4Filed Mar 2, 7:00 PM ET
MCGRATH RENTCORP (MGRC) CFO Keith Pratt Receives RSU Award
$MGRC · MCGRATH RENTCORPResearch Summary
AI-generated summary of this SEC filing
MCGRATH RENTCORP (MGRC) CFO Keith Pratt Receives RSU Award
What Happened
Keith E. Pratt, Executive Vice President and Chief Financial Officer of MCGRATH RENTCORP (MGRC), received a grant of 6,080 restricted stock units (RSUs) on February 27, 2026. The RSUs were reported at an acquisition price of $0.00 (code A — award/grant). Each RSU represents a right to receive one share (or cash equal to the fair market value) on the vesting date.
Key Details
- Transaction date: 2026-02-27; filing date: 2026-03-03.
- Security: 6,080 RSUs