McGrath RentCorp (MGRC) 10% owner sells 539 common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
McGrath RentCorp insider Kristina Van Trease Whitney reported an open-market sale of common stock. On May 15, 2026, she sold 539 shares of McGrath RentCorp common stock at a weighted average price of $115.0003, with individual trades ranging from $115.00 to $115.16.
Following this transaction, she beneficially owns 10,316 shares directly. The filing classifies her as both a 10% owner and the company’s Chief Strategy Officer, and the sale is reported as a disposition of non-derivative securities, with no derivative security activity listed.
Positive
- None.
Negative
- None.
Key Figures
Shares sold: 539 shares
Weighted average sale price: $115.0003 per share
Price range of trades: $115.00–$115.16 per share
+2 more
5 metrics
Shares sold
539 shares
Common stock sold on May 15, 2026
Weighted average sale price
$115.0003 per share
Open-market sale on May 15, 2026
Price range of trades
$115.00–$115.16 per share
Multiple transactions underlying weighted average price
Shares owned after transaction
10,316 shares
Beneficially owned directly after May 15, 2026 sale
Transaction date
05/15/2026
Date of earliest transaction in Form 4
Key Terms
weighted average price, beneficially Owned, Non-Derivative Securities, Derivative Securities, +1 more
5 terms
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
beneficially Owned financial
"Amount of Securities Beneficially Owned Following Reported Transaction(s)"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Non-Derivative Securities financial
"Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned"
Derivative Securities financial
"Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned"
Financial contracts whose value is tied to the price or performance of another asset, such as a stock, bond, commodity, index, or currency; examples include options, futures and swaps. They matter to investors because they let you protect against price swings, bet on future moves or gain larger exposure with less upfront cash—like using a lever or insurance policy on an investment—so they can amplify gains and losses and help manage portfolio risk.
power of attorney regulatory
"Gilda Malek, POA for Kristina Van Trease Whitney"
A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.
FAQ
What insider transaction did McGrath RentCorp (MGRC) report on May 15, 2026?
McGrath RentCorp reported that insider Kristina Van Trease Whitney sold 539 shares of common stock on May 15, 2026. The shares were sold in open-market transactions at prices between $115.00 and $115.16, with a weighted average price of $115.0003.
Who is the insider involved in the latest MGRC Form 4 filing?
The insider is Kristina Van Trease Whitney, identified as a 10% owner and Chief Strategy Officer of McGrath RentCorp. She reported an open-market sale of 539 common shares and continues to beneficially own 10,316 shares directly after the transaction.
Were any derivative securities reported in this McGrath RentCorp (MGRC) Form 4?
No derivative securities were reported in this Form 4. Table II, which covers options, warrants, and other derivatives, contains no transactions. The filing only shows a disposition of non-derivative common stock in Table I on May 15, 2026.
How was the sale price for the MGRC insider transaction described?
The sale price was reported as a weighted average of $115.0003 per share. The Form 4 explains that the 539 shares were sold in multiple trades between $115.00 and $115.16, and the insider offers to provide detailed breakdowns upon request.