MCGRATH RENTCORP (MGRC) legal chief sells 1,407 common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MCGRATH RENTCORP senior executive Gilda Malek, the SVP and Chief Legal Officer, reported an open-market sale of company stock. She sold 1,407 shares of Common Stock at $114.04 per share and now directly holds 8,018 shares following the transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,407 shares ($160,454)
Net Sell
1 txn
Insider
Malek Gilda
Role
SVP, Chief Legal Officer
Sold
1,407 shs ($160K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,407 | $114.04 | $160K |
Holdings After Transaction:
Common Stock — 8,018 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold: 1,407 shares
Sale price per share: $114.04 per share
Shares owned after sale: 8,018 shares
3 metrics
Shares sold
1,407 shares
Open-market sale of Common Stock
Sale price per share
$114.04 per share
Transaction price for the sale
Shares owned after sale
8,018 shares
Direct ownership following transaction
Key Terms
open-market sale, Common Stock, SVP, Chief Legal Officer
3 terms
open-market sale financial
"reported an open-market sale of company stock"
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.
Common Stock financial
"1,407 shares of Common Stock at $114.04 per share"
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.
SVP, Chief Legal Officer financial
"Gilda Malek, the SVP and Chief Legal Officer"
FAQ
What insider transaction did MGRC executive Gilda Malek report?
Gilda Malek reported selling 1,407 MGRC shares. The SVP and Chief Legal Officer completed an open-market sale of Common Stock at $114.04 per share, as disclosed in a Form 4 insider trading report.
What role does Gilda Malek hold at MCGRATH RENTCORP?
Gilda Malek serves as SVP and Chief Legal Officer. The Form 4 identifies her as an officer of MCGRATH RENTCORP with this title, making her transactions subject to insider reporting requirements.
Was the MGRC insider transaction a purchase or a sale?
The transaction was a sale of MGRC shares. The Form 4 lists transaction code “S” and describes it as an open-market sale of 1,407 shares of Common Stock at $114.04 per share.