McGrath RentCorp (MGRC) schedules planned sale of 2,000 shares on NASDAQ
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
- None.
Negative
- None.
Key Figures
Shares proposed for sale: 2000 shares
Associated value figure: 240820.00
Additional reported figure: 24425663
+4 more
7 metrics
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
Key Terms
Form 144, Stock Appreciation Right, Restricted Stock Lapse, Performance Stock Lapse, +1 more
5 terms
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.
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.
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.