McGrath RentCorp Form 4: CFO Trims Holding by 10k Shares

Rhea-AI Filing Summary

McGrath RentCorp (MGRC) Form 4: Executive VP & CFO Keith E. Pratt reported three open-market sales of company stock on 07/29-07/30/2025.

• Sold 6,603 shares at $125.6124, 397 shares at $126.2337, and 3,000 shares at $127.1748 — exactly 10,000 shares in total.
• After the transactions, Pratt’s direct ownership fell to 51,767 shares.
• All transactions were coded “S” (routine open-market sales); no derivative activity or 10b5-1 trading plan was cited.

The filing signals a meaningful reduction in the CFO’s personal stake but does not include commentary on company performance or future outlook.

Positive

• None.

Negative

• CFO sold 10,000 shares (approx. 16% of his holdings) without citing a 10b5-1 plan, potentially signaling weaker insider confidence.

Insights

Securities Analyst

TL;DR: CFO trims 16% stake; neutral-to-slight negative sentiment signal, no operational data disclosed.

Pratt’s 10,000-share sale represents roughly 16% of his previously held 61,767-share position, generating about $1.26 million in proceeds at prices between $125.61 – $127.17. While insiders diversify for many reasons, a sizable C-suite divestiture can be interpreted by some investors as reduced conviction. The absence of a 10b5-1 plan or offsetting purchases heightens the caution flag, yet the filing lacks information on business trends, making the market impact modest and primarily sentiment-driven.

Risk Analyst

TL;DR: Insider sale raises governance watchpoint but not a red flag without pattern or adverse news.

Isolated insider sales seldom alter risk profiles unless they form a persistent pattern or coincide with negative catalysts. Pratt remains a substantial shareholder with 51,767 shares, retaining economic alignment with investors. No derivatives or accelerated vesting were disclosed, and the company’s reporting obligations remain in good standing. I view this as routine portfolio management, though continued insider selling could warrant closer monitoring.

SEC Form 4

FORM 4

UNITED 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^*

PRATT KEITH E

(Last) (First) (Middle)

C/O MCGRATH RENTCORP

5700 LAS POSITAS ROAD

(Street)

LIVERMORE, CA 94551 CA 94551

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
MCGRATH RENTCORP [ MGRC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Executive VP and CFO

3. Date of Earliest Transaction (Month/Day/Year)
07/29/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/29/2025		S		6,603	D	$125.6124(1)	55,164	D
Common Stock	07/29/2025		S		397	D	$126.2337(2)	54,767	D
Common Stock	07/30/2025		S		3,000	D	$127.1748(3)	51,767	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $125.00 to $126.00, 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.

2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $126.04 to $126.78, 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.

3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $127.00 to $127.925, 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 (3) to this Form 4.

	David Whitney, POA for Keith Pratt	07/31/2025
	** Signature of Reporting Person	Date
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.

FAQ

How many MGRC shares did the CFO sell according to the Form 4?

The filing shows sales of 10,000 common shares across three transactions.

At what prices were the MGRC shares sold?

Weighted-average prices were $125.6124, $126.2337, and $127.1748 for the respective trades.

What is Keith Pratt’s remaining MGRC shareholding after the sale?

Pratt now directly owns 51,767 MGRC shares.

Were any derivative securities involved in this Form 4 filing?

No. No derivative securities were acquired or disposed of in this report.

Did the filing mention a Rule 10b5-1 trading plan?

The Form 4 does not indicate that these sales were executed under a 10b5-1 plan.