MGRC CEO receives 1,300 restricted stock units
HANNA JOSEPH F reported acquisition or exercise transactions in this Form 4 filing.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,300 | $0.00 | $0.00 |
Footnotes (3)
- F1. Represents restricted stock units ("RSUs").
- F2. 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.
- F3. Represents 167,049 shares outstanding and 1,300 unvested RSUs.
FAQ
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What did MGRC President and CEO Joseph F. Hanna report on this Form 4?
How many restricted stock units did MGRC grant to Joseph F. Hanna?
When do Joseph F. Hanna’s new MGRC restricted stock units vest?
What does each MGRC restricted stock unit granted to Joseph F. Hanna represent?
Under which plan were Joseph F. Hanna’s MGRC restricted stock units granted?
AI-generated analysis. How Rhea-AI works. Not financial advice.