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McGrath RentCorp (MGRC) VP reallocates 6,077 shares in employee stock plan

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

McGrath RentCorp executive John P. Skenesky, VP and Division Manager, reported an indirect disposition of 6,077 shares of Common Stock on 2026-08-12. The shares were held through the company’s Employee Stock Ownership and 401(k) Plan ("By KSOP") and the transaction was coded as an "other" disposition (code J). A footnote states the disposition resulted from a diversification election within the plan and that the proceeds remained in the plan, with his indirect KSOP-held balance reported as 0 shares afterward.

Positive

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Negative

  • None.
Insider Skenesky John P
Role VP and Division Manager
Type Security Shares Price Value
Other Common Stock F1 6,077 $120.54 $733K
Holdings After Transaction: Common Stock — 0 shares (Indirect, By KSOP)
Footnotes (1)
  1. F1. Disposition made pursuant to a diversification election under the McGrath RentCorp Employee Stock Ownership and 401(k) Plan. The proceeds of the diversification remained in the Plan.
Shares disposed 6,077 shares Indirect disposition under code J on 2026-08-12 via KSOP
Transaction price per share $120.54 Per-share value used for the 6,077-share disposition
Indirect holdings after transaction 0 shares Shares held "By KSOP" following the diversification transaction
diversification election financial
"Disposition made pursuant to a diversification election under the McGrath RentCorp Employee Stock Ownership"
Employee Stock Ownership and 401(k) Plan financial
"under the McGrath RentCorp Employee Stock Ownership and 401(k) Plan. The proceeds of the"
indirect ownership financial
"The shares were reported as indirect ownership with nature of ownership "By KSOP""
transaction code J financial
"The transaction was coded J, described as an other acquisition or disposition"

FAQ

What insider transaction did MGRC executive John P. Skenesky report?

John P. Skenesky reported an indirect disposition of 6,077 shares of McGrath RentCorp Common Stock. The transaction was classified as code J, an “other” acquisition or disposition, through the company’s Employee Stock Ownership and 401(k) Plan.

Was the MGRC Form 4 transaction a market sale of shares?

No. The disposition of 6,077 shares occurred under a diversification election in the McGrath RentCorp Employee Stock Ownership and 401(k) Plan. A footnote states the proceeds remained in the plan, rather than being taken out as cash.

How many MGRC shares did John P. Skenesky hold indirectly after the transaction?

After the reported transaction, Skenesky’s indirect holdings in the plan-labeled account were 0 shares. This post-transaction balance applies specifically to the shares held "By KSOP" as disclosed in the Form 4 table.

What price was used for the MGRC diversification transaction reported by Skenesky?

The transaction used a per-share value of $120.54 for the 6,077 Common Stock shares. This figure appears as the transaction price per share in the Form 4 and is labeled as a standard per-share price.

Was the MGRC Form 4 transaction under a Rule 10b5-1 trading plan?

The Form 4 indicates the Rule 10b5-1 checkbox is not checked. Instead, a footnote explains the disposition was made pursuant to a diversification election within the McGrath RentCorp Employee Stock Ownership and 401(k) Plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Skenesky John P

(Last)(First)(Middle)
C/O MCGRATH RENTCORP
5700 LAS POSITAS ROAD

(Street)
LIVERMORE CALIFORNIA 94551

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
MCGRATH RENTCORP [ MGRC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
VP and Division Manager
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/12/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock08/12/2026J6,077(1)D$120.540IBy KSOP
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Disposition made pursuant to a diversification election under the McGrath RentCorp Employee Stock Ownership and 401(k) Plan. The proceeds of the diversification remained in the Plan.
Gilda Malek, POA for John Skenesky08/14/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)