RAIGUEL DARREN S 4
4 · EPLUS INC · Filed Feb 11, 2026
Research Summary
AI-generated summary of this filing
EPLUS (PLUS) COO Darren S. Raiguel Sells Shares
What Happened
Darren S. Raiguel, Chief Operating Officer of EPLUS Inc. (PLUS), sold a total of 711 shares in open-market transactions on February 9–10, 2026, receiving aggregate proceeds of about $62,801. The sales were: 400 shares @ $88.05 on Feb 9 (≈ $35,218); 236 shares @ $88.47 on Feb 10 (≈ $20,879); and 75 shares @ $89.39 on Feb 10 (≈ $6,704). These were sales (not purchases), and the filing notes the trades were effected pursuant to a Rule 10b5-1 trading plan.
Key Details
- Transaction dates and reported prices:
- Feb 9, 2026 — 400 shares sold @ $88.05 (≈ $35,218)
- Feb 10, 2026 — 236 shares sold @ $88.47 (≈ $20,879)
- Feb 10, 2026 — 75 shares sold @ $89.39 (≈ $6,704)
- Total shares sold: 711; total proceeds: ≈ $62,801.
- Shares owned after the transactions: not specified in this Form 4.
- Notable footnotes:
- F1: Sales were made under a Rule 10b5-1 trading plan adopted Nov 10, 2025 (pre-arranged plan).
- F2–F5: Indicate trades were executed in multiple fills and the reported prices reflect weighted averages; detailed per-fill prices/quantities are available upon request.
- F3: Some shares are held in a revocable trust where the reporting person and spouse are trustees/beneficiaries.
- Filing: Form 4 filed Feb 11, 2026 (covers trades on Feb 9–10) — appears timely.
Context
These were sales under a pre-authorized 10b5-1 plan, which often reflects scheduled disposition rather than an ad‑hoc decision based on inside information. For retail investors, purchases by insiders are generally more indicative of bullish conviction; sales can be routine (tax planning, diversification, pre-set plans) and do not by themselves indicate a change in company outlook.
Insider Transaction Report
- Sale
Common Stock
[F1][F2][F3]2026-02-09$88.05/sh−400$35,218→ 57,348 total(indirect: By Trust) - Sale
Common Stock
[F1][F4][F3]2026-02-10$88.47/sh−236$20,879→ 57,112 total(indirect: By Trust) - Sale
Common Stock
[F1][F5][F3]2026-02-10$89.39/sh−75$6,704→ 57,037 total(indirect: By Trust)
- 39,531
Common Stock
Footnotes (5)
- [F1]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.
- [F2]The transaction was executed in multiple trades at prices ranging from $88.00 to $88.10 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.
- [F3]The shares are held in a revocable trust, of which the reporting person and his spouse are the sole trustees and beneficiaries.
- [F4]The transaction was executed in multiple trades at prices ranging from $88.00 to $88.995 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.
- [F5]The transaction was executed in multiple trades at prices ranging from $89.045 to $89.69 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.