Form 4: ePlus COO Darren Raiguel Executes Tax-Related Share Sale
Statement of Changes in Beneficial Ownership
ePlus Inc. Chief Operating Officer Darren Raiguel disposed of 1,860 shares to cover tax liabilities associated with a restricted stock award vesting.
Summary
- Darren S. Raiguel, Chief Operating Officer of ePlus Inc., reported the disposition of 1,860 shares of common stock.
- The transaction occurred on June 10, 2026, at a price of $82.15 per share.
- The shares were withheld by the company to satisfy tax withholding obligations related to the partial vesting of a restricted stock award granted on June 10, 2025.
- Following this transaction, the reporting person maintains direct ownership of 37,671 shares and indirect ownership of 55,748 shares held in a revocable trust.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as it represents a routine administrative tax-withholding transaction common in executive compensation packages.
Positives
- The transaction was a routine administrative action to satisfy tax obligations rather than a discretionary sale of equity.
- The reporting person retains a significant equity stake in the company, totaling 93,419 shares across direct and indirect holdings.
Negatives
- The filing reflects a reduction in the direct share count held by the Chief Operating Officer.
Risks
- None identified; this is a standard tax-withholding transaction.
Future Outlook
No forward-looking guidance or strategic outlook provided in this filing.
Industry Context
StockSavvy.ai notes that this filing is a standard regulatory disclosure for executive equity compensation and does not signal a change in corporate strategy or management sentiment regarding the company's future performance.
Comparison to Industry Standards
- The transaction follows standard industry practices for executive compensation and tax compliance for publicly traded companies.
Stakeholder Impact
- Minimal impact on shareholders as the transaction is a standard tax-related withholding event.
Key Dates
| Date | Description |
|---|---|
| 06/10/2025 | Original grant date of the restricted stock award. |
| 06/10/2026 | Transaction date for the tax-related share withholding. |
Keywords
ePlus, PLUS, Insider Trading, Form 4, Tax Withholding, Executive Compensation
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