RAIGUEL DARREN S 4
4 · EPLUS INC · Filed May 12, 2026
Research Summary
AI-generated summary of this filing
EPLUS (PLUS) COO Darren Raiguel Sells Shares
What Happened
Darren S. Raiguel, Chief Operating Officer of EPLUS Inc. (PLUS), sold a total of 1,284 shares in open‑market transactions on May 8 and May 11, 2026 for aggregate proceeds of approximately $115,314. The sales were reported on a Form 4 filed May 12, 2026 and were effected pursuant to a Rule 10b5‑1 trading plan adopted November 10, 2025.
Key Details
- Transaction dates and reported lots:
- May 8, 2026: 71 shares @ $88.50 ($6,284); 157 shares @ $89.37 ($14,032); 56 shares @ $90.20 ($5,051). Total May 8 = 284 shares / ~$25,367.
- May 11, 2026: 374 shares @ $88.85 ($33,231); 450 shares @ $90.14 ($40,564); 176 shares @ $91.78 ($16,152). Total May 11 = 1,000 shares / ~$89,947.
- Aggregate: 1,284 shares sold for about $115,314.
- Ownership after transaction: Not specified in the provided filing excerpt.
- Notable footnotes: Sales were executed in multiple trades (weighted‑average prices reported; price ranges spanned about $88.02 to $91.78). The trades were made under a 10b5‑1 plan (adopted 11/10/2025). Some shares are held in a revocable trust of which the reporting person and spouse are trustees/beneficiaries.
- Timeliness: Form filed May 12 for May 8 and May 11 transactions; no late‑report flag appears in the provided excerpt (check full filing for official timeliness status).
Context
These were sales (dispositions) executed under a pre‑arranged 10b5‑1 plan, which are commonly used by insiders to sell shares on a scheduled basis and are generally considered routine. For retail investors, purchases typically signal more concrete insider confidence than scheduled sales; this filing documents routine liquidation rather than an exercise or award.
Insider Transaction Report
Form 4
EPLUS INCPLUS
RAIGUEL DARREN S
CHIEF OPERATING OFFICER
Transactions
- Sale
Common Stock
[F1][F2][F3]2026-05-08$88.50/sh−71$6,284→ 56,961 total(indirect: By Trust) - Sale
Common Stock
[F1][F4][F3]2026-05-08$89.37/sh−157$14,032→ 56,804 total(indirect: By Trust) - Sale
Common Stock
[F1][F5][F3]2026-05-08$90.20/sh−56$5,051→ 56,748 total(indirect: By Trust) - Sale
Common Stock
[F1][F6][F3]2026-05-11$88.85/sh−374$33,231→ 56,374 total(indirect: By Trust) - Sale
Common Stock
[F1][F7][F3]2026-05-11$90.14/sh−450$40,564→ 55,924 total(indirect: By Trust) - Sale
Common Stock
[F1][F8][F3]2026-05-11$91.78/sh−176$16,152→ 55,748 total(indirect: By Trust)
Holdings
- 39,531
Common Stock
Footnotes (8)
- [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 transaction was executed in multiple trades at prices ranging from $88.02 to $89.01 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 $89.02 to $89.99 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.
- [F5]The transaction was executed in multiple trades at prices ranging from $90.02 to $90.34 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.
- [F6]The transaction was executed in multiple trades at prices ranging from $88.41 to $89.16 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.
- [F7]The transaction was executed in multiple trades at prices ranging from $89.75 to $90.50 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.
- [F8]The transaction was executed in multiple trades at prices ranging from $91.77 to $91.78 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.
Signature
/s/ Darren S. Raiguel|2026-05-12