McGrath RentCorp (MGRC) outlines planned sale of 536,256 shares via Schwab
Rhea-AI Filing Summary
McGrath RentCorp plans a potential secondary sale of its common stock through Charles Schwab & Co., Inc., listing NASDAQ as the market. The notice covers up to 536,256 shares, associated with an indicated value of $24,425,663 and dated 08/11/2026.
The filing also lists underlying equity compensation events, including restricted stock lapses and RSU/PSU awards on 02/21/2026, 02/23/2026, and 02/24/2026 for a combined 4,435 shares of McGrath RentCorp common stock.
Positive
- None.
Negative
- None.
Key Figures
Shares covered: 536,256 shares
Indicated value: $24,425,663
Restricted stock lapse 1: 712 shares
+3 more
6 metrics
Shares covered
536,256 shares
Common stock referenced for potential sale, dated 08/11/2026
Indicated value
$24,425,663
Value associated with the 536,256 McGrath RentCorp common shares
Restricted stock lapse 1
712 shares
Restricted Stock Lapse dated 02/21/2026
Restricted stock lapse 2
968 shares
Restricted Stock Lapse dated 02/23/2026
RSU / PSU award
2,755 shares
RSU / PSU entry dated 02/24/2026
Total equity-comp shares
4,435 shares
Combined February 2026 restricted stock and RSU/PSU entries
Key Terms
Restricted Stock Lapse, RSU / PSU, Equity Compensation, Rule 144
4 terms
Restricted Stock Lapse financial
"Common | 02/21/2026 | Restricted Stock Lapse | McGRATH RENTCORP"
RSU / PSU financial
"Common | 02/24/2026 | RSU / PSU | McGRATH RENTCORP"
Equity Compensation financial
"02/24/2026 | RSU / PSU | McGRATH RENTCORP | | | 2755 | 02/24/2026 | Equity Compensation"
Equity compensation is pay given to employees, executives or contractors in the form of company ownership—such as stock, stock options or restricted shares—rather than just cash. It matters to investors because it can align workers' incentives with shareholders (like paying someone in slices of the same pie they help grow), but it also increases the number of shares outstanding and company expenses, affecting ownership percentages and earnings per share.
Rule 144 regulatory
"144: Securities Information Common | Charles Schwab & Co., Inc."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity compensation events for McGrath RentCorp (MGRC) are listed in the filing?
The filing lists equity compensation events including Restricted Stock Lapse entries on 02/21/2026 for 712 shares and 02/23/2026 for 968 shares, plus an RSU / PSU entry on 02/24/2026 for 2,755 shares of common stock.