STOCK TITAN

ePlus Inc (PLUS) COO’s trust sells 2,000 shares via 10b5-1 plan

(Moderate)
(Negative)
Form Type
4

Rhea-AI Filing Summary

Darren S. Raiguel, Chief Operating Officer of ePlus Inc, reported that a revocable trust for which he and his spouse serve as trustees sold 2,000 shares of common stock in transactions reported as open-market or private trades on July 28–29, 2026. The sales were at weighted average prices of $93.4446, $94.4736 and $95.3525 per share, each executed in multiple trades within disclosed price ranges. These transactions were effected under a Rule 10b5-1 trading plan adopted on November 10, 2025. Separately, Raiguel reported 35,427 shares of directly held common stock as of July 28, 2026.

Positive

  • None.

Negative

  • None.
Insider RAIGUEL DARREN S
Role CHIEF OPERATING OFFICER
Sold 2,000 shs ($188K)
Type Security Shares Price Value
Sale Common Stock F1, F3, F2 931 $93.4446 $87K
Sale Common Stock F1, F4, F2 817 $94.4736 $77K
Sale Common Stock F1, F5, F2 187 $95.3525 $18K
Sale Common Stock F1, F2 65 $93.105 $6K
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 69,236 shares (Indirect, By Darren S. Raiguel Trust); Common Stock — 35,427 shares (Direct)
Footnotes (5)
  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 $93.00 to $93.96 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 $94.00 to $94.84 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.
  5. F5. The transaction was executed in multiple trades at prices ranging from $95.01 to $95.45 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.
Total shares sold 2000 shares Aggregate common stock sold by revocable trust on July 28–29, 2026
Sale on 2026-07-29 931 shares at $93.4446 per share Indirect sale by Darren S. Raiguel Trust
Sale on 2026-07-29 817 shares at $94.4736 per share Indirect sale by Darren S. Raiguel Trust
Sale on 2026-07-29 187 shares at $95.3525 per share Indirect sale by Darren S. Raiguel Trust
Sale on 2026-07-28 65 shares at $93.1050 per share Indirect sale by Darren S. Raiguel Trust
Direct common shares held 35427 shares Direct holdings of common stock as of 2026-07-28
Rule 10b5-1 plan adoption November 10, 2025 Adoption date of trading plan covering the reported transactions
Rule 10b5-1 trading plan regulatory
"The transactions reported in this Form 4 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 purchase price financial
"The price reported above reflects the weighted average purchase price"
The weighted average purchase price is the average cost per share you paid across multiple buys, calculated so larger purchases count more than smaller ones. Imagine buying apples at different prices: the overall price you effectively paid depends on how many apples you bought at each price. Investors use it to measure true cost basis, calculate gains or losses, decide when to sell, and manage taxes and portfolio performance.

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

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FAQ

What insider activity did ePlus (PLUS) COO Darren S. Raiguel report?

COO Darren S. Raiguel reported that a revocable trust associated with him sold 2,000 shares of ePlus common stock on July 28–29, 2026. The transactions were reported as open-market or private trades and executed under a Rule 10b5-1 trading plan adopted on November 10, 2025.

How many ePlus (PLUS) shares were sold and at what prices?

The revocable trust sold 2,000 shares of ePlus common stock in four trades: 931 shares at $93.4446, 817 at $94.4736, 187 at $95.3525, and 65 at $93.1050 per share. Several trades used weighted average prices based on multiple executions within stated price ranges.

Were the ePlus (PLUS) insider sales made under a Rule 10b5-1 plan?

Yes. Footnotes state the transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 10, 2025. Such pre-arranged plans allow trades to occur automatically according to preset instructions, reducing discretion over trade timing.

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

The sold shares are held in a revocable trust for which Darren S. Raiguel and his spouse are the sole trustees and beneficiaries. The Form 4 reports these positions as indirect ownership by the trust, rather than as directly held shares in his own name.

How many ePlus (PLUS) shares does Darren S. Raiguel hold directly?

A holding entry reports 35,427 shares of ePlus common stock held directly by Darren S. Raiguel as of July 28, 2026. This direct position is separate from the shares held and sold through the revocable trust reported as indirect ownership.
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)
07/28/2026
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 Stock07/28/2026S65(1)D$93.10571,171IBy Darren S. Raiguel Trust(2)
Common Stock07/29/2026S931(1)D$93.4446(3)70,240IBy Darren S. Raiguel Trust(2)
Common Stock07/29/2026S817(1)D$94.4736(4)69,423IBy Darren S. Raiguel Trust(2)
Common Stock07/29/2026S187(1)D$95.3525(5)69,236IBy 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 $93.00 to $93.96 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 $94.00 to $94.84 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.
5. The transaction was executed in multiple trades at prices ranging from $95.01 to $95.45 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/ Darren S. Raiguel07/30/2026
** 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)