McGrath RentCorp (MGRC) insider sale totals 3,783 shares at $113.65
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
McGrath RentCorp reported an insider open-market sale associated with SVP and Chief Accounting Officer David M. Whitney. On June 10, 2026, an account identified as the officer’s spouse's holding sold 3,783 shares of common stock at a weighted average price of $113.6514 per share. The filing notes the shares were sold in multiple trades between $113.50 and $114.10 per share. Following this transaction, the spouse’s account held 6,533 shares of McGrath RentCorp common stock indirectly attributed to the executive.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,783 shares ($429,943)
Net Sell
1 txn
Insider
Whitney David M
Role
SVP, Chief Accounting Officer
Sold
3,783 shs ($430K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,783 | $113.6514 | $430K |
Holdings After Transaction:
Common Stock — 6,533 shares (Indirect, Spouse's Holding)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 3,783 shares
Weighted average sale price: $113.6514 per share
Post-transaction holdings: 6,533 shares
+1 more
4 metrics
Shares sold
3,783 shares
Open-market sale on June 10, 2026
Weighted average sale price
$113.6514 per share
Common stock sale on June 10, 2026
Post-transaction holdings
6,533 shares
Indirect spouse’s holding after transaction
Price range of trades
$113.50–$114.10 per share
Multiple trades comprising reported sale
Key Terms
open-market sale, weighted average price, indirect ownership, Common Stock
4 terms
open-market sale financial
"transaction_action": "open-market sale""
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.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
indirect ownership financial
""direct_or_indirect": "I", "nature_of_ownership": "Spouse's Holding""
Common Stock financial
""security_title": "Common Stock""
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.
FAQ
What insider transaction did McGrath RentCorp (MGRC) report in this Form 4?
McGrath RentCorp reported an open-market sale linked to SVP and Chief Accounting Officer David M. Whitney. A spouse’s account sold 3,783 shares of common stock on June 10, 2026 at a weighted average price of $113.6514 per share.
Was the McGrath RentCorp (MGRC) insider sale executed in a single trade?
No. The filing explains that the 3,783 shares were sold in multiple transactions. These trades occurred at prices ranging from $113.50 to $114.10, with the reported $113.6514 representing the weighted average sale price across all executed trades.