ePlus COO sells 1,284 shares in planned trades

Q: What insider transactions did ePlus (PLUS) report for Darren S. Raiguel?

ePlus reported that COO Darren S. Raiguel’s trust sold 1,284 shares of common stock in open-market trades on May 8 and May 11, 2026. These transactions were disclosed in a Form 4 insider trading report.

Q: Were Darren S. Raiguel’s ePlus (PLUS) stock sales pre-planned?

Yes. The Form 4 states the transactions were made under a Rule 10b5-1 trading plan adopted on November 10, 2025. Such plans allow insiders to pre-schedule trades, helping separate routine portfolio moves from discretionary timing decisions.

Q: Who technically owns the ePlus (PLUS) shares sold in this Form 4?

The sold shares were held by a revocable trust for which Darren S. Raiguel and his spouse serve as sole trustees and beneficiaries. The transactions are therefore attributed to the Darren S. Raiguel Trust as the indirect owner of the common stock.

Q: How many total sale transactions did ePlus (PLUS) disclose for Raiguel?

The Form 4 transaction summary shows six sale transactions of common stock totaling 1,284 shares. All were coded as open-market or private sale transactions and were executed over the two trading days reported.

Filing Impact

(Moderate)

Filing Sentiment

(Negative)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment works How the balance works

Form Type

Rhea-AI Filing Summary

ePlus Inc. chief operating officer Darren S. Raiguel, through the Darren S. Raiguel Trust, reported open-market sales of 1,284 shares of ePlus common stock on May 8 and May 11, 2026, at prices around $88.50–$91.78 per share under a pre-arranged Rule 10b5-1 trading plan. After these trades, the trust held 55,748 shares indirectly, and Raiguel also had a separate direct holding of 39,531 shares of common stock.

Insider Trade Summary 10b5-1

Net Seller: 1,284 shares

Net Sell 7 txns

Insider RAIGUEL DARREN S

Role CHIEF OPERATING OFFICER

Sold 1,284 shs ($115K)

Type	Security	Shares	Price	Value
Sale	Common Stock	374	$88.8536	$33K
Sale	Common Stock	450	$90.1427	$41K
Sale	Common Stock	176	$91.775	$16K
Sale	Common Stock	71	$88.5031	$6K
Sale	Common Stock	157	$89.3728	$14K
Sale	Common Stock	56	$90.1963	$5K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 55,748 shares (Indirect, By Darren S. Raiguel Trust); Common Stock — 39,531 shares (Direct)

Footnotes (8)

F1. The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 10, 2025.
F2. The transaction was executed in multiple trades at prices ranging from $88.02 to $89.01 per share, inclusive. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares purchased and prices at which the transaction was effected.
F3. The shares are held in a revocable trust, of which the reporting person and his spouse are the sole trustees and beneficiaries.
F4. The transaction was executed in multiple trades at prices ranging from $89.02 to $89.99 per share, inclusive. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares purchased and prices at which the transaction was effected.
F5. The transaction was executed in multiple trades at prices ranging from $90.02 to $90.34 per share, inclusive. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares purchased and prices at which the transaction was effected.
F6. The transaction was executed in multiple trades at prices ranging from $88.41 to $89.16 per share, inclusive. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares purchased and prices at which the transaction was effected.
F7. The transaction was executed in multiple trades at prices ranging from $89.75 to $90.50 per share, inclusive. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares purchased and prices at which the transaction was effected.
F8. The transaction was executed in multiple trades at prices ranging from $91.77 to $91.78 per share, inclusive. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares purchased and prices at which the transaction was effected.

Key Figures

Shares sold: 1,284 shares Sale price range: $88.02–$91.78 per share Largest reported sale price: $91.7750 per share +3 more

6 metrics

Shares sold 1,284 shares Total common shares sold by trust on May 8 and 11, 2026

Sale price range $88.02–$91.78 per share Price ranges disclosed in multiple-trade footnotes

Largest reported sale price $91.7750 per share Weighted average price for 176-share sale on May 11, 2026

Indirect holdings after sales 55,748 shares Common stock held by Darren S. Raiguel Trust after transactions

Direct holdings entry 39,531 shares Common stock directly held as of May 8, 2026

Sale transactions count 6 transactions Non-derivative open-market sales in Form 4 transaction summary

Key Terms

Rule 10b5-1 trading plan, revocable trust, weighted average purchase price, open-market sale, +1 more

5 terms

Rule 10b5-1 trading plan regulatory

"The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 10, 2025."

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

revocable trust financial

"The shares are held in a revocable trust, of which the reporting person and his spouse are the sole trustees and beneficiaries."

A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.

weighted average purchase price financial

"The price reported above reflects the weighted average purchase price."

