McGrath RentCorp (MGRC) director Joseph Hanna sells 10,000 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
McGrath RentCorp director Joseph F. Hanna reported open-market sales of a total of 10,000 shares of Common Stock. On May 4, 2026, he sold 9,070 shares at a weighted average price of $112.4623 and 400 shares at $113.1925 per share. On May 5, 2026, he sold 530 shares at $112.00 per share. After these transactions, he directly holds 159,049 shares of McGrath RentCorp common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 10,000 shares ($1,124,670)
Net Sell
3 txns
Insider
HANNA JOSEPH F
Role
null
Sold
10,000 shs ($1.12M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 530 | $112.00 | $59K |
| Sale | Common Stock | 9,070 | $112.4623 | $1.02M |
| Sale | Common Stock | 400 | $113.1925 | $45K |
Holdings After Transaction:
Common Stock — 159,049 shares (Direct, null)
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $112.00 to $112.94, 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $113.115 to $113.285, 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.
Key Figures
Total shares sold: 10,000 shares
Shares sold May 4, 2026 (block 1): 9,070 shares
Shares sold May 4, 2026 (block 2): 400 shares
+2 more
5 metrics
Total shares sold
10,000 shares
Open-market sales reported on Form 4
Shares sold May 4, 2026 (block 1)
9,070 shares
Common Stock at $112.4623 per share
Shares sold May 4, 2026 (block 2)
400 shares
Common Stock at $113.1925 per share
Shares sold May 5, 2026
530 shares
Common Stock at $112.00 per share
Shares held after transactions
159,049 shares
Director’s direct ownership following sales
Key Terms
open-market sale, weighted average price, Common Stock, Form 4, +1 more
5 terms
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Common Stock financial
""security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"within the ranges set forth in footnote (1) to this Form 4."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
non-derivative financial
""transaction_type": "non-derivative""
FAQ
What insider transaction did McGrath RentCorp (MGRC) disclose for Joseph F. Hanna?
McGrath RentCorp reported that director Joseph F. Hanna sold 10,000 shares of Common Stock in open-market transactions. The sales occurred over two days and were reported on a Form 4 insider filing with detailed share counts and weighted average prices.
Were the McGrath RentCorp (MGRC) insider sales executed in single trades or multiple trades?
The filing states that reported prices are weighted averages and that the shares were sold in multiple transactions within stated price ranges. Hanna undertook to provide details of the number of shares sold at each separate price upon request to various parties.
What type of transactions were reported in the McGrath RentCorp (MGRC) Form 4 for Joseph F. Hanna?
All reported transactions were non-derivative open-market sales of McGrath RentCorp Common Stock, coded as “S” in the Form 4. The filing classifies them as sales in open market or private transactions, with no derivative exercises or gifts disclosed.