McGrath RentCorp director awarded 1,300 RSUs
McGrath RentCorp director Nicolas C. Anderson received an equity award of 1,300 restricted stock units (RSUs) of common stock.
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,300 | $0.00 | $0.00 |
Footnotes (3)
- F1. Represents restricted stock units ("RSUs").
- F2. 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.
- F3. Represents 3,500 shares outstanding and 1,300 unvested RSUs.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did McGrath RentCorp (MGRC) report for Nicolas C. Anderson?
How do the 1,300 RSUs granted to McGrath RentCorp director Anderson vest?
Under which plan were the new McGrath RentCorp (MGRC) RSUs granted to Nicolas C. Anderson?
What are Nicolas C. Anderson’s McGrath RentCorp holdings after the latest Form 4 filing?
Does the McGrath RentCorp RSU grant to Nicolas C. Anderson involve any immediate cash payment?
What does each McGrath RentCorp (MGRC) RSU granted to Nicolas C. Anderson represent?
AI-generated analysis. How Rhea-AI works. Not financial advice.