[144] Mcgrath Rentcorp SEC Filing
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.
- None.
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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.