McGrath RentCorp CLO exercises RSUs, covers taxes

McGrath RentCorp senior vice president and chief legal officer Gilda Malek exercised restricted stock units and settled related taxes in shares.

Rhea-AI Filing Summary

McGrath RentCorp senior vice president and chief legal officer Gilda Malek exercised restricted stock units and settled related taxes in shares. On March 31, 2026, 1,431 restricted stock units converted into 1,431 shares of common stock. Of these, 700 shares were withheld at $110.28 per share to cover tax obligations, leaving Malek with 9,425 common shares held directly after the transactions. The restricted stock units vest in three annual installments of 33%, 33% and 34%, with each unit delivering one share or its cash equivalent at vesting.

Insider Trade Summary

1,431 shares exercised/converted

Exercise 3 txns

Insider Malek Gilda

Role SVP, Chief Legal Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Unit	1,431	$0.00	$0.00
Exercise	Common Stock	1,431	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	700	$110.28	$77K

Holdings After Transaction: Restricted Stock Unit — 0 contracts (Direct); Common Stock — 9,425 shares (Direct)

Footnotes (1)

1. F1. 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.

Key Figures

RSUs exercised: 1,431 units Tax-withheld shares: 700 shares Tax price per share: $110.28/share +2 more

5 metrics

RSUs exercised 1,431 units Restricted stock units converted to common stock on March 31, 2026

Tax-withheld shares 700 shares Shares withheld to cover tax obligations at $110.28 per share

Tax price per share $110.28/share Value used for tax-withholding disposition of 700 shares

Shares owned after 9,425 shares Direct common stock holdings following the reported transactions

Exercise transactions 1 event Derivative exercise/conversion transaction count in summary

Key Terms

Restricted Stock Unit, tax-withholding disposition, Exercise or conversion of derivative security

3 terms

Restricted Stock Unit financial

"The restricted stock unit shall vest 33% on the first annual anniversary of the grant"

A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.

tax-withholding disposition financial

"Payment of exercise price or tax liability by delivering securities"

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

Exercise or conversion of derivative security financial

"transaction_code_description: Exercise or conversion of derivative security"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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

Gilda Malek reported exercising 1,431 restricted stock units into common shares and a related tax-withholding share disposition. The transaction reflects equity compensation vesting and tax settlement in stock rather than an open-market purchase or sale.

How many McGrath RentCorp (MGRC) shares did Gilda Malek receive and retain?

Malek received 1,431 common shares from vested restricted stock units. Of these, 700 shares were withheld to cover tax liabilities, leaving her with 9,425 McGrath RentCorp common shares held directly after the reported transactions.

What does the tax-withholding transaction mean in MGRC’s Form 4 filing?

The tax-withholding transaction shows 700 MGRC shares were surrendered at $110.28 per share to satisfy tax obligations on the vesting. This F-code disposition is not an open-market sale and primarily reflects required tax settlement mechanics.

How do the MGRC restricted stock units held by Gilda Malek vest over time?

The restricted stock units vest over three years: 33% on the first anniversary of grant, 33% on the second, and 34% on the third. Each vested unit delivers one MGRC common share or cash equal to its fair market value at vesting.

What is Gilda Malek’s direct ownership in McGrath RentCorp (MGRC) after this Form 4?

After exercising restricted stock units and settling taxes in shares, Malek directly holds 9,425 MGRC common shares. This figure reflects her post-transaction ownership as reported, incorporating both the RSU conversion and the tax-withholding share disposition.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/02/2026 - 08:19 PM Learn about SEC filing dates

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^*

Malek Gilda

(Last) (First) (Middle)

C/O MCGRATH RENTCORP

5700 LAS POSITAS ROAD

(Street)

LIVERMORE CALIFORNIA 94551

(City) (State) (Zip)

UNITED STATES

(Country)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	03/31/2026		M		1,431	A	$0	10,125	D
Common Stock	03/31/2026		F		700	D	$110.28	9,425	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	03/31/2026		M			1,431	03/31/2024(1)	03/31/2030	Common Stock	1,431	$0	0	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	04/02/2026
	** 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.
* Form 4: SEC 1474 (03-26)