MCGRATH RENTCORP (MGRC) CLO awarded 4,510 RSUs in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Malek Gilda reported acquisition or exercise transactions in this Form 4 filing.
MCGRATH RENTCORP SVP and Chief Legal Officer Gilda Malek received an equity grant of 4,510 restricted stock units (RSUs) of common stock on February 27, 2026. The RSUs were granted under the 2016 Stock Incentive Plan at no cash cost per unit.
The award vests 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 grant, Malek’s holdings consist of 4,184 common shares and 4,510 unvested RSUs, totaling 8,694 units and shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Malek Gilda
Role
SVP, Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,510 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 8,694 shares (Direct)
Footnotes (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 he 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 4,184 shares outstanding and 4,510 unvested RSUs.
FAQ
What did MGRC executive Gilda Malek report in this Form 4 filing?
Gilda Malek reported receiving 4,510 restricted stock units of MCGRATH RENTCORP common stock. These RSUs were granted under the 2016 Stock Incentive Plan at no cash purchase price and represent a compensation award, not an open-market stock transaction.
How many MCGRATH RENTCORP RSUs did Gilda Malek receive in this grant?
She received 4,510 restricted stock units of MCGRATH RENTCORP common stock. Each RSU represents the right to receive one share or cash equal to the share’s fair market value, subject to the vesting schedule described in the grant terms.
What is the vesting schedule for Gilda Malek’s new MGRC restricted stock units?
The 4,510 restricted stock units vest over three years. 33% vest on the first anniversary of the grant date, another 33% on the second anniversary, and the remaining 34% on the third anniversary, assuming continued satisfaction of the vesting conditions.
What plan governs the restricted stock units granted to Gilda Malek at MGRC?
The restricted stock units were granted under MCGRATH RENTCORP’s 2016 Stock Incentive Plan. This plan authorizes equity-based awards such as RSUs to eligible participants as part of their compensation and long-term incentive structure.
How many MCGRATH RENTCORP securities does Gilda Malek hold after this RSU grant?
After the grant, she holds 8,694 total securities linked to MCGRATH RENTCORP common stock. This consists of 4,184 shares of common stock outstanding and 4,510 unvested restricted stock units that may settle into shares or cash upon vesting.
Did Gilda Malek pay cash for the MGRC restricted stock units reported in this Form 4?
No cash was paid for these restricted stock units. The Form 4 shows a per-unit price of 0.0000, indicating the 4,510 RSUs were granted as a compensation award rather than purchased in an open-market or private transaction.