MGRC SVP awarded 1,800 restricted stock units
Wescott Tara reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Wescott Tara reported acquisition or exercise transactions in this Form 4 filing.
McGrath RentCorp senior vice president and chief HR officer Tara Wescott reported an equity award of 1,800 restricted stock units on common stock. The RSUs carry no purchase price and were granted under the 2016 Stock Incentive Plan, vesting 33%, 33%, and 34% over three annual anniversaries. After this award, she reports 9,156 shares in total, including 7,356 shares and 1,800 unvested RSUs.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,800 | $0.00 | $0.00 |
Footnotes (3)
- F1. Represents restricted stock units ("RSUs").
- F2. The RSUs were acquired under the 2016 Stock Incentive Plan. The restricted stock unit shall vest 33% on the first annual anniversary of he 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.
- F3. Represents 7,356 shares outstanding and 1,800 unvested RSUs.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did MGRC executive Tara Wescott report?
How do Tara Wescott’s new MGRC RSUs vest over time?
Under which plan were Tara Wescott’s MGRC restricted stock units granted?
Did Tara Wescott buy or sell MGRC stock in the market in this Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.