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MGRC (MGRC) CEO awarded 1,300 restricted stock units vesting in 2027

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

HANNA JOSEPH F reported acquisition or exercise transactions in this Form 4 filing.

MCGRATH RENTCORP President and CEO Joseph F. Hanna received an award of 1,300 restricted stock units as consideration for his continuing role as a non-employee director under the 2016 Stock Incentive Plan. These RSUs vest 100% on April 1, 2027. After this grant, he holds 167,049 shares of common stock and 1,300 unvested RSUs.

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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*
HANNA JOSEPH F

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

(Street)
LIVERMORE 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)
President and CEO
3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026
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(1) 02/27/2026 A 1,300(2) A $0 169,049(3) 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. Represents restricted stock units ("RSUs").
2. The RSUs were granted as consideration for Mr. Hanna's continuing role as a non-employee director of the Company in lieu of any executive officer award he would otherwise receive in 2026. The RSUs were acquired under the 2016 Stock Incentive Plan. The restricted stock unit vest 100% on April 1, 2027. Each restricted stock unit represents a right to receive one share of stock or an amount equal to the fair market value of the common stock underlying the unit on the vesting date.
3. Represents 167,049 shares outstanding and 1,300 unvested RSUs.
Gilda Malek, POA for Joseph Hanna 03/03/2026
** 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

What did MGRC President and CEO Joseph F. Hanna report on this Form 4?

Joseph F. Hanna reported receiving 1,300 restricted stock units. The award was granted as consideration for his continuing role as a non-employee director under the 2016 Stock Incentive Plan and represents additional equity-based compensation tied to future vesting.

How many restricted stock units did MGRC grant to Joseph F. Hanna?

MCGRATH RENTCORP granted Joseph F. Hanna 1,300 restricted stock units. These units were issued in lieu of an executive officer award he would otherwise receive in 2026 and are structured as an equity incentive under the company’s 2016 Stock Incentive Plan.

When do Joseph F. Hanna’s new MGRC restricted stock units vest?

The 1,300 restricted stock units granted to Joseph F. Hanna vest 100% on April 1, 2027. Vesting means he will then be entitled to receive shares or cash equal to the fair market value of the underlying common stock on that vesting date.

What does each MGRC restricted stock unit granted to Joseph F. Hanna represent?

Each restricted stock unit represents a right to receive one share of MCGRATH RENTCORP common stock or an amount equal to the fair market value of that share on the vesting date, providing equity-based compensation linked directly to the company’s stock performance.

How many MGRC shares and RSUs does Joseph F. Hanna hold after this transaction?

Following this transaction, Joseph F. Hanna holds 167,049 shares of MCGRATH RENTCORP common stock and 1,300 unvested restricted stock units. This reflects his existing share ownership plus the newly granted RSUs that will vest in the future.

Under which plan were Joseph F. Hanna’s MGRC restricted stock units granted?

The restricted stock units granted to Joseph F. Hanna were issued under MCGRATH RENTCORP’s 2016 Stock Incentive Plan. This plan provides equity-based awards such as RSUs to align management and director compensation with long-term shareholder interests and company performance.
Mcgrath Rentcorp

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