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  4. [144] MCGRATH RENTCORP SEC Filing

McGrath RentCorp (NASDAQ: MGRC) officer to sell up to 1,325 shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

MCGRATH RENTCORP (MGRC) received a notice that officer Tara Wescott filed to sell common stock under Rule 144. The filing covers 1,325 shares of common stock, with an aggregate market value of $161,650.00, to be sold through Charles Schwab & Co., Inc. on or after 08/18/2026. These shares relate to equity compensation awards, including 498 shares from a Restricted Stock Lapse dated 02/23/2025 and 827 shares from a Performance Stock Lapse dated 02/25/2025. Shares of common stock outstanding were 24,425,663, which is a baseline figure and not the amount being sold.

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Shares to be sold 1,325 shares Common stock subject to proposed Rule 144 sale by Tara Wescott
Aggregate market value $161,650.00 Aggregate market value of 1,325 shares proposed for sale
Shares outstanding 24,425,663 shares Common shares outstanding for MCGRATH RENTCORP
Proposed sale date 08/18/2026 Date associated with the proposed Rule 144 sale
Restricted Stock Lapse shares 498 shares Equity compensation from Restricted Stock Lapse dated 02/23/2025
Performance Stock Lapse shares 827 shares Equity compensation from Performance Stock Lapse dated 02/25/2025
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
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.
Restricted Stock Lapse financial
"Common | 02/23/2025 | Restricted Stock Lapse | McGRATH RENTCORP"
Performance Stock Lapse financial
"Common | 02/25/2025 | Performance Stock Lapse | McGRATH RENTCORP"
Equity Compensation financial
"827 | 02/25/2025 | 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.

FAQ

What does the Form 144 filing mean for MCGRATH RENTCORP (MGRC)?
The Form 144 indicates that officer Tara Wescott intends to sell up to 1,325 MGRC common shares under Rule 144. It is a notice of a potential future sale, not confirmation that the shares have already been sold.

How many MGRC shares are covered by Tara Wescott’s Form 144 filing?
The filing covers 1,325 shares of MCGRATH RENTCORP common stock. These shares arise from equity compensation, specifically 498 restricted stock shares and 827 performance stock shares that lapsed in February 2025.

What is the aggregate market value of MGRC shares in this Form 144?
The Form 144 lists an aggregate market value of $161,650.00 for the 1,325 MGRC common shares proposed for sale. This value reflects the market price at the time used for the Rule 144 calculation, not necessarily the eventual sale proceeds.

When could the MGRC shares in this Form 144 be sold?
The notice identifies a proposed sale date of 08/18/2026 for the 1,325 MGRC shares. This date indicates when sales under this notice may occur, subject to Rule 144 conditions and market execution through the named broker.

How many MCGRATH RENTCORP shares were outstanding in this Form 144?
The filing reports 24,425,663 MGRC common shares outstanding. This figure provides context for the company’s total equity base and is separate from the 1,325 shares that are the subject of the proposed Rule 144 sale.

What types of equity awards are involved in Tara Wescott’s MGRC Form 144?
The proposed sale relates to equity compensation from a Restricted Stock Lapse of 498 shares on 02/23/2025 and a Performance Stock Lapse of 827 shares on 02/25/2025. These lapses represent vested awards now eligible for potential sale.

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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

Source: View Original Filing on SEC EDGAR