McGrath RentCorp VP shifts 6,077 ESOP shares
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.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock F1 | 6,077 | $120.54 | $733K |
Footnotes (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.
Key Figures
Key Terms
diversification election financial
Employee Stock Ownership and 401(k) Plan financial
indirect ownership financial
transaction code J financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did MGRC executive John P. Skenesky report?
What price was used for the MGRC diversification transaction reported by Skenesky?
Was the MGRC Form 4 transaction under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.