EPLUS INC·4

Jun 17, 4:56 PM ET

RAIGUEL DARREN S 4

4 · EPLUS INC · Filed Jun 17, 2026

Research Summary

AI-generated summary of this filing

Updated

EPLUS (PLUS) COO Darren Raiguel Receives Awards; 2,019 Shares Withheld

What Happened

  • Darren S. Raiguel, Chief Operating Officer of ePlus Inc. (PLUS), received awards on June 15, 2026: 4,480 shares from settled performance share units (PSUs) and 16,247 restricted shares, for a total of 20,727 shares granted at $0.00 acquisition price. To cover the tax liability on the PSU settlement, 2,019 shares were withheld (disposed) at $83.09 per share, generating proceeds of approximately $167,759. The PSU-based shares vested upon certification of performance goal attainment by the Compensation Committee.

Key Details

  • Transaction date: June 15, 2026; Form 4 filed June 17, 2026 (appears timely).
  • Grants/awards: 4,480 shares (PSU settlement) and 16,247 restricted shares, both recorded as Code A (award/grant) at $0.00 acquisition price.
  • Tax withholding: 2,019 shares withheld (Code F) at $83.09/share = $167,759 disposed to cover taxes.
  • Restricted share vesting schedule: one-third vest on each of Mar 18, 2027; Mar 16, 2028; and Mar 15, 2029 (restrictions may lapse or shares may be forfeited under plan terms).
  • PSU settlement: performance conditions were certified by the Compensation Committee before settlement.
  • Shares held in a revocable trust of which the reporting person and spouse are trustees/beneficiaries (per footnote).
  • Shares owned after the transactions are not specified in the provided excerpt of the filing.

Context

  • The primary activity here is receipt of equity awards (PSUs and restricted stock). The 2,019-share disposition was a standard tax-withholding event tied to the PSU settlement and should not be read as a deliberate market sale by the insider.
  • For retail investors: awards and PSU settlements indicate compensation tied to performance metrics and future vesting schedules; withheld shares to satisfy taxes are common and routine.

Insider Transaction Report

Form 4
Period: 2026-06-15
RAIGUEL DARREN S
CHIEF OPERATING OFFICER
Transactions
  • Award

    Common Stock

    [F1]
    2026-06-15+4,48036,617 total
  • Tax Payment

    Common Stock

    [F2]
    2026-06-15$83.09/sh2,019$167,75934,598 total
  • Award

    Common Stock

    [F3]
    2026-06-15+16,24750,845 total
Holdings
  • Common Stock

    [F4]
    (indirect: By Trust)
    55,748
Footnotes (4)
  • [F1]Represents shares of ePlus inc. (the "Company") common stock for performance share units ("PSUs") granted to the reporting person on June 15, 2026, under the 2021 Employee Long-Term Incentive Plan (the "Plan"). The performance-vesting restrictions with respect to these shares were released upon certification of performance goal attainment by the Compensation Committee of ePlus' Board of Directors (the "Compensation Committee").
  • [F2]Represents shares withheld for payment of tax liability arising as a result of the vesting and settlement of the PSUs on June 15, 2026.
  • [F3]On June 15, 2026, the reporting person was granted a restricted stock award consisting of 16,247 shares of common stock of the Company (the "Restricted Shares"). The Restricted Shares were granted by the Compensation Committee, pursuant to the Plan. The Restricted Shares are subject to a restriction period, with one-third of the Restricted Shares vesting on each of March 18, 2027, March 16, 2028, and March 15, 2029. As more fully described in the Plan, under certain circumstances the restrictions may lapse, or the shares may be forfeited and transferred back to the Company.
  • [F4]These shares of common stock are held in a revocable trust, of which the reporting person and his spouse are the sole trustees and beneficiaries.
Signature
/s/ Darren S. Raiguel|2026-06-17

Documents

1 file
  • 4
    form4.xmlPrimary

    FORM 4