McGrath RentCorp (MGRC) COO awarded 11,270 restricted stock units

Rhea-AI Filing Summary

McGrath RentCorp reported that Chief Operating Officer Philip B. Hawkins acquired 11,270 shares of common stock in the form of restricted stock units as a grant at a price of $0.00 per share. The RSUs were issued under the company’s 2016 Stock Incentive Plan.

The RSUs vest over three years, with 33% vesting on the first anniversary of the grant date, 33% on the second anniversary, and 34% on the third anniversary. After this award, Hawkins reports beneficial ownership of 17,806 shares, consisting of 6,536 shares outstanding and 11,270 unvested RSUs.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Hawkins Philip B

Role Chief Operating Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	11,270	$0.00	--

Holdings After Transaction: Common Stock — 17,806 shares (Direct)

Footnotes (1)

1. Represents restricted stock units ("RSUs"). The RSUs were acquired under the 2016 Stock Incentive Plan. The restricted stock unit shall vest 33% on the first annual anniversary of the grant; 33% of the second annual anniversary of the grant; and 34% on the third annual anniversary of the 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 6,536 shares outstanding and 11,270 unvested RSUs.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Hawkins Philip B

(Last) (First) (Middle)

5700 LAS POSITAS ROAD

(Street)

LIVERMORE CA 94551

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
MCGRATH RENTCORP [ MGRC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Operating Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock(1)	02/27/2026		A		11,270(2)	A	$0	17,806(3)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents restricted stock units ("RSUs").

2. The RSUs were acquired under the 2016 Stock Incentive Plan. The restricted stock unit shall vest 33% on the first annual anniversary of the grant; 33% of the second annual anniversary of the grant; and 34% on the third annual anniversary of the 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.

3. Represents 6,536 shares outstanding and 11,270 unvested RSUs.

	Gilda Malek, POA for Philip B. Hawkins	03/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did MGRC Chief Operating Officer Philip B. Hawkins report on this Form 4?

Philip B. Hawkins reported receiving a grant of 11,270 restricted stock units of McGrath RentCorp common stock at $0.00 per share. The award was made under the company’s 2016 Stock Incentive Plan and increases his reported beneficial ownership.

How many McGrath RentCorp RSUs did MGRC COO Philip Hawkins receive?

Philip Hawkins received 11,270 restricted stock units of McGrath RentCorp common stock. Each RSU represents the right to receive one share or the cash value of one share upon vesting, according to the plan’s terms described in the filing footnotes.

What is the vesting schedule for Philip Hawkins’ 11,270 MGRC restricted stock units?

The 11,270 RSUs vest over three years: 33% on the first anniversary of the grant date, 33% on the second anniversary, and 34% on the third anniversary. Vesting must occur before Hawkins receives stock or cash value.

Under which plan were the new MGRC RSUs for Philip Hawkins granted?

The restricted stock units granted to Philip Hawkins were issued under McGrath RentCorp’s 2016 Stock Incentive Plan. This plan allows the company to grant equity-based awards such as RSUs to executives and other eligible participants as part of compensation.

What is Philip Hawkins’ total reported MGRC share ownership after this RSU grant?

After the grant, Philip Hawkins reports beneficial ownership of 17,806 McGrath RentCorp shares. This consists of 6,536 shares currently outstanding in his name and 11,270 unvested restricted stock units that may convert into shares or cash upon vesting.

Does the MGRC COO pay anything for the 11,270 restricted stock units reported?

No cash was paid for these restricted stock units, which were granted at a reported price of $0.00 per unit. Value is realized only if and when the RSUs vest and convert into shares or an equivalent cash amount.