EPLUS Inc (PLUS) COO sells 200 shares via 10b5-1 trading plan
Rhea-AI Filing Summary
EPLUS Inc chief operating officer Darren S. Raiguel reported a sale of 200 shares of common stock at $98 per share on August 4, 2026. The sale was executed by a revocable trust under a Rule 10b5-1 trading plan adopted on November 10, 2025. After this transaction, the trust holds 69,036 shares indirectly, and Raiguel also reports 35,427 shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 200 shares
Net Sell
2 txns
Insider
RAIGUEL DARREN S
Role
CHIEF OPERATING OFFICER
Sold
200 shs ($20K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 200 | $98.00 | $20K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 69,036 shares (Indirect, By Darren S. Raiguel Trust);
Common Stock — 35,427 shares (Direct)
Footnotes (2)
- 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.
- 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
Shares sold: 200 shares
Sale price: US$98.00 per share
Indirect shares after sale: 69,036 shares
+2 more
5 metrics
Shares sold
200 shares
Common Stock sold on August 4, 2026
Sale price
US$98.00 per share
Price for common shares sold on August 4, 2026
Indirect shares after sale
69,036 shares
Held via revocable trust following August 4, 2026 sale
Direct shares reported
35,427 shares
Direct common stock holding reported as of August 4, 2026
Net shares sold
200 shares
Net sell volume across reported non-derivative transactions
Key Terms
Rule 10b5-1 trading plan, revocable trust, beneficiaries
3 terms
Rule 10b5-1 trading plan regulatory
"effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person"
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.
beneficiaries financial
"the reporting person and his spouse are the sole trustees and beneficiaries"
Beneficiaries are the people or organizations designated to receive benefits, such as money or assets, from a financial arrangement like a trust, insurance policy, or retirement plan. They matter to investors because choosing the right beneficiaries ensures that assets are passed on according to their wishes, providing financial security or support to loved ones when needed. Think of beneficiaries as the intended recipients of a gift or inheritance.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did EPLUS (PLUS) report for Darren S. Raiguel?
EPLUS reported that COO Darren S. Raiguel sold 200 shares of common stock at $98 on August 4, 2026. The sale was executed by a revocable trust associated with him under a pre-established Rule 10b5-1 trading plan.
Was the EPLUS (PLUS) insider sale made under a Rule 10b5-1 trading plan?
Yes. The filing states the transactions were effected under a Rule 10b5-1 trading plan. The plan was adopted by Darren S. Raiguel on November 10, 2025, indicating the August 4, 2026 sale followed a pre-arranged schedule.