EPLUS (PLUS) COO Darren Raiguel Sells 854 Shares

What Happened
Darren S. Raiguel, Chief Operating Officer of EPLUS Inc. (PLUS), sold a total of 854 shares in open‑market transactions: 384 shares on Sept 14, 2026 at an average price of $93.18 ($35,779) and 470 shares on Sept 15, 2026 at an average price of $93.11 ($43,764), for aggregate proceeds of about $79,543. These were sales (not purchases), and the filing indicates they were carried out under a prearranged Rule 10b5‑1 trading plan.

Key Details

• Transaction dates and reported averages:
  • 2026-09-14: 384 shares @ $93.18 — $35,779
  • 2026-09-15: 470 shares @ $93.11 — $43,764
• Total sold: 854 shares for approximately $79,543.
• Shares owned after the transactions: not disclosed in this Form 4.
• Notable footnotes:
  • F1: Trades were effected pursuant to a Rule 10b5‑1 trading plan adopted Nov 10, 2025.
  • F2/F4: Each sale was executed in multiple trades; reported prices are weighted averages. Price execution ranges noted in the filing (~$93.00–$93.60 per share).
  • F3: Shares are held in a revocable trust for which the reporting person and spouse are trustees/beneficiaries.
• Filing timeliness: Form filed 2026-09-16 covering trades on Sept 14–15; appears timely (within the 2-business-day Form 4 reporting requirement).

Context
These are routine insider sales under a prearranged 10b5‑1 plan, which allows insiders to sell according to a schedule regardless of later nonpublic information; such sales are common and do not, by themselves, indicate company outlook. Purchases typically carry more weight as a bullish signal. The filer offers to provide detailed trade-by-trade execution data to the SEC, issuer, or a security holder upon request.