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[144] Mcgrath Rentcorp SEC Filing

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
144
Rhea-AI Filing Summary

Form: Form 144 filed for McGrath Rentcorp (MGRC) reporting a proposed sale of 1,500 common shares through Charles Schwab & Co., Inc. (3000 Schwab Way, Westlake, TX). The filing shows an aggregate market value of $177,749, approximate sale date 08/06/2025, and lists the securities exchange as NASDAQ. The issuer's outstanding shares are reported as 24,611,531.

Acquisition details: the 1,500 shares were acquired by restricted stock lapse events: 500 shares on 04/01/2023, 200 shares on 04/01/2024, and 800 shares on 04/01/2025; nature of payment: equity compensation. The filer reports no securities sold in the past 3 months and includes the standard representation that the person for whose account the securities are to be sold does not know of any undisclosed material adverse information.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: Form 144 reports a small proposed insider sale of 1,500 MGRC shares (~$177,749), representing ~0.0061% of outstanding shares.

The filing discloses a planned sale via Charles Schwab with an approximate sale date of 08/06/2025. All 1,500 shares trace to restricted stock lapses on 04/01/2023 (500), 04/01/2024 (200), and 04/01/2025 (800), characterized as equity compensation. Given the aggregate value of $177,749 versus 24,611,531 shares outstanding, the transaction is immaterial in size and unlikely to meaningfully affect market liquidity or valuation absent other undisclosed context.

TL;DR: Routine insider disclosure consistent with equity compensation vesting; filer attests no undisclosed material adverse information.

The Form 144 presents standard disclosures: identity of broker, share amounts, acquisition dates and nature (restricted stock lapse), and the filer’s signature representation regarding material information. No sales in the past three months are reported. From a governance perspective, this is a routine compliance filing documenting planned disposal of vested equity rather than evidence of material governance or operational issues.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does the MGRC Form 144 disclose?

The filing discloses a proposed sale of 1,500 common shares of McGrath Rentcorp (MGRC) with an aggregate market value of $177,749, to be executed via Charles Schwab with an approximate sale date of 08/06/2025.

How were the 1,500 MGRC shares acquired?

The shares were acquired by restricted stock lapse events: 500 on 04/01/2023, 200 on 04/01/2024, and 800 on 04/01/2025, and are described as equity compensation.

Who is the broker handling the sale in the MGRC Form 144?

The broker listed is Charles Schwab & Co., Inc. located at 3000 Schwab Way, Westlake, TX 76262.

Does the filing indicate prior sales in the past three months?

No. The Form 144 states "Nothing to Report" for securities sold during the past three months by the person for whose account the securities are to be sold.

What statement does the filer make about material information?

By signing the notice, the person represents they do not know any material adverse information regarding current or prospective operations of the issuer that has not been publicly disclosed.

How large is the proposed sale relative to MGRC shares outstanding?

The filing reports 24,611,531 shares outstanding; the proposed sale of 1,500 shares represents approximately 0.0061% of outstanding shares.
Mcgrath Rentcorp

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