Research Summary
AI-generated summary of this SEC filing
EPLUS (PLUS) COO Darren S. Raiguel Sells 200 Shares
What Happened
Darren S. Raiguel, Chief Operating Officer of EPLUS Inc. (ticker: PLUS), sold 200 shares in an open-market transaction on August 4, 2026. The shares were disposed of at $98.00 per share, for a total transaction value of $19,600. This was a sale (not a purchase or grant).
Key Details
- Transaction date: August 4, 2026; Form 4 filed August 6, 2026 (filed within the standard 2-business-day window).
- Transaction type: Open-market sale of 200 shares at $98.00 per share; total value $19,600.
- Ownership after transaction: Not disclosed in this Form 4.
- Footnotes of note:
- F1: The sale was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 10, 2025 (a prearranged plan).
- F2: The shares are held in a revocable trust for which the reporting person and spouse are sole trustees and beneficiaries.
- No indication in the filing of tax-withholding, option exercise, or gift.
Context
Sales executed under a 10b5-1 plan are prearranged and often follow predetermined rules or schedules, so they may be routine rather than a real-time signal of the insider’s view on the company. This report is factual and does not imply motive.