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Ownership Document |
Schema Version: X0508 |
Document Type: 4 |
Period of Report: 2/20/24 |
Issuer: |
| Issuer CIK: 1022408 |
| Issuer Name: EPLUS INC |
| Issuer Trading Symbol: PLUS |
Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1736723 |
| | Owner Name: RAIGUEL DARREN S |
| Reporting Owner Address: |
| | Owner Street 1: 13595 DULLES TECHNOLOGY DRIVE |
| | Owner Street 2: |
| | Owner City: HERNDON |
| | Owner State: VA |
| | Owner ZIP Code: 20171-3413 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Officer? Yes |
| | Officer Title: Chief Operating Officer |
Aff 10b5 One? Yes |
Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 2/20/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: S |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 2,450 |
| Footnote ID: F1 |
| | | Transaction Price Per Share: |
| Value: 79.1997 |
| Footnote ID: F2 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 40,673 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: I |
| | | Nature of Ownership: |
| Value: By Darren S. Raiguel Trust |
| Footnote ID: F3 |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 2/20/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: S |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 1,400 |
| Footnote ID: F1 |
| | | Transaction Price Per Share: |
| Value: 79.8393 |
| Footnote ID: F4 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 39,273 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: I |
| | | Nature of Ownership: |
| Value: By Darren S. Raiguel Trust |
| Footnote ID: F3 |
| Non-Derivative Holding: |
| | Security Title: |
| | | Value: Common Stock |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 48,437 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
Footnotes: |
| Footnote - F1: The transactions reported in this Form 4 were all effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 22, 2023. |
| Footnote - F2: The transaction was executed in multiple trades at prices ranging from $78.58 to $79.50 per share, inclusive. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares purchased and prices at which the transaction was effected. |
| Footnote - F3: The shares are held in a revocable trust, of which the reporting person and his spouse are the sole trustees and beneficiaries. |
| Footnote - F4: The transaction was executed in multiple trades at prices ranging from $79.68 to $80.03 per share, inclusive. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares purchased and prices at which the transaction was effected. |
Owner Signature: |
| Signature Name: /s/ Darren S. Raiguel |
| Signature Date: 2/22/24 |