EPLUS (PLUS) COO Darren Raiguel Sells 2,000 Shares

What Happened Darren S. Raiguel, Chief Operating Officer of EPLUS Inc. (PLUS), reported open‑market sales totaling 2,000 shares for aggregate proceeds of $188,065. The sales occurred in four transactions: 65 shares at $93.11 ($6,052) on 2026-07-28, and 931 shares at $93.44 ($86,997), 817 shares at $94.47 ($77,185), and 187 shares at $95.35 ($17,831) on 2026-07-29. These were outright sales (code S) rather than purchases or option exercises.

Key Details

• Transaction dates: July 28, 2026 (65 shares) and July 29, 2026 (931, 817, 187 shares).
• Reported prices and values: see above; total = 2,000 shares for $188,065.
• Filing: Form 4 filed July 30, 2026 (period of report July 28, 2026); filing appears timely (Form 4s are generally due within two business days of transaction).
• Shares owned after transaction: not disclosed on this Form 4.
• Footnotes of note:
  • F1: Trades were made under a Rule 10b5‑1 trading plan adopted Nov 10, 2025.
  • F2: Shares are held in a revocable trust for which the reporting person and spouse are sole trustees/beneficiaries.
  • F3–F5: Several trades were executed in multiple lots; reported prices are weighted averages and price ranges (roughly $93.00–$95.45) are provided. The filer offers to provide detailed per‑trade prices on request.
• Transaction code: S = Sale.

Context A 10b5‑1 plan indicates these sales were prearranged, which is common for insiders to manage scheduled disposals and may limit the extent to which the trades reflect contemporaneous views about the company. The shares being held in a revocable trust signals the holdings are managed in trust form but controlled by the insider. As with all insider sales, this is factual disclosure of trading activity and not an explanation of motive.