RAIGUEL DARREN S 4

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.