Research Summary
AI-generated summary of this SEC filing
EPLUS (PLUS) COO Darren Raiguel Sells 1,000 Shares
What Happened
Darren S. Raiguel, Chief Operating Officer of EPLUS Inc. (PLUS), sold a total of 1,000 shares on August 10, 2026 in two reported transactions: 401 shares at a weighted average price of $90.44 ($36,266) and 599 shares at a weighted average price of $91.09 ($54,561), for combined proceeds of approximately $90,827. These were sales (not purchases) and were executed in multiple trades.
Key Details
- Transaction date: August 10, 2026; Form 4 filed August 12, 2026 (timely filing).
- Reported sale amounts/prices: 401 shares @ $90.44 ($36,266); 599 shares @ $91.09 ($54,561).
- Price ranges (per footnotes): first block executed across $89.91–$90.89; second block across $90.91–$91.42. Reported prices are weighted averages; full trade-level detail available on request to the SEC/issuer/security holders.
- Plan/beneficial ownership notes: transactions were made pursuant to a Rule 10b5-1 trading plan adopted November 10, 2025 (footnote F1). Some shares are held in a revocable trust where the reporting person and spouse are trustees and beneficiaries (footnote F2).
- Shares owned after transaction: not specified in the provided filing summary.
Context
- These were open-market sales under a pre-established 10b5-1 plan; such plans allow insiders to sell at predetermined times and are generally considered routine rather than a direct signal of changed sentiment.
- No options were exercised and no gifts or tax-withholding events were reported in this filing.