ePlus COO Darren S. Raiguel’s trust sells 2,000 shares

The trust-held transactions were made under a Rule 10b5-1 plan adopted November 10, 2025.

Available on EDGAR 11/10/2026 - 04:20 PM EST Accepted by SEC EDGAR 11/10/2026 - 04:20 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

EPLUS Inc. Chief Operating Officer Darren S. Raiguel reported six sales of common stock held by the Darren S. Raiguel Trust: 896 shares at $91.3658 and 104 at $92.2796 on November 6, 2026; 298 at $93.0664, 125 at $94.4696, 469 at $95.4625, and 108 at $96.0222 on November 9. The sales totaled 2,000 shares and were made under a Rule 10b5-1 plan adopted November 10, 2025. Raiguel and his spouse are the trust’s sole trustees and beneficiaries.

Insider Trade Summary 10b5-1

Net Seller: 2,000 shares

Net Sell 6 txns

Insider RAIGUEL DARREN S

Role CHIEF OPERATING OFFICER

Sold 2,000 shs ($186K)

Share of Position Sold 3.0%

Type	Security	Shares	Price	Value
Sale	Common Stock F1, F5, F3	298	$93.0664	$28K
Sale	Common Stock F1, F6, F3	125	$94.4696	$12K
Sale	Common Stock F1, F7, F3	469	$95.4625	$45K
Sale	Common Stock F1, F8, F3	108	$96.0222	$10K
Sale	Common Stock F1, F2, F3	896	$91.3658	$82K
Sale	Common Stock F1, F4, F3	104	$92.2796	$10K
Holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 65,036 shares (Indirect, By Darren S. Raiguel Trust); Common Stock — 35,427 shares (Direct)

Holdings Before and After: Common Stock, 67,036 to 65,036 shares (Indirect, By Darren S. Raiguel Trust)

Other Insiders: 1 other insider reported open-market sales of this stock in the 30 days up to this filing.

Footnotes (8)

1. 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.
2. F2. The transaction was executed in multiple trades at prices ranging from $90.99 to $91.89 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. F3. The shares are held in a revocable trust, of which the reporting person and his spouse are the sole trustees and beneficiaries.
4. F4. The transaction was executed in multiple trades at prices ranging from $92.25 to $92.29 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. F5. The transaction was executed in multiple trades at prices ranging from $93.00 to $93.21 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. F6. The transaction was executed in multiple trades at prices ranging from $94.30 to $94.84 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. F7. The transaction was executed in multiple trades at prices ranging from $95.17 to $95.73 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. F8. The transaction was executed in multiple trades at prices ranging from $96.02 to $96.03 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

Trust sale: 896 shares at $91.3658 per share Trust sale: 104 shares at $92.2796 per share Trust sale: 298 shares at $93.0664 per share +4 more

7 metrics

Trust sale 896 shares at $91.3658 per share November 6, 2026

Trust sale 104 shares at $92.2796 per share November 6, 2026

Trust sale 298 shares at $93.0664 per share November 9, 2026

Trust sale 125 shares at $94.4696 per share November 9, 2026

Trust sale 469 shares at $95.4625 per share November 9, 2026

Trust sale 108 shares at $96.0222 per share November 9, 2026

Direct holding 35,427 shares Listed on November 6, 2026

Key Terms

Rule 10b5-1 trading plan, revocable trust, weighted average purchase price

3 terms

Rule 10b5-1 trading plan regulatory

"pursuant to a Rule 10b5-1 trading plan"

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 technical

"shares are held in a revocable trust"

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

"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.

FAQ

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

How many PLUS shares did Darren S. Raiguel’s trust sell, and at what prices?

The trust sold 2,000 shares: 896 shares at $91.3658 and 104 at $92.2796 on November 6, 2026; 298 at $93.0664, 125 at $94.4696, 469 at $95.4625, and 108 at $96.0222 on November 9, 2026. The transactions were made under a Rule 10b5-1 plan adopted November 10, 2025.

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

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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).

X

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)
11/06/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	11/06/2026		S		896(1)	D	$91.3658(2)	66,140	I	By Darren S. Raiguel Trust(3)
Common Stock	11/06/2026		S		104(1)	D	$92.2796(4)	66,036	I	By Darren S. Raiguel Trust(3)
Common Stock	11/09/2026		S		298(1)	D	$93.0664(5)	65,738	I	By Darren S. Raiguel Trust(3)
Common Stock	11/09/2026		S		125(1)	D	$94.4696(6)	65,613	I	By Darren S. Raiguel Trust(3)
Common Stock	11/09/2026		S		469(1)	D	$95.4625(7)	65,144	I	By Darren S. Raiguel Trust(3)
Common Stock	11/09/2026		S		108(1)	D	$96.0222(8)	65,036	I	By Darren S. Raiguel Trust(3)
Common Stock								35,427	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

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 $90.99 to $91.89 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 $92.25 to $92.29 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 $93.00 to $93.21 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 $94.30 to $94.84 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 $95.17 to $95.73 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 $96.02 to $96.03 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/ Erica S. Stoecker, attorney-in-fact	11/10/2026
	** 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)