ePlus COO restructures holdings, gets stock grant

RAIGUEL DARREN S reported acquisition or exercise transactions in this Form 4 filing. ePlus inc. chief operating officer Darren S. Raiguel reported routine equity compensation and an internal restructuring of his share holdings.

Rhea-AI Filing Summary

RAIGUEL DARREN S reported acquisition or exercise transactions in this Form 4 filing.

ePlus inc. chief operating officer Darren S. Raiguel reported routine equity compensation and an internal restructuring of his share holdings. On June 30, 2026, he received a grant of 70 shares of common stock at $70.7455 per share under the company’s Employee Stock Purchase Plan, a transaction described as exempt from Section 16(b) rules.

On July 2, 2026, Raiguel moved 15,488 shares of common stock from a personal account into the Darren S. Raiguel Trust for no consideration. After these transfers, the trust holds 71,236 shares, and Raiguel directly holds 35,427 shares. The filing states the trust is revocable and that Raiguel and his spouse are its sole trustees and beneficiaries, so he remains the beneficial owner of the shares.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider RAIGUEL DARREN S

Role CHIEF OPERATING OFFICER

Type	Security	Shares	Price	Value
Other	Common Stock	15,488	$0.00	$0.00
Other	Common Stock	15,488	$0.00	$0.00
Grant/Award	Common Stock	70	$70.7455	$5K

Holdings After Transaction: Common Stock — 35,427 shares (Direct); Common Stock — 71,236 shares (Indirect, By Darren S. Raiguel Trust)

Footnotes (3)

1. F1. These shares were acquired under the ePlus inc. Employee Stock Purchase Plan in transactions that were exempt from Section 16(b) of the Exchange Act under SEC Exchange Act Rule 16b-3(c) and (d).
2. F2. On July 2, 2026, the reporting person transferred 15,488 shares of ePlus inc. common stock from an account owned by the reporting person to the Darren S. Raiguel Trust for no consideration. The reporting person remains the beneficial owner of the securities held by the trust.
3. F3. The shares are held in a revocable trust, of which the reporting person and his spouse are the sole trustees and beneficiaries.

Key Figures

ESPP grant: 70 shares at $70.7455 Shares transferred to trust: 15,488 shares Indirect holdings after transfer: 71,236 shares +2 more

5 metrics

ESPP grant 70 shares at $70.7455 Common Stock grant on June 30, 2026

Shares transferred to trust 15,488 shares Moved from personal account on July 2, 2026

Indirect holdings after transfer 71,236 shares Common Stock held by Darren S. Raiguel Trust

Direct holdings after transfer 35,427 shares Common Stock held directly by Darren S. Raiguel

Restructuring shares 30,976 shares Total shares in J-code restructuring transactions

Key Terms

Employee Stock Purchase Plan, Section 16(b), Rule 16b-3(c) and (d), beneficial owner, +1 more

5 terms

Employee Stock Purchase Plan financial

"These shares were acquired under the ePlus inc. Employee Stock Purchase Plan in transactions that were exempt"

An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.

Section 16(b) regulatory

"transactions that were exempt from Section 16(b) of the Exchange Act under SEC Exchange Act Rule 16b-3(c) and (d)"

A federal rule that requires company insiders—like officers, directors and large shareholders—to return any profits made from buying and selling the company’s stock within a six-month window. It matters to investors because it discourages short-term trades that could exploit non-public information and helps protect outside shareholders by creating a simple, enforceable way to recover unfair gains, much like a rule stopping someone from flipping a limited-edition item for quick profit after getting early access.

Rule 16b-3(c) and (d) regulatory

"exempt from Section 16(b) of the Exchange Act under SEC Exchange Act Rule 16b-3(c) and (d)"

beneficial owner financial

"The reporting person remains the beneficial owner of the securities held by the trust"

A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.

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.

FAQ

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

What insider transactions did ePlus (PLUS) COO Darren Raiguel report?

Darren Raiguel reported a small stock grant and an internal share transfer. He received 70 common shares at $70.7455 under the Employee Stock Purchase Plan and moved 15,488 shares from a personal account into the Darren S. Raiguel Trust for no consideration.

Did the ePlus (PLUS) COO buy or sell shares on the open market?

The reported transactions do not show open-market buying or selling. One entry is a 70-share grant under the Employee Stock Purchase Plan, and the others are transfers of 15,488 shares between a personal account and a revocable trust, with no cash consideration disclosed.

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

After the restructuring, the trust holds 71,236 common shares. The Form 4 shows a July 2, 2026 transfer of 15,488 shares into the Darren S. Raiguel Trust, resulting in total indirect holdings of 71,236 shares attributed to the trust structure.

What are Darren Raiguel’s direct ePlus (PLUS) share holdings after the Form 4 transactions?

Raiguel directly holds 35,427 ePlus common shares. Following the 70-share Employee Stock Purchase Plan grant and the 15,488-share transfer to his revocable trust, the Form 4 reports his remaining directly held position as 35,427 shares of common stock.

How were the 70 ePlus (PLUS) shares acquired by COO Darren Raiguel treated under SEC rules?

The 70-share acquisition was made under the Employee Stock Purchase Plan. A footnote states these shares were obtained in transactions exempt from Section 16(b) of the Exchange Act under SEC Exchange Act Rule 16b-3(c) and (d), indicating a compensation-related purchase.

Does the ePlus (PLUS) COO remain beneficial owner of shares moved to the trust?

Yes, he remains the beneficial owner of the trust-held shares. Footnotes explain the 15,488 shares were transferred to the Darren S. Raiguel Trust for no consideration, and that it is a revocable trust where he and his spouse are the sole trustees and beneficiaries.

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

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Accepted by SEC EDGAR 07/02/2026 - 04:56 PM Learn about SEC filing dates

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)
06/30/2026

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	06/30/2026		A	V	70(1)	A	$70.7455	50,915	D
Common Stock	07/02/2026		J		15,488	D	$0	35,427	D(2)
Common Stock	07/02/2026		J		15,488	A	$0	71,236	I(2)	By Darren S. Raiguel Trust(3)

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. These shares were acquired under the ePlus inc. Employee Stock Purchase Plan in transactions that were exempt from Section 16(b) of the Exchange Act under SEC Exchange Act Rule 16b-3(c) and (d).

2. On July 2, 2026, the reporting person transferred 15,488 shares of ePlus inc. common stock from an account owned by the reporting person to the Darren S. Raiguel Trust for no consideration. The reporting person remains the beneficial owner of the securities held by the trust.

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

	/s/ Erica S. Stoecker, attorney-in-fact	07/02/2026
	** 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)