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McGrath RentCorp (MGRC) schedules planned sale of 2,000 shares on NASDAQ

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

McGrath RentCorp reported a planned sale of 2000 shares of common stock through Charles Schwab & Co., Inc., to be executed on or after August 11, 2026 on NASDAQ. The shares are tied to prior equity compensation awards, including stock appreciation rights and restricted and performance stock lapses granted in 2019 and 2020.

Positive

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Negative

  • None.
Shares proposed for sale 2000 shares Common stock associated with Charles Schwab & Co., Inc. entry
Associated value figure 240820.00 Figure reported in the securities details for the 2000-share entry
Additional reported figure 24425663 Figure listed in the same securities information row as the 2000 shares
Planned sale date 08/11/2026 Approximate date for the proposed sale of common shares
Stock Appreciation Right units 492 Equity compensation Stock Appreciation Right dated 03/04/2019
Restricted Stock Lapse units 257 Equity compensation Restricted Stock Lapse dated 03/01/2020
Performance Stock Lapse units 1251 Equity compensation Performance Stock Lapse dated 03/02/2020
Form 144 regulatory
"144: Securities Information Common | Charles Schwab & Co., Inc."
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Stock Appreciation Right financial
"Common | 03/04/2019 | Stock Appreciation Right | McGRATH RENTCORP"
A stock appreciation right (SAR) is a form of employee pay that gives the holder the right to receive the increase in a company's share price over a set reference price, paid in cash or shares, without having to buy stock first. It matters to investors because SARs can create future cash outflows or dilute existing shareholders if settled in stock, and they align employee incentives with share-price performance like a bonus tied to a home's price rise.
Restricted Stock Lapse financial
"Common | 03/01/2020 | Restricted Stock Lapse | McGRATH RENTCORP"
Performance Stock Lapse financial
"Common | 03/02/2020 | Performance Stock Lapse | McGRATH RENTCORP"
Equity Compensation financial
"03/02/2020 | 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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What is McGrath RentCorp (MGRC) planning to sell in this notice?

McGrath RentCorp is planning the sale of 2000 shares of common stock. The sale is arranged through Charles Schwab & Co., Inc. and relates to shares originating from earlier equity compensation awards granted in 2019 and 2020.

When is the planned sale date for McGrath RentCorp (MGRC) shares?

The planned sale date for the McGrath RentCorp shares is August 11, 2026. This date is listed as the approximate date of sale for the 2000 common shares proposed to be sold on NASDAQ through Charles Schwab & Co., Inc.

Through which broker will McGrath RentCorp (MGRC) shares be sold?

The proposed sale of McGrath RentCorp shares will be carried out through Charles Schwab & Co., Inc.. This broker is listed alongside the 2000 common shares designated for sale on or after August 11, 2026, on NASDAQ.

How are equity compensation awards reflected in this McGrath RentCorp (MGRC) filing?

The filing references equity compensation awards including a Stock Appreciation Right dated 03/04/2019 for 492 units, a Restricted Stock Lapse on 03/01/2020 for 257 units, and a Performance Stock Lapse on 03/02/2020 for 1251 units.

On which market are the McGrath RentCorp (MGRC) shares to be sold?

The proposed sale of McGrath RentCorp common shares is listed for execution on NASDAQ. The filing associates the 2000 shares of common stock, handled by Charles Schwab & Co., Inc., with NASDAQ as the trading market.

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