ePlus (PLUS) COO shifts 15,488 shares to trust and receives stock grant
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
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 | -- |
| Other | Common Stock | 15,488 | $0.00 | -- |
| Grant/Award | Common Stock | 70 | $70.7455 | $5K |
Holdings After Transaction:
Common Stock — 35,427 shares (Direct, null);
Common Stock — 71,236 shares (Indirect, By Darren S. Raiguel Trust)
Footnotes (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). 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. 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
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.