MGRC director awarded 1,300 RSUs
DAWSON WILLIAM J reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
DAWSON WILLIAM J reported acquisition or exercise transactions in this Form 4 filing.
McGrath RentCorp director William J. Dawson reported an equity award of 1,300 restricted stock units (RSUs). The RSUs were granted under the 2016 Stock Incentive Plan and vest 100% on April 1, 2027. Each RSU represents the right to receive one share of common stock or the cash value of a share on the vesting date. Following this award, Dawson’s holdings consist of 6,000 common shares and 1,300 unvested RSUs, totaling 7,300 reported equity interests.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,300 | $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 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.
- F3. Represents 6,000 shares outstanding and 1,300 unvested RSUs.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did MGRC director William J. Dawson report on this Form 4?
When do William J. Dawson’s new MGRC restricted stock units vest?
How many McGrath RentCorp equity interests does William J. Dawson hold after this grant?
What is the nature of the 1,300 MGRC restricted stock units granted to Dawson?
Did William J. Dawson pay anything for the MGRC restricted stock units he received?
Is this MGRC Form 4 transaction a buy or a sale of common stock?
AI-generated analysis. How Rhea-AI works. Not financial advice.