STOCK TITAN

EPLUS (PLUS) COO receives 16,247 restricted shares; PSUs vest and taxes paid

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

ePlus inc. Chief Operating Officer Darren S. Raiguel reported equity compensation and related tax withholding in company stock. On June 15, 2026, he received a restricted stock award of 16,247 shares of common stock, granted under the 2021 Employee Long-Term Incentive Plan and vesting in three annual installments through March 2029.

On the same date, performance share units previously granted under the plan settled into shares, and 2,019 shares were withheld at $83.09 per share to cover tax liabilities from that vesting. After these transactions, Raiguel directly owned 36,617 shares and indirectly held 55,748 shares through a revocable trust where he and his spouse are trustees and beneficiaries.

Positive

  • None.

Negative

  • None.
Insider RAIGUEL DARREN S
Role CHIEF OPERATING OFFICER
Type Security Shares Price Value
Grant/Award Common Stock 4,480 $0.00 --
Tax Withholding Common Stock 2,019 $83.09 $168K
Grant/Award Common Stock 16,247 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 36,617 shares (Direct, null); Common Stock — 55,748 shares (Indirect, By Darren S. Raiguel Trust)
Footnotes (1)
  1. Represents shares of ePlus inc. (the "Company") common stock for performance share units ("PSUs") granted to the reporting person on June 15, 2026, under the 2021 Employee Long-Term Incentive Plan (the "Plan"). The performance-vesting restrictions with respect to these shares were released upon certification of performance goal attainment by the Compensation Committee of ePlus' Board of Directors (the "Compensation Committee"). Represents shares withheld for payment of tax liability arising as a result of the vesting and settlement of the PSUs on June 15, 2026. On June 15, 2026, the reporting person was granted a restricted stock award consisting of 16,247 shares of common stock of the Company (the "Restricted Shares"). The Restricted Shares were granted by the Compensation Committee, pursuant to the Plan. The Restricted Shares are subject to a restriction period, with one-third of the Restricted Shares vesting on each of March 18, 2027, March 16, 2028, and March 15, 2029. As more fully described in the Plan, under certain circumstances the restrictions may lapse, or the shares may be forfeited and transferred back to the Company. These shares of common stock are held in a revocable trust, of which the reporting person and his spouse are the sole trustees and beneficiaries.
Restricted stock grant 16,247 shares Restricted Shares granted on June 15, 2026
Tax withholding shares 2,019 shares Withheld for tax liability at $83.09 per share
Tax withholding price $83.09 per share Value used for PSU-related tax withholding
Direct holdings after transactions 36,617 shares Direct common stock owned following June 15, 2026 transactions
Indirect trust holdings 55,748 shares Held via revocable trust by Raiguel and spouse
performance share units ("PSUs") financial
"Represents shares of ePlus inc. common stock for performance share units ("PSUs") granted to the reporting person on June 15, 2026"
2021 Employee Long-Term Incentive Plan financial
"PSUs granted to the reporting person on June 15, 2026, under the 2021 Employee Long-Term Incentive Plan"
Restricted Shares financial
"the reporting person was granted a restricted stock award consisting of 16,247 shares of common stock of the Company (the "Restricted Shares")"
Restricted shares are company stock that cannot be sold or transferred immediately because they are subject to legal or contractual limits, such as a required holding period or performance conditions. They matter to investors because these locked-up shares can affect a company’s available stock for trading, future dilution, and insider incentives—imagine a gift that can’t be cashed until certain conditions are met, which changes when and how much supply can suddenly enter the market.
tax liability financial
"Represents shares withheld for payment of tax liability arising as a result of the vesting and settlement of the PSUs"
revocable trust financial
"These shares of common stock 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.
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SEC Form 4
FORM 4UNITED 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)
Director10% Owner
XOfficer (give title below)Other (specify below)
CHIEF OPERATING OFFICER
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock06/15/2026A4,480(1)A$036,617D
Common Stock06/15/2026F2,019(2)D$83.0934,598D
Common Stock06/15/2026A16,247(3)A$050,845D
Common Stock55,748IBy Darren S. Raiguel Trust(4)
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents shares of ePlus inc. (the "Company") common stock for performance share units ("PSUs") granted to the reporting person on June 15, 2026, under the 2021 Employee Long-Term Incentive Plan (the "Plan"). The performance-vesting restrictions with respect to these shares were released upon certification of performance goal attainment by the Compensation Committee of ePlus' Board of Directors (the "Compensation Committee").
2. Represents shares withheld for payment of tax liability arising as a result of the vesting and settlement of the PSUs on June 15, 2026.
3. On June 15, 2026, the reporting person was granted a restricted stock award consisting of 16,247 shares of common stock of the Company (the "Restricted Shares"). The Restricted Shares were granted by the Compensation Committee, pursuant to the Plan. The Restricted Shares are subject to a restriction period, with one-third of the Restricted Shares vesting on each of March 18, 2027, March 16, 2028, and March 15, 2029. As more fully described in the Plan, under certain circumstances the restrictions may lapse, or the shares may be forfeited and transferred back to the Company.
4. These shares of common stock are held in a revocable trust, of which the reporting person and his spouse are the sole trustees and beneficiaries.
/s/ Darren S. Raiguel06/17/2026
** Signature of Reporting PersonDate
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)

FAQ

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

Darren Raiguel reported equity compensation and tax withholding transactions in ePlus common stock. He received restricted stock and shares from performance share units, while 2,019 shares were withheld to pay taxes arising from the PSU vesting and settlement on June 15, 2026.

How many restricted ePlus (PLUS) shares were granted to the COO?

The COO was granted 16,247 restricted shares of ePlus common stock. These Restricted Shares were granted under the 2021 Employee Long-Term Incentive Plan and vest in three equal installments on March 18, 2027, March 16, 2028, and March 15, 2029, subject to forfeiture conditions.

Why were 2,019 ePlus (PLUS) shares withheld from Darren Raiguel?

2,019 shares of ePlus common stock were withheld to pay tax liabilities from the vesting and settlement of performance share units on June 15, 2026. This tax-withholding disposition uses shares instead of cash for required taxes and is not an open-market sale transaction.

What is Darren Raiguel’s share ownership in ePlus (PLUS) after these transactions?

After the reported transactions, Darren Raiguel directly owned 36,617 ePlus common shares and indirectly held 55,748 shares. The indirect shares are held in a revocable trust where he and his spouse act as sole trustees and beneficiaries, giving them control over those trust-held shares.

How do the ePlus (PLUS) performance share units affect Darren Raiguel’s holdings?

Previously granted performance share units settled into shares of ePlus common stock upon certification of performance goal attainment. These shares increased Raiguel’s direct holdings before 2,019 shares were withheld for taxes, reflecting compensation tied to company performance under the 2021 long-term incentive plan.

What vesting schedule applies to the 16,247 restricted ePlus (PLUS) shares?

The 16,247 Restricted Shares vest over three years: one-third on March 18, 2027, one-third on March 16, 2028, and one-third on March 15, 2029. Under certain circumstances described in the plan, restrictions may lapse earlier or the shares may be forfeited back to the company.