Form 4: ePlus Inc. COO Darren Raiguel Reports Changes in Beneficial Ownership

Darren Raiguel, Chief Operating Officer of ePlus Inc., reports a transfer of shares to a trust and acquisition of shares through the Employee Stock Purchase Plan.

Summary

• On June 28, 2024, Darren Raiguel, the Chief Operating Officer of ePlus Inc., reported changes in his beneficial ownership of the company's common stock.
• He transferred 15,446 shares from a personal account to the Darren S. Raiguel Trust for no consideration, while remaining the beneficial owner.
• Raiguel also acquired 79 shares through ePlus Inc.'s Employee Stock Purchase Plan at a price of $62.628 per share.
• Following these transactions, Raiguel directly owns 42,674 shares and indirectly owns 48,569 shares through the trust.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, so the sentiment is neither positive nor negative.

Positives

• Raiguel's participation in the Employee Stock Purchase Plan demonstrates confidence in the company's future.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Related Party Transactions

• The transfer of shares to the Darren S. Raiguel Trust is a related party transaction.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they primarily reflect internal adjustments in ownership.

Key Dates