Form 4: EPLUS INC Chief Operating Officer Darren S. Raiguel Reports Stock Sale

Darren S. Raiguel, Chief Operating Officer of EPLUS INC, reported the sale of 5,000 shares of common stock at an average price of $91.1356.

Summary

• On August 20, 2024, Darren S. Raiguel, the Chief Operating Officer of EPLUS INC, sold 5,000 shares of common stock.
• The sale was executed at a weighted average price of $91.1356 per share.
• The transactions occurred in multiple trades with prices ranging from $91.00 to $91.75 per share.
• Following the reported transaction, Raiguel directly owns 42,674 shares and indirectly owns 43,569 shares through a revocable trust.
• The sale was conducted under a pre-arranged Rule 10b5-1 trading plan adopted on August 22, 2023.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a stock sale by an officer. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to the market regarding the trading activities of company executives.

Stakeholder Impact

• The stock sale by a key executive could be perceived neutrally or slightly negatively by shareholders, depending on their interpretation of the reasons behind the sale.

Key Dates