Form 4: EPLUS COO Acquires Shares via Employee Stock Plan

EPLUS Chief Operating Officer Darren S. Raiguel acquired 82 shares of common stock through the company's Employee Stock Purchase Plan at a price of $60.7325 per share.

Summary

• Darren S. Raiguel, Chief Operating Officer of EPLUS INC, acquired 82 shares of the company's common stock.
• The acquisition occurred on December 31, 2025, at a price of $60.7325 per share.
• This transaction was made through the reporting person's participation in ePlus inc.'s Employee Stock Purchase Plan (ESPP).
• Following this transaction, Darren S. Raiguel directly beneficially owns 39,531 shares of common stock.
• Additionally, 57,748 shares are indirectly beneficially owned through the Darren S. Raiguel Trust, where the reporting person and spouse are sole trustees and beneficiaries.

Sentiment

Score: 7

Explanation: The sentiment is moderately positive due to an insider acquiring shares, which generally signals confidence in the company. However, the transaction size is small and it's a routine ESPP acquisition, limiting the overall impact.

Positives

• An insider, the Chief Operating Officer, acquired additional shares in the company, which can signal confidence in the company's future prospects.
• The acquisition was part of the Employee Stock Purchase Plan, indicating management's participation in company-sponsored equity programs.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Management Comments

• "This voluntary Form 4 is being filed to reflect shares acquired through the reporting person's participation in ePlus inc.'s Employee Stock Purchase Plan."

Industry Context

Insider buying, even through an Employee Stock Purchase Plan, is generally viewed as a positive signal by the market, indicating management's confidence in the company's valuation and future performance. While this is a relatively small transaction, it aligns with a broader trend of executives investing in their own companies.

Related Party Transactions

• 57,748 shares are indirectly beneficially owned through the Darren S. Raiguel Trust, where the reporting person and his spouse are the sole trustees and beneficiaries. This represents a related party ownership structure.

Stakeholder Impact

• Shareholders may view this insider purchase as a positive indicator of management's belief in the company's value and future prospects.
• Employees participating in the ESPP benefit from a mechanism to acquire company stock, aligning their interests with shareholders.

Key Dates

Keywords

EPLUS, PLUS, Form 4, Insider Transaction, Stock Acquisition, Employee Stock Purchase Plan, ESPP, Darren S. Raiguel, Chief Operating Officer