MCGRATH RENTCORP (MGRC) Director Joseph F. Hanna Sells Shares

What Happened
Joseph F. Hanna, a director of McGrath RentCorp (MGRC), sold a total of 10,000 common shares in open-market transactions on May 4–5, 2026 for aggregate proceeds of approximately $1,124,670. The sales broke down as: 9,070 shares for $112.46 (weighted avg) totaling $1,020,033; 400 shares for $113.19 (weighted avg) totaling $45,277; and 530 shares for $112.00 totaling $59,360. These were outright sales (S) rather than purchases — sales are common for liquidity/tax reasons and do not necessarily signal insider sentiment.

Key Details

• Transaction dates: May 4, 2026 (two sales: 9,070 and 400 shares) and May 5, 2026 (530 shares).
• Reported prices and proceeds: 9,070 @ $112.46 (≈ $1,020,033); 400 @ $113.19 (≈ $45,277); 530 @ $112.00 (≈ $59,360). Total ≈ $1,124,670.
• Footnotes: Reported prices are weighted averages. Footnote F1 covers sales priced between $112.00–$112.94; F2 covers sales between $113.115–$113.285. The filer can provide per-transaction pricing on request.
• Filing: Form 4 filed May 5, 2026 reporting trades on May 4–5 — appears timely based on the dates reported.
• Shares owned after the transaction: not specified in the information provided in this summary.

Context
These were open-market sales (transaction code S). Such sales are routine for insiders and may reflect personal liquidity needs, portfolio rebalancing, or other non-fundamental reasons; they are not direct proof of a change in the company's outlook. Retail investors should consider insider transaction data as one of many inputs and combine it with company fundamentals and news before making investment decisions.