HANNA JOSEPH F 4
4 · MCGRATH RENTCORP · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
McGrath RentCorp (MGRC) Director Joseph F. Hanna Sells 7,500 Shares
What Happened
Joseph F. Hanna, a director of McGrath RentCorp (MGRC), sold a total of 7,500 shares in open-market transactions on July 1, 2026, for aggregate proceeds of about $904,818. The sales were reported on Form 4 filed July 2, 2026. The transactions (all sales) broke down as: 460 shares at a weighted average price of $119.21 for $54,836 (footnote F1); 4,803 shares at a weighted average price of $120.51 for $578,786 (F2); and 2,237 shares at a weighted average price of $121.23 for $271,196 (F3).
Key Details
- Transaction date: July 1, 2026 (filed July 2, 2026 — timely filing).
- Transaction type/code: Open-market sales (Code S).
- Per-trade detail:
- 460 shares — $119.21 weighted avg (range $118.63–$119.49) = $54,836 (F1)
- 4,803 shares — $120.51 weighted avg (range $119.875–$120.87) = $578,786 (F2)
- 2,237 shares — $121.23 weighted avg (range $120.88–$121.80) = $271,196 (F3)
- Total sold: 7,500 shares for ~$904,818.
- Shares owned after transaction: Not disclosed in this Form 4.
- Notable footnotes: Each reported price is a weighted average; footnotes provide the price ranges and offer to supply per-trade breakdowns on request. No 10b5-1 plan, tax-withholding, or late filing is indicated.
Context
- These are outright sales (not option exercises or gifts). Sales by directors can be routine portfolio activity and do not, by themselves, indicate company performance or insider sentiment.
- For retail investors, purchases generally carry more direct informational value than routine sales; this filing is informational about insider liquidity rather than a new ownership stake.
Insider Transaction Report
Form 4
MCGRATH RENTCORPMGRC
HANNA JOSEPH F
Director
Transactions
- Sale
Common Stock
[F1]2026-07-01$119.21/sh−460$54,836→ 158,589 total - Sale
Common Stock
[F2]2026-07-01$120.51/sh−4,803$578,786→ 153,786 total - Sale
Common Stock
[F3]2026-07-01$121.23/sh−2,237$271,196→ 151,549 total
Footnotes (3)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $118.63 to $119.49, inclusive. The reporting person undertakes to provide to McGrath RentCorp, any security holder of McGrath RentCorp, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $119.875 to $120.87, inclusive. The reporting person undertakes to provide to McGrath RentCorp, any security holder of McGrath RentCorp, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $120.88 to $121.80, inclusive. The reporting person undertakes to provide to McGrath RentCorp, any security holder of McGrath RentCorp, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (3) to this Form 4.
Signature
Gilda Malek, POA for Joseph Hanna|2026-07-02