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McGrath RentCorp (MGRC) CFO awarded 6,080 RSUs in new equity grant

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

Rhea-AI Filing Summary

McGrath RentCorp Executive VP and CFO Keith E. Pratt received an equity award of 6,080 restricted stock units (RSUs) of common stock on February 27, 2026. The RSUs were granted under the company’s 2016 Stock Incentive Plan at no cash purchase price.

The award vests over three years, with 33% vesting on the first anniversary of the grant date, 33% on the second anniversary, and 34% on the third anniversary. Each RSU converts into either one share of common stock or a cash amount equal to the fair market value of one share on the applicable vesting date.

Following this grant, Pratt’s holdings consist of 54,442 shares of common stock and 6,080 unvested RSUs, for a total of 60,522 derivative and non-derivative equity interests in McGrath RentCorp.

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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*
PRATT KEITH E

(Last) (First) (Middle)
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)
Executive VP and CFO
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 6,080(2) A $0 60,522(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 acquired under the 2016 Stock Incentive Plan. The restricted stock unit shall vest 33% on the first annual anniversary of the grant; 33% of 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 stock or an amount equal to the fair market value of the common stock underlying the unit on the vesting date.
3. Represents 54,442 shares outstanding and 6,080 unvested RSUs.
Gilda Malek, POA for Keith Pratt 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 McGrath RentCorp (MGRC) disclose about Keith E. Pratt’s latest stock award?

McGrath RentCorp reported that Executive VP and CFO Keith E. Pratt acquired 6,080 restricted stock units. The grant was made on February 27, 2026 under the 2016 Stock Incentive Plan, with no purchase price, as part of his equity-based compensation.

How many McGrath RentCorp (MGRC) RSUs did Keith E. Pratt receive in this Form 4?

Keith E. Pratt received 6,080 restricted stock units of McGrath RentCorp common stock. These RSUs were granted as an equity award and will convert into shares or cash equal to the fair market value upon vesting over a three-year schedule.

What is the vesting schedule for Keith E. Pratt’s 6,080 McGrath RentCorp RSUs?

The 6,080 RSUs vest over three years: 33% on the first anniversary of the grant, 33% on the second anniversary, and 34% on the third. Each vested RSU delivers one share or cash equal to the fair market value per share on the vesting date.

Under which plan were Keith E. Pratt’s McGrath RentCorp RSUs granted?

The RSUs were granted under McGrath RentCorp’s 2016 Stock Incentive Plan. This plan provides equity awards like restricted stock units to executives, aligning their compensation with shareholder interests through stock-based incentives that vest over time.

How many McGrath RentCorp shares and RSUs does Keith E. Pratt hold after this grant?

After the grant, Keith E. Pratt holds 54,442 shares of McGrath RentCorp common stock and 6,080 unvested RSUs. In total, he has 60,522 equity interests combining his directly owned shares and this new restricted stock unit award.

Does Keith E. Pratt’s latest McGrath RentCorp RSU grant involve a cash purchase?

No, the RSU grant does not involve a cash purchase. The Form 4 shows a transaction price per share of 0.0000, indicating a grant or award acquisition, not an open-market purchase, consistent with stock-based executive compensation.
Mcgrath Rentcorp

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Rental & Leasing Services
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