Vanguard realigns reporting; McGrath RentCorp (MGRC) shown as 0% ownership
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G/A
Rhea-AI Filing Summary
The Vanguard Group filed Amendment No. 13 to a Schedule 13G/A reporting 0 shares of McGrath RentCorp common stock. The amendment states that, following an internal realignment, certain Vanguard subsidiaries will report beneficial ownership separately in reliance on SEC Release No. 34-39538 (January 12, 1998). The filing lists 0% ownership and indicates the disaggregation of prior holdings; it is signed by Ashley Grim on 03/27/2026.
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FAQ
What does The Vanguard Group report for MGRC in this Schedule 13G/A amendment?
The filing reports 0 shares and 0% beneficial ownership of MGRC common stock. The amendment attributes the zero reporting to an internal realignment and disaggregation of holdings under SEC Release No. 34-39538.
Why does Vanguard report zero ownership of MGRC after this amendment?
Vanguard states an internal realignment caused certain subsidiaries to report separately, leading to disaggregated beneficial ownership. The amendment cites SEC Release No. 34-39538 as the basis for separate reporting.
Who signed the Schedule 13G/A amendment for The Vanguard Group?
The amendment is signed by Ashley Grim, Head of Global Fund Administration, with the signature date noted as 03/27/2026. The filing lists Vanguard's Malvern, PA address.
Does the amendment identify any third party with more than 5% ownership of MGRC?
The filing states no other person's interest exceeds 5%. It notes Vanguard clients and managed accounts, but no individual holder over the 5% threshold is identified.