ePlus (NASDAQ: PLUS) COO sells 5 shares via 10b5-1 trust plan

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

ePlus Inc. Chief Operating Officer Darren S. Raiguel reported an open-market sale of 5 shares of common stock at $88.00 per share on May 6, 2026. The shares were sold indirectly through a revocable trust where he and his spouse are the sole trustees and beneficiaries, under a pre-arranged Rule 10b5-1 trading plan adopted on November 10, 2025.

After this transaction, Raiguel holds 39,531 shares directly and 57,032 shares indirectly through the trust, according to the filing.

Insider Trade Summary 10b5-1

Net Seller: 5 shares ($440)

Net Sell 2 txns

Insider RAIGUEL DARREN S

Role CHIEF OPERATING OFFICER

Sold 5 shs ($440.00)

Type	Security	Shares	Price	Value
Sale	Common Stock	5	$88.00	$440.00
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 57,032 shares (Indirect, By Darren S. Raiguel Trust); Common Stock — 39,531 shares (Direct, null)

Footnotes (1)

The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 10, 2025. The shares are held in a revocable trust, of which the reporting person and his spouse are the sole trustees and beneficiaries.

Key Figures

Shares sold: 5 shares Sale price: $88.00 per share Direct holdings after: 39,531 shares +2 more

5 metrics

Shares sold 5 shares Open-market sale on May 6, 2026

Sale price $88.00 per share Price for the 5 shares sold

Direct holdings after 39,531 shares Common stock held directly after transaction

Indirect holdings after 57,032 shares Common stock held indirectly via revocable trust

Trading plan adoption date November 10, 2025 Rule 10b5-1 plan governing the sale

Key Terms

Rule 10b5-1 trading plan, revocable trust, open-market sale, indirect ownership

4 terms

Rule 10b5-1 trading plan financial

"The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted"

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 and his spouse"

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.

open-market sale financial

"transaction_action": "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

indirect ownership financial

""direct_or_indirect": "I", "nature_of_ownership": "By Darren S. Raiguel Trust""

Form 4 Insider Transactions: What Each Field Means →

05/08/2026 - 04:43 PM

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)
05/06/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/06/2026		S		5⁽¹⁾	D	$88	57,032	I	By Darren S. Raiguel Trust⁽²⁾
Common Stock								39,531	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The transaction reported in this Form 4 was 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.

	/s/ Darren S. Raiguel	05/08/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

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

ePlus reported that COO Darren S. Raiguel indirectly sold 5 shares of common stock at $88.00 per share. The transaction occurred on May 6, 2026, and was executed through a revocable trust associated with him and his spouse.

Was the ePlus (PLUS) insider sale by Darren Raiguel part of a trading plan?

Yes. The filing states the transaction was carried out under a Rule 10b5-1 trading plan adopted by Darren S. Raiguel on November 10, 2025. Such plans pre-schedule trades, making them more routine and less tied to short-term market developments.

How many ePlus (PLUS) shares does Darren Raiguel hold after this Form 4?

After the reported transaction, Darren S. Raiguel holds 39,531 shares of ePlus common stock directly. He also holds 57,032 shares indirectly through a revocable trust where he and his spouse serve as the sole trustees and beneficiaries.

What type of ownership entity was involved in the ePlus (PLUS) insider sale?

The 5 ePlus shares were sold from a revocable trust described in the filing. The trust is controlled by Darren S. Raiguel and his spouse, who are the sole trustees and beneficiaries, meaning they retain both control and economic interest in the trust’s holdings.

How large was the recent ePlus (PLUS) insider sale in dollar terms?

The transaction involved 5 shares of ePlus common stock at a reported price of $88.00 per share. That equates to a total sale value of $440, based solely on the price and share count disclosed in the Form 4 filing.