STOCK TITAN

EPLUS INC (PLUS) COO Raiguel sells 1,000 shares via trust and 10b5-1 plan

(Neutral)
(Negative)
Form Type
4

Rhea-AI Filing Summary

EPLUS INC chief operating officer Darren S. Raiguel reported two indirect open-market sales of common stock on August 10, 2026 by the Darren S. Raiguel Trust totaling 1,000 shares, at weighted average prices of $90.4395 and $91.0867 per share within disclosed price ranges, under a Rule 10b5-1 trading plan adopted on November 10, 2025. Following these sales, Raiguel reported 35,427 shares of common stock held directly.

Positive

  • None.

Negative

  • None.
Insider RAIGUEL DARREN S
Role CHIEF OPERATING OFFICER
Sold 1,000 shs ($91K)
Type Security Shares Price Value
Sale Common Stock F1, F3, F2 401 $90.4395 $36K
Sale Common Stock F1, F4, F2 599 $91.0867 $55K
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 68,036 shares (Indirect, By Darren S. Raiguel Trust); Common Stock — 35,427 shares (Direct)
Footnotes (4)
  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 shares are held in a revocable trust, of which the reporting person and his spouse are the sole trustees and beneficiaries.
  3. F3. The transaction was executed in multiple trades at prices ranging from $89.91 to $90.89 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.
  4. F4. The transaction was executed in multiple trades at prices ranging from $90.91 to $91.42 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.
Shares sold (indirect, trust) 1,000 shares Total common stock sold on August 10, 2026 in two transactions
Weighted average sale price 1 $90.4395 per share 401-share sale executed within a range of $89.91–$90.89
Weighted average sale price 2 $91.0867 per share 599-share sale executed within a range of $90.91–$91.42
Direct holdings after transactions 35,427 shares Common stock held directly by Darren S. Raiguel after August 10, 2026
Rule 10b5-1 plan adoption date November 10, 2025 Date Darren S. Raiguel adopted the trading plan governing these sales
Rule 10b5-1 trading plan regulatory
"The transactions reported ... were effected 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 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.
weighted average price financial
"The price reported above reflects the weighted average purchase price"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
indirect ownership financial
"direct_or_indirect": "I","nature_of_ownership": "By Darren S. Raiguel Trust""

FAQ

What insider transaction did EPLUS INC (PLUS) report for Darren S. Raiguel?

EPLUS INC reported that COO Darren S. Raiguel, through the Darren S. Raiguel Trust, sold 1,000 shares of common stock on August 10, 2026. The sales were executed in two trades at weighted average prices around $90–$91 per share.

At what prices were the PLUS shares sold in the latest Form 4?

The reported sales were at weighted average prices of $90.4395 and $91.0867 per share. Footnotes state the actual trades occurred in ranges of $89.91–$90.89 and $90.91–$91.42, with full trade details available on request.

How many EPLUS INC (PLUS) shares does Darren S. Raiguel hold after the reported sales?

After the August 10, 2026 transactions, Darren S. Raiguel reported 35,427 shares of EPLUS INC common stock held directly. The filing also reports indirect ownership through the Darren S. Raiguel Trust, but does not state the trust’s post-transaction share balance.

Were the recent PLUS insider sales by Darren S. Raiguel under a Rule 10b5-1 plan?

Yes. A footnote states the transactions were effected under a Rule 10b5-1 trading plan adopted by Darren S. Raiguel on November 10, 2025. This indicates the trades were pre-arranged according to SEC trading plan rules.

How are the sold PLUS shares held in relation to Darren S. Raiguel?

The sold shares are held indirectly in a revocable trust, where Darren S. Raiguel and his spouse are sole trustees and beneficiaries. This means the Form 4 attributes the transactions to the Darren S. Raiguel Trust rather than direct personal holdings.

Does the Form 4 for PLUS show any derivative security exercises by Darren S. Raiguel?

No. The transaction summary shows no derivative exercises, with two non-derivative stock sales totaling 1,000 shares and one updated direct holding entry of 35,427 shares. No options or other derivatives are reported as exercised.

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

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Learn about SEC filing dates
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).
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)
Director10% Owner
XOfficer (give title below)Other (specify below)
CHIEF OPERATING OFFICER
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/10/2026
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 Stock08/10/2026S401(1)D$90.4395(3)68,635IBy Darren S. Raiguel Trust(2)
Common Stock08/10/2026S599(1)D$91.0867(4)68,036IBy Darren S. Raiguel Trust(2)
Common Stock35,427D
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. 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 shares are held in a revocable trust, of which the reporting person and his spouse are the sole trustees and beneficiaries.
3. The transaction was executed in multiple trades at prices ranging from $89.91 to $90.89 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.
4. The transaction was executed in multiple trades at prices ranging from $90.91 to $91.42 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-fact08/12/2026
** 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)