RAIGUEL DARREN S 4
Research Summary
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EPLUS COO Darren S. Raiguel Withholds 1,860 Shares for Taxes
What Happened Darren S. Raiguel, Chief Operating Officer of EPLUS Inc. (PLUS), had 1,860 shares withheld as payment of tax liability tied to the partial vesting of a restricted stock award. The transaction is recorded as a disposition at $82.15 per share, totaling $152,799, and was reported on June 10, 2026.
Key Details
- Transaction date: June 10, 2026; price: $82.15 per share; shares withheld/disposed: 1,860; value: $152,799.
- Reason: Tax withholding for partial vesting of a restricted stock award granted June 10, 2025 (originally reported June 11, 2025). (Footnote F1)
- Ownership note: The reporting person’s shares are held in a revocable trust of which he and his spouse are trustees and beneficiaries. (Footnote F2)
- Shares owned after the transaction: not specified in this Form 4.
- Filing timeliness: Reported same day (Form 4 dated and filed June 10, 2026); no late filing indicated.
Context This was a tax-withholding disposition related to vested restricted stock—not an open-market sale to raise cash or express a market view. Such withholding transactions are routine administrative actions to satisfy tax obligations upon vesting and generally do not signal insider sentiment about the company.