The weighted average purchase price is the average cost per share you paid across multiple buys, calculated so larger purchases count more than smaller ones. Imagine buying apples at different prices: the overall price you effectively paid depends on how many apples you bought at each price. Investors use it to measure true cost basis, calculate gains or losses, decide when to sell, and manage taxes and portfolio performance.

open-market sale financial

"transaction_action": "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

indirect ownership financial

""direct_or_indirect": "I", "nature_of_ownership": "By Darren S. Raiguel Trust""

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did ePlus (PLUS) report for Darren S. Raiguel?

ePlus reported that COO Darren S. Raiguel’s trust sold 1,284 shares of common stock in open-market trades on May 8 and May 11, 2026. These transactions were disclosed in a Form 4 insider trading report.

At what prices were the ePlus (PLUS) shares sold by Raiguel’s trust?

The reported sales by Darren S. Raiguel’s trust occurred at weighted average prices between roughly $88.50 and $91.78 per share. Individual trades were executed within specified price ranges disclosed in the Form 4 footnotes.

How many ePlus (PLUS) shares does Darren S. Raiguel hold after these sales?

Following the reported trades, the Darren S. Raiguel Trust held 55,748 shares of ePlus common stock indirectly. A separate Form 4 entry shows Raiguel also directly held 39,531 shares of common stock as of May 8, 2026.

Were Darren S. Raiguel’s ePlus (PLUS) stock sales pre-planned?

Yes. The Form 4 states the transactions were made under a Rule 10b5-1 trading plan adopted on November 10, 2025. Such plans allow insiders to pre-schedule trades, helping separate routine portfolio moves from discretionary timing decisions.

Who technically owns the ePlus (PLUS) shares sold in this Form 4?

The sold shares were held by a revocable trust for which Darren S. Raiguel and his spouse serve as sole trustees and beneficiaries. The transactions are therefore attributed to the Darren S. Raiguel Trust as the indirect owner of the common stock.

How many total sale transactions did ePlus (PLUS) disclose for Raiguel?

The Form 4 transaction summary shows six sale transactions of common stock totaling 1,284 shares. All were coded as open-market or private sale transactions and were executed over the two trading days reported.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

Accepted by SEC EDGAR 05/12/2026 - 05:17 PM EDT

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

RAIGUEL DARREN S

(Last)

(First)

(Middle)

13595 DULLES TECHNOLOGY DRIVE

(Street)

HERNDON

VIRGINIA

20171-3413

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
EPLUS INC [ PLUS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	CHIEF OPERATING OFFICER

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/08/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/08/2026		S		71⁽¹⁾	D	$88.5031⁽²⁾	56,961	I	By Darren S. Raiguel Trust⁽³⁾
Common Stock	05/08/2026		S		157⁽¹⁾	D	$89.3728⁽⁴⁾	56,804	I	By Darren S. Raiguel Trust⁽³⁾
Common Stock	05/08/2026		S		56⁽¹⁾	D	$90.1963⁽⁵⁾	56,748	I	By Darren S. Raiguel Trust⁽³⁾
Common Stock	05/11/2026		S		374⁽¹⁾	D	$88.8536⁽⁶⁾	56,374	I	By Darren S. Raiguel Trust⁽³⁾
Common Stock	05/11/2026		S		450⁽¹⁾	D	$90.1427⁽⁷⁾	55,924	I	By Darren S. Raiguel Trust⁽³⁾
Common Stock	05/11/2026		S		176⁽¹⁾	D	$91.775⁽⁸⁾	55,748	I	By Darren S. Raiguel Trust⁽³⁾
Common Stock								39,531	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 10, 2025.

2. The transaction was executed in multiple trades at prices ranging from $88.02 to $89.01 per share, inclusive. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares purchased and prices at which the transaction was effected.

3. The shares are held in a revocable trust, of which the reporting person and his spouse are the sole trustees and beneficiaries.

4. The transaction was executed in multiple trades at prices ranging from $89.02 to $89.99 per share, inclusive. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares purchased and prices at which the transaction was effected.

5. The transaction was executed in multiple trades at prices ranging from $90.02 to $90.34 per share, inclusive. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares purchased and prices at which the transaction was effected.

6. The transaction was executed in multiple trades at prices ranging from $88.41 to $89.16 per share, inclusive. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares purchased and prices at which the transaction was effected.

7. The transaction was executed in multiple trades at prices ranging from $89.75 to $90.50 per share, inclusive. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares purchased and prices at which the transaction was effected.

8. The transaction was executed in multiple trades at prices ranging from $91.77 to $91.78 per share, inclusive. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares purchased and prices at which the transaction was effected.

	/s/ Darren S. Raiguel	05/12/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR