Director Kimberly Ann Box awarded 1,300 RSUs at McGrath RentCorp (MGRC)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Box Kimberly Ann reported acquisition or exercise transactions in this Form 4 filing.
McGrath RentCorp director Kimberly Ann Box received an equity award of 1,300 restricted stock units on February 27, 2026 under the 2016 Stock Incentive Plan. These RSUs vest 100% on April 1, 2027. After this grant, she holds 7,000 common shares plus 1,300 unvested RSUs, totaling 8,300 reported shares and units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Box Kimberly Ann
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,300 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 8,300 shares (Direct)
Footnotes (1)
- Represents restricted stock units ("RSUs"). The RSUs were acquired under the 2016 Stock Incentive Plan. The restricted stock units vest 100% on April 1, 2027. 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. Represents 7,000 shares outstanding and 1,300 unvested RSUs.
FAQ
What did McGrath RentCorp (MGRC) report in this Form 4 filing?
McGrath RentCorp reported that director Kimberly Ann Box received an award of 1,300 restricted stock units of common stock. The award was a grant, not an open-market purchase, and was issued under the company’s 2016 Stock Incentive Plan.
When do Kimberly Ann Box’s new McGrath RentCorp (MGRC) RSUs vest?
The 1,300 restricted stock units granted to Kimberly Ann Box vest 100% on April 1, 2027. At vesting, each RSU converts into either one share of common stock or a cash amount equal to the stock’s fair market value on that date.
What type of transaction is reported for McGrath RentCorp (MGRC) director Kimberly Ann Box?
The filing reports a grant or award acquisition of 1,300 restricted stock units, coded as transaction type A. This represents compensation in equity form rather than a purchase or sale on the open market by the director.
Under which plan were the McGrath RentCorp (MGRC) RSUs granted to Kimberly Ann Box?
The 1,300 restricted stock units were granted under McGrath RentCorp’s 2016 Stock Incentive Plan. This plan provides for equity-based compensation, and the RSUs give Box the right to receive stock or cash value at their vesting date.