MGRC HR chief reports RSU vesting and tax sales
MCGRATH RENTCORP SVP and Chief HR Officer Tara Wescott reported equity award activity.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
MCGRATH RENTCORP SVP and Chief HR Officer Tara Wescott reported equity award activity. On February 23 and 24, 2026, she acquired multiple blocks of common stock through the vesting and conversion of restricted stock units and performance-based RSUs, then disposed of 1,482 and 521 shares, respectively, to cover tax withholding obligations. After these non‑open‑market transactions, she directly owned 7,356 shares of common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 1,200 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit | 401 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,911 | $0.00 | $0.00 |
| Exercise | Common Stock | 401 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,482 | $114.48 | $170K |
| Exercise | Restricted Stock Unit | 827 | $0.00 | $0.00 |
| Exercise | Common Stock | 827 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 521 | $113.07 | $59K |
Footnotes (4)
- F1. The restricted stock unit shall vest 33% on the first annual anniversary of the grant; 33% on 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 common stock or an amount equal to the fair market value of the common stock underlying the unit on the vesting date.
- F2. Shares acquired upon vesting of performance based RSUs. Each vested RSU converts into 159.21% of one share of McGrath RentCorp common stock.
- F3. The RSUs are subject to a performance based vesting component at the end of a three-year performance period.
- F4. The conversion price of the RSUs was based on the closing price of McGrath RentCorp common stock on February 24, 2026 and therefore such date is determined to be the date exercisable.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did MGRC executive Tara Wescott report?
How do MGRC restricted stock units work for Tara Wescott?
What does the Form 4 reveal about MGRC performance-based RSUs?
AI-generated analysis. How Rhea-AI works. Not financial advice.