[Form 3] MCGRATH RENTCORP Initial Statement of Beneficial Ownership
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
McGrath RentCorp senior vice president Chris J. Snyder reported his initial ownership of company stock. The filing shows 4,180 shares of common stock held directly, with 585 of those shares outstanding and 3,595 unvested restricted stock units granted under the 2016 Stock Incentive Plan. Additional indirect holdings include 1,466 shares through a KSOP, 2,293 shares held by his spouse, and 3,017 shares in his spouse’s KSOP. The restricted stock units from grants on February 23, 2024, February 21, 2025 and February 27, 2026 vest 33% after the first and second anniversaries of each grant and 34% after the third anniversary.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Snyder Chris J.
Role
Senior Vice President Mobile M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 4,180 shares (Direct);
Common Stock — 1,466 shares (Indirect, By KSOP)
Footnotes (1)
- Includes RSUs acquired under the 2016 Stock Incentive Plan for awards granted on February 23, 2024, February 21, 2025 and February 27, 2026. The restricted stock unit shall vest 33% on the first annual anniversary of each grant; 33% on the second annual anniversary of each grant; and 34% on the third annual anniversary of each grant. Each restricted stock unit represents a right to receive one share of stock or an amount equal to the fair market value of the common stock underlying the unit on the vesting date. Represents 585 shares outstanding and 3,595 unvested RSUs. Represents 818 shares outstanding and 1,475 unvested RSUs.
Key Figures
Direct common shares: 4,180 shares
Direct outstanding shares: 585 shares
Direct unvested RSUs: 3,595 RSUs
+5 more
8 metrics
Direct common shares
4,180 shares
Directly held common stock following Form 3 reporting
Direct outstanding shares
585 shares
Portion of direct holdings that are outstanding shares
Direct unvested RSUs
3,595 RSUs
Unvested restricted stock units within direct position
Indirect KSOP shares
1,466 shares
Indirect ownership through KSOP
Spouse shares
2,293 shares
Indirect ownership via spouse’s holdings
Spouse KSOP shares
3,017 shares
Indirect ownership via spouse’s KSOP
Second block outstanding shares
818 shares
Outstanding shares in another reported block
Second block unvested RSUs
1,475 RSUs
Unvested RSUs in another reported block
Key Terms
restricted stock unit, 2016 Stock Incentive Plan, KSOP, beneficial ownership
4 terms
restricted stock unit financial
"Each restricted stock unit represents a right to receive one share of stock"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
2016 Stock Incentive Plan financial
"Includes RSUs acquired under the 2016 Stock Incentive Plan for awards granted"
KSOP financial
"Indirect holdings include 1,466 shares through a KSOP and 3,017 in spouse’s KSOP"
beneficial ownership financial
"The Form 3 shows Chris J. Snyder’s initial beneficial ownership in common stock"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
