Form 4: EPLUS COO Darren Raiguel Reports Routine Stock Vesting and Tax Withholding

EPLUS Inc.'s Chief Operating Officer, Darren S. Raiguel, reported the disposition of 2,314 shares of common stock valued at $71.11 per share to cover tax liabilities arising from a restricted stock award vesting on June 8, 2025.

Summary

• Darren S. Raiguel, Chief Operating Officer of EPLUS INC, reported a change in beneficial ownership of common stock via a Form 4 filing.
• On June 8, 2025, 2,314 shares of EPLUS common stock were disposed of at a price of $71.11 per share.
• This disposition, totaling approximately $164,550.54, represents shares withheld for the payment of tax liability.
• The tax liability arose from the partial vesting of a restricted stock award that was originally granted on June 8, 2022.
• Following this transaction, Mr. Raiguel directly beneficially owns 40,439 shares and indirectly owns 43,569 shares through the Darren S. Raiguel Trust, for a total of 83,908 shares.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. While shares were disposed, it was for a routine tax withholding related to the vesting of a restricted stock award, indicating earned compensation for the executive.

Positives

• The transaction indicates the vesting of a restricted stock award, which is a positive event for the executive as it represents earned compensation.

Negatives

• The disposition of 2,314 shares, even for tax purposes, reduces the direct ownership stake of the Chief Operating Officer in the company.

Risks

• No specific risks are identified from this routine tax-related stock disposition.

Future Outlook

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

Industry Context

This routine insider transaction filing does not provide sufficient information to analyze broader industry trends or competitive positioning.

Comparison to Industry Standards

• This Form 4 filing details a standard tax withholding event upon restricted stock vesting, which is a common practice for executive compensation across various industries and does not provide specific data for comparison to global benchmarks or comparable companies/projects.

Related Party Transactions

• Darren S. Raiguel indirectly owns 43,569 shares through the Darren S. Raiguel Trust, a revocable trust of which he and his spouse are the sole trustees and beneficiaries.

Stakeholder Impact

• The transaction is a routine tax-related disposition of shares by an executive and is unlikely to have a significant direct impact on shareholders, employees, customers, suppliers, or creditors.

Next Steps

• The document does not mention any specific future actions, events, or milestones.

Key Dates

Keywords

EPLUS INC, PLUS, Form 4, Insider Transaction, Stock Ownership, Restricted Stock Unit, RSU Vesting, Tax Withholding, Executive Compensation, Corporate Officer