ENNIS, INC. — Director's Dealing 2025

Apr 23, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ENNIS, INC. (EBF)
CIK: 0000033002
Period of Report: 2025-04-21

Reporting Person: BURNETT VERA (CFO and Treasurer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-04-21	Common Stock	M	1802	—	Acquired	27522	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-04-21	RSU granted 4/19/2024	$0	M	3603	Disposed		Common Stock (3603)	Direct
2025-04-21	ISO granted 4/21/2025	$17.27	A	3603	Acquired		Common Stock (3603)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
ISO granted 4/21/2023	$19.88		Common Stock (6667)	6667	Direct
RSU granted 4/19/2024	$0		Common Stock (10811)	17478	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.