Eplus COO reports tax-withholding share disposition

EPLUS INC chief operating officer Darren S. Raiguel reported a routine tax-related share disposition.

Rhea-AI Filing Summary

EPLUS INC chief operating officer Darren S. Raiguel reported a routine tax-related share disposition. On the reported date, 1,860 shares of Common Stock were withheld to cover tax liability from the partial vesting of a restricted stock award originally granted on June 10, 2025. This was a tax-withholding disposition, not an open-market sale. After this event, Raiguel directly held 37,671 shares of Common Stock. In addition, 55,748 shares are held indirectly in a revocable trust for which he and his spouse are the sole trustees and beneficiaries.

Insider Trade Summary

Exercise Price or Tax Liability: 1,860 shares

Exercise Price or Tax Liability 2 txns

Insider RAIGUEL DARREN S

Role CHIEF OPERATING OFFICER

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	1,860	$82.15	$153K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 37,671 shares (Direct); Common Stock — 55,748 shares (Indirect, By Darren S. Raiguel Trust)

Footnotes (2)

1. F1. Represents shares withheld for payment of tax liability arising as a result of the partial vesting of a restricted stock award granted on June 10, 2025, and originally reported by the reporting person in a Form 4 filed with the Commission on June 11, 2025.
2. F2. The shares are held in a revocable trust, of which the reporting person and his spouse are the sole trustees and beneficiaries.

Key Figures

Tax-withheld shares: 1,860 shares Tax-withholding price: $82.15 per share Direct holdings after transaction: 37,671 shares +3 more

6 metrics

Tax-withheld shares 1,860 shares Shares withheld for tax liability on partial vesting of restricted stock award

Tax-withholding price $82.15 per share Value applied to 1,860 withheld common shares

Direct holdings after transaction 37,671 shares Direct EPLUS INC common stock held following tax-withholding disposition

Indirect trust holdings 55,748 shares Common shares held in a revocable trust for Raiguel and spouse

Restricted stock grant date June 10, 2025 Grant date of restricted stock award that partially vested

Prior Form 4 reference date June 11, 2025 Date when the original restricted stock award was first reported

Key Terms

restricted stock award, tax-withholding disposition, revocable trust, Form 4, +1 more

5 terms

restricted stock award financial

"partial vesting of a restricted stock award granted on June 10, 2025"

A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.

tax-withholding disposition financial

"transaction_action": "tax-withholding disposition""

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

revocable trust financial

"The shares are held in a revocable trust, of which the reporting person"

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.

Form 4 regulatory

"originally reported by the reporting person in a Form 4 filed"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Common Stock financial

""security_title": "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

FAQ

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

What insider transaction did PLUS executive Darren Raiguel report?

Darren Raiguel reported a tax-related share disposition. Specifically, 1,860 shares of EPLUS INC common stock were withheld to satisfy tax liability from the partial vesting of a restricted stock award granted June 10, 2025.

Was the PLUS Form 4 transaction an open-market sale of shares?

No, the transaction was not an open-market sale. The filing shows 1,860 shares were withheld as payment of tax liability arising from partial vesting of a restricted stock award, a routine tax-withholding disposition.

How many EPLUS INC shares does Darren Raiguel hold directly after this filing?

After the reported tax-withholding disposition, Darren Raiguel directly holds 37,671 shares of EPLUS INC common stock. This figure reflects his direct ownership position following the 1,860-share withholding event.

What indirect EPLUS INC holdings does Darren Raiguel report?

The filing shows 55,748 EPLUS INC shares held indirectly in a revocable trust. Darren Raiguel and his spouse are the sole trustees and beneficiaries of this trust, indicating additional indirect economic exposure to the company’s stock.

What is the price used for the tax-withholding shares in the PLUS Form 4?

The tax-withholding disposition used a price of $82.15 per share for 1,860 EPLUS INC common shares. This price is shown as the value applied when shares were withheld to satisfy the related tax obligation.

What award triggered the tax-withholding disposition in the PLUS filing?

The tax-withholding disposition was triggered by partial vesting of a restricted stock award granted on June 10, 2025. That original award and grant date were previously reported in a Form 4 filed on June 11, 2025.

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

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Accepted by SEC EDGAR 06/10/2026 - 05:25 PM EDT 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)
06/10/2026

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	06/10/2026		F		1,860(1)	D	$82.15	37,671	D
Common Stock								55,748	I	By Darren S. Raiguel Trust(2)

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. Represents shares withheld for payment of tax liability arising as a result of the partial vesting of a restricted stock award granted on June 10, 2025, and originally reported by the reporting person in a Form 4 filed with the Commission on June 11, 2025.

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

	/s/ Darren S. Raiguel	06/10/2026
	** 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)