-21	Common Stock (2500)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
ISO granted 4/21/2023 (Right-to-Buy)	$19.88		Common Stock (0)	6667	Direct
RSU granted 4/19/2024	$0		Common Stock (0)	7208	Direct

Footnotes

F1: Time-Based Restricted Units granted 4/19/2024 vest as follows: 1) thirty-three percent (33%) vest on April 21, 2025; 2) thirty-three percent (33%) vest on April 20, 2026; and 3) thirty-four percent (34%) vest on April 19, 2027. If the participant does not own Ennis common stock equal to value of 200% of the participant's annual base salary at the time of each vesting date, then the Time-Based Subject Units vesting on that date shall vest as follows: 1) fifty percent (50%) of the Time-Based Subject Units shall convert to incentive stock options with two incentive stock options issued for each Subject Unit.

F2: Option Contract expires ten years from date of grant, and provides that shares will become exercisable 1/3 annually commencing on the first anniversary of grant. All option contracts are granted at market price on date of grant.

F3: Option Contract expires ten years from date of grant and is immediately exercisable. All option contracts are granted at market price on date of grant.