STOCK TITAN

EPLUS COO sells 139 shares around $93–94

EPLUS INC’s chief operating officer reported small, pre-planned trust sales of common stock while continuing to hold a larger direct position.

(Neutral)
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Form Type
4

Rhea-AI Filing Summary

EPLUS INC (PLUS) reported that Chief Operating Officer Darren S. Raiguel, through a revocable trust, sold a total of 139 shares of common stock on September 16, 2026 in open-market transactions under a Rule 10b5-1 trading plan adopted on November 10, 2025. The filing also reports that he holds 35,427 shares of common stock directly after the reported transactions.

Positive

  • None.

Negative

  • None.
Insider RAIGUEL DARREN S
Role CHIEF OPERATING OFFICER
Sold 139 shs ($13K)
Type Security Shares Price Value
Sale Common Stock F1, F2, F3 132 $93.3399 $12K
Sale Common Stock F1, F4, F3 7 $94.06 $658.42
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 67,043 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 transaction was executed in multiple trades at prices ranging from $93.00 to $93.99 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.
  3. F3. The shares are held in a revocable trust, of which the reporting person and his spouse are the sole trustees and beneficiaries.
  4. F4. The transaction was executed in multiple trades at prices ranging from $94.01 to $94.08 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 (first transaction) 132 shares Common stock sold indirectly on September 16, 2026 through a revocable trust
Weighted average sale price (first transaction) $93.3399 per share Weighted average of trades ranging from $93.00 to $93.99 on September 16, 2026
Shares sold (second transaction) 7 shares Common stock sold indirectly on September 16, 2026 through a revocable trust
Weighted average sale price (second transaction) $94.06 per share Weighted average of trades ranging from $94.01 to $94.08 on September 16, 2026
Total shares sold 139 shares Aggregate of the two reported open-market sales on September 16, 2026
Direct holdings after transactions 35,427 shares Common stock directly owned by Darren S. Raiguel following the reported transactions
Rule 10b5-1 plan adoption date November 10, 2025 Date the trading plan governing these sales was adopted
Rule 10b5-1 trading plan regulatory
"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."
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 are the sole trustees and beneficiaries."
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.

FAQ

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

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

The company reported that Chief Operating Officer Darren S. Raiguel, via a revocable trust, sold 139 shares of EPLUS INC common stock in open-market transactions on September 16, 2026.

At what prices were the PLUS shares sold in the September 16, 2026 transactions?

The reported weighted average sale prices were $93.3399 for 132 shares and $94.06 for 7 shares, with individual trades ranging from $93.00–$93.99 and $94.01–$94.08 per share, respectively.

How many PLUS shares does Darren S. Raiguel hold after these transactions?

After the reported sales, Darren S. Raiguel is shown as directly holding 35,427 shares of EPLUS INC common stock. The filing also notes additional shares held indirectly in a revocable trust.

Were the September 16, 2026 PLUS stock sales made under a Rule 10b5-1 plan?

Yes. The filing states the transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by Darren S. Raiguel on November 10, 2025.

How are the indirectly held PLUS shares structured for Darren S. Raiguel?

The filing explains that the indirectly held shares are in a revocable trust, for which Darren S. Raiguel and his spouse are the sole trustees and beneficiaries.

How many total PLUS shares were sold in the reported transactions?

The reported sales total 139 shares of EPLUS INC common stock, consisting of 132 shares in one transaction and 7 shares in a second transaction on September 16, 2026.

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)
09/16/2026
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 Stock09/16/2026S132(1)D$93.3399(2)67,050IBy Darren S. Raiguel Trust(3)
Common Stock09/16/2026S7(1)D$94.06(4)67,043IBy Darren S. Raiguel Trust(3)
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 transaction was executed in multiple trades at prices ranging from $93.00 to $93.99 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.
3. The shares are held in a revocable trust, of which the reporting person and his spouse are the sole trustees and beneficiaries.
4. The transaction was executed in multiple trades at prices ranging from $94.01 to $94.08 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. Raiguel09/18/2026
** 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)

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