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McGrath RentCorp (MGRC) director granted 1,300 RSUs vesting in 2027

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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.
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*
DAWSON WILLIAM J

(Last) (First) (Middle)
C/O MCGRATH RENTCORP
5700 LAS POSITAS ROAD

(Street)
LIVERMORE CA 94551

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
MCGRATH RENTCORP [ MGRC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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(1) 02/27/2026 A 1,300(2) A $0 7,300(3) 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
Explanation of Responses:
1. Represents restricted stock units ("RSUs").
2. 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.
3. Represents 6,000 shares outstanding and 1,300 unvested RSUs.
David Whitney, POA for William Dawson 03/03/2026
** 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.

FAQ

What did MGRC director William J. Dawson report on this Form 4?

William J. Dawson reported receiving 1,300 restricted stock units (RSUs). These RSUs are a form of equity compensation that may convert into common shares or cash based on McGrath RentCorp’s stock value at vesting, aligning director incentives with shareholder interests.

When do William J. Dawson’s new MGRC restricted stock units vest?

The 1,300 restricted stock units vest 100% on April 1, 2027. Once vested, each RSU entitles Dawson to receive one McGrath RentCorp common share or cash equal to the share’s fair market value on the vesting date, depending on plan terms.

How many McGrath RentCorp equity interests does William J. Dawson hold after this grant?

After the grant, Dawson holds 7,300 total reported equity interests. This total includes 6,000 shares of McGrath RentCorp common stock and 1,300 unvested restricted stock units, as disclosed in the Form 4 footnotes summarizing his post-transaction holdings.

What is the nature of the 1,300 MGRC restricted stock units granted to Dawson?

The 1,300 units are restricted stock units under the 2016 Stock Incentive Plan. Each RSU represents a right, after vesting, to receive either one McGrath RentCorp share or cash equal to the fair market value of a share on the vesting date.

Did William J. Dawson pay anything for the MGRC restricted stock units he received?

The reported transaction price per share is shown as $0.0000. This indicates the 1,300 restricted stock units were granted as compensation rather than purchased on the open market, consistent with a typical director equity award structure.

Is this MGRC Form 4 transaction a buy or a sale of common stock?

This Form 4 reflects an acquisition via grant, not a sale. The transaction code is “A” for a grant, award, or other acquisition of 1,300 restricted stock units, rather than an open-market purchase or sale of McGrath RentCorp common shares.
Mcgrath Rentcorp

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