McGrath RentCorp (NASDAQ: MGRC) CLO exercises RSUs, withholds shares for tax

Rhea-AI Filing Summary

McGrath RentCorp senior vice president and chief legal officer Gilda Malek reported equity award activity involving restricted stock units and common stock. On February 23, 2026, 1,333 restricted stock units were exercised or converted, resulting in an equivalent acquisition of 1,333 shares of common stock at a stated price of $0.0000 per share.

On the same date, 1,217 shares of common stock were disposed of in a transaction coded as tax withholding at a price of $113.0700 per share to cover exercise or tax obligations. After these transactions, Malek directly held 4,184 shares of common stock and 1,334 restricted stock units.

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

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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^*

Malek Gilda

(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)
	SVP, Chief Legal Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/23/2026

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	02/23/2026		M		1,333	A	$0	5,401	D
Common Stock	02/23/2026		F		1,217	D	$113.07	4,184	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
Restricted Stock Unit	$0	02/23/2026		M			1,333	(1)	02/23/2031	Common Stock	1,333	$0	1,334	D

Explanation of Responses:

1. The restricted stock unit shall vest 33% on the first annual anniversary of the grant; 33% on the second annual anniversary of the grant; and 34% on the third annual anniversary of the grant. Each restricted stock unit represents a right to receive one share of common stock or an amount equal to the fair market value of the common stock underlying the unit on the vesting date.

	Tara Wescott, POA for Gilda Malek	02/25/2026
	** 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.
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FAQ

What insider transaction did MGRC executive Gilda Malek report on this Form 4?

Gilda Malek reported exercising or converting 1,333 restricted stock units into 1,333 shares of McGrath RentCorp common stock. The activity reflects equity compensation mechanics rather than an open market purchase, using a transaction code for derivative exercises or conversions.

How many McGrath RentCorp (MGRC) shares were used for tax withholding?

The filing shows 1,217 shares of McGrath RentCorp common stock were disposed of at $113.0700 per share in a tax-withholding transaction. This transaction type covers exercise price or tax liabilities by delivering shares, rather than an ordinary market sale by the executive.

What are Gilda Malek’s MGRC share holdings after these Form 4 transactions?

After the reported transactions, Gilda Malek directly holds 4,184 shares of McGrath RentCorp common stock. In addition, she holds 1,334 restricted stock units, which represent rights to receive shares or cash equal to the fair market value upon vesting, as described.

What do the restricted stock units in the MGRC Form 4 represent?

Each restricted stock unit represents a right to receive one McGrath RentCorp common share or cash equal to its fair market value at vesting. The units vest 33% on the first anniversary, 33% on the second, and 34% on the third anniversary of the grant date.

Did the MGRC Form 4 show an open market sale by Gilda Malek?

The Form 4 does not show an open market sale; it reports a tax-withholding disposition coded “F” for 1,217 shares. That code indicates shares were delivered to cover exercise price or tax liabilities associated with equity awards, not a discretionary sale into the market.