MCGRATH RENTCORP·4

Jul 2, 7:53 PM ET

HANNA JOSEPH F 4

Research Summary

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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.