[Form 4] MCGRATH RENTCORP Insider Trading Activity
MCGRATH RENTCORP senior vice president and chief accounting officer David M. Whitney reported an internal retirement plan transaction involving 5,966 shares of common stock at $104 per share.
Rhea-AI Filing Summary
MCGRATH RENTCORP senior vice president and chief accounting officer David M. Whitney reported an internal retirement plan transaction involving 5,966 shares of common stock at $104 per share. The shares are held indirectly through a spouse's KSOP account, bringing total indirect holdings to 7,334 shares after the transaction.
The footnote explains this was an acquisition under a diversification election within the McGrath RentCorp Employee Stock Ownership and 401(k) Plan, with the proceeds remaining in the plan rather than reflecting an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 5,966 | $104.00 | $620K |
Footnotes (1)
- F1. Acquisition made pursuant to a diversification election under the McGrath RentCorp Employee Stock Ownership and 401(k) Plan. The proceeds of the acquisition remained in the Plan.
FAQ
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What insider transaction did McGrath RentCorp (MGRC) report on this Form 4?
Who is the insider involved in the latest McGrath RentCorp (MGRC) Form 4 filing?
Was the McGrath RentCorp (MGRC) insider transaction an open-market buy or sell?
What does the footnote reveal about the McGrath RentCorp (MGRC) Form 4 transaction?
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