[Form 4] Mcgrath Rentcorp Insider Trading Activity

Rhea-AI Filing Summary

McGrath RentCorp (MGRC) – CEO insider sale reported on Form 4. On 07/29/2025 President & CEO Joseph F. Hanna executed three open-market sales totaling 14,577 common shares at weighted-average prices from $125.50 – $128.18.

• 6,317 shares sold at $125.6655
• 5,685 shares sold at $126.9029
• 2,575 shares sold at $127.9130

Following the transactions, Hanna’s direct beneficial ownership declined from 168,214 to 153,637 shares, a reduction of roughly 8.7%. No derivative security activity was reported. The filing was signed by David Whitney (POA) on 07/31/2025.

Positive

• CEO retains 153,637 shares, preserving a significant equity stake and continued alignment with shareholder interests.

Negative

• 14,577-share insider sale represents approximately 8.7% of the CEO's prior direct holdings, a potential negative market signal.
• No Rule 10b5-1 plan indicated, implying discretionary timing that may raise questions among investors.

Insights

Securities Analyst

TL;DR: CEO sold 14.6k shares (~9%) at ~$126–128; modestly negative signal.

The sale represents about 8.7% of Mr. Hanna’s prior direct holdings, executed near the stock’s recent trading range. While the CEO still retains a substantial 153.6k-share stake, any leadership sale can be interpreted as a potential soft negative for sentiment, especially absent offsetting purchases. However, the absence of derivative exercises or larger disposals tempers the impact. The transaction appears routine, filed individually, with no 10b5-1 box checked, suggesting discretionary timing.

Corporate Governance Expert

TL;DR: Routine Form 4; governance compliance intact, impact neutral.

The filing is timely and complete, indicating proper Section 16 compliance. The CEO maintains majority of his equity interest, aligning incentives with shareholders. No insiders joined the filing, and there is no indication of a preset 10b5-1 plan. From a governance perspective, the event is not materially impactful but should be monitored for future sale patterns.

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^*

HANNA JOSEPH F

(Last) (First) (Middle)

C/O MCGRATH RENTCORP

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)
	President and CEO

3. Date of Earliest Transaction (Month/Day/Year)
07/29/2025

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	07/29/2025		S		6,317	D	$125.6655(1)	161,897	D
Common Stock	07/29/2025		S		5,685	D	$126.9029(2)	156,212	D
Common Stock	07/29/2025		S		2,575	D	$127.913(3)	153,637	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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $125.50 to $126.50, inclusive. The reporting person undertakes to provide to McGrath RentCorp, any security holder of McGrath RentCorp, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.

2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $126.555 to $127.505, inclusive. The reporting person undertakes to provide to McGrath RentCorp, any security holder of McGrath RentCorp, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4.

3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $127.57 to $128.18, inclusive. The reporting person undertakes to provide to McGrath RentCorp, any security holder of McGrath RentCorp, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (3) to this Form 4.

	David Whitney, POA for Joseph Hanna	07/31/2025
	** 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

How many MGRC shares did the CEO sell?

Joseph F. Hanna sold 14,577 common shares on 07/29/2025.

At what prices were the MGRC shares sold?

Weighted-average prices ranged from $125.50 to $128.18, with individual averages of $125.6655, $126.9029, and $127.9130.

What is the CEO's remaining MGRC shareholding?

After the sale, the CEO directly owns 153,637 shares of McGrath RentCorp.

Was a 10b5-1 trading plan disclosed?

No. The form’s 10b5-1 checkbox was not marked, indicating the sale was not under a pre-arranged plan.

Were any derivative securities involved in this filing?

No derivative security acquisitions or dispositions were reported in Table II.