STOCK TITAN

McGrath RentCorp (NASDAQ: MGRC) director granted 1,300 RSUs

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

McGrath RentCorp director Nicolas C. Anderson received an equity award of 1,300 restricted stock units (RSUs) of common stock. The award was granted on February 27, 2026 under the company’s 2016 Stock Incentive Plan at no cash cost per unit.

The RSUs vest 100% on April 1, 2027, at which time each unit will convert into either one share of common stock or cash equal to the fair market value of a share on the vesting date. After this grant, Anderson’s holdings total 4,800 shares, consisting of 3,500 shares of common stock and 1,300 unvested RSUs.

Positive

  • None.

Negative

  • None.
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*
Anderson Nicolas C

(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)
X Director 10% Owner
Officer (give title below) Other (specify below)
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 1,300(2) A $0 4,800(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 units vest 100% on April 1, 2027. 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 3,500 shares outstanding and 1,300 unvested RSUs.
David Whitney, POA for Nicolas C. Anderson 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 insider transaction did McGrath RentCorp (MGRC) report for Nicolas C. Anderson?

McGrath RentCorp reported that director Nicolas C. Anderson received 1,300 restricted stock units of common stock. The grant was made on February 27, 2026 as an equity award under the 2016 Stock Incentive Plan, with no cash price per unit disclosed in the filing.

How do the 1,300 RSUs granted to McGrath RentCorp director Anderson vest?

The 1,300 RSUs granted to director Nicolas C. Anderson vest 100% on April 1, 2027. On the vesting date, each restricted stock unit converts into either one share of common stock or cash equal to the fair market value of a share, as specified in the plan.

Under which plan were the new McGrath RentCorp (MGRC) RSUs granted to Nicolas C. Anderson?

The RSUs granted to Nicolas C. Anderson were issued under McGrath RentCorp’s 2016 Stock Incentive Plan. This plan allows the company to grant restricted stock units that convert into common stock or cash based on the fair market value at the time of vesting.

What are Nicolas C. Anderson’s McGrath RentCorp holdings after the latest Form 4 filing?

After the latest grant, Nicolas C. Anderson holds a total of 4,800 McGrath RentCorp interests. This consists of 3,500 shares of common stock already outstanding and 1,300 unvested restricted stock units that are scheduled to vest on April 1, 2027.

Does the McGrath RentCorp RSU grant to Nicolas C. Anderson involve any immediate cash payment?

The RSU grant to Nicolas C. Anderson does not involve an immediate cash payment, as the transaction price per unit is reported as 0.0000. Value is realized at vesting when each unit delivers a share or cash equal to the share’s fair market value.

What does each McGrath RentCorp (MGRC) RSU granted to Nicolas C. Anderson represent?

Each RSU granted to Nicolas C. Anderson represents a right to receive either one share of McGrath RentCorp common stock or an equivalent cash amount. The cash alternative is based on the fair market value of the underlying common stock on the April 1, 2027 vesting date.
Mcgrath Rentcorp

NASDAQ:MGRC

View MGRC Stock Overview

MGRC Rankings

MGRC Latest News

MGRC Latest SEC Filings

MGRC Stock Data

2.59B
24.15M
Rental & Leasing Services
Services-equipment Rental & Leasing, Nec
Link
United States
LIVERMORE