Form 4: ePlus COO Darren Raiguel Executes Stock Sale
Statement of Changes in Beneficial Ownership
ePlus Inc. Chief Operating Officer Darren Raiguel sold 5 shares of common stock via a pre-arranged Rule 10b5-1 trading plan.
Summary
- Darren S. Raiguel, Chief Operating Officer of ePlus Inc., sold 5 shares of common stock on May 6, 2026.
- The shares were sold at a price of $88.00 per share.
- The transaction was executed under a Rule 10b5-1 trading plan adopted on November 10, 2025.
- Following the transaction, the reporting person maintains beneficial ownership of 57,032 shares held in a trust and 39,531 shares held directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as the transaction is a de minimis sale executed under a pre-existing, automated trading plan.
Positives
- The transaction was conducted under a pre-established Rule 10b5-1 plan, indicating the sale was planned well in advance rather than based on current non-public information.
Negatives
- Insider selling, even if small and pre-planned, can sometimes be perceived negatively by retail investors.
Risks
- Market volatility affecting the share price of ePlus Inc. (PLUS).
Future Outlook
No specific forward-looking guidance regarding company performance was provided in this filing.
Industry Context
StockSavvy.ai notes that routine insider selling via 10b5-1 plans is a standard corporate governance practice and typically does not signal a change in management's outlook on the company's long-term prospects.
Comparison to Industry Standards
- The use of Rule 10b5-1 plans is the industry standard for executives to sell shares while avoiding potential insider trading liability.
Stakeholder Impact
- Minimal impact on shareholders given the negligible volume of shares sold.
Next Steps
- No future actions or milestones were disclosed in this filing.
Key Dates
| Date | Description |
|---|---|
| 2025-11-10 | Date the Rule 10b5-1 trading plan was adopted. |
| 2026-05-06 | Date of the reported stock transaction. |
| 2026-05-08 | Date the Form 4 was signed and filed. |
Keywords
ePlus, PLUS, Insider Trading, Form 4, COO, Stock Sale
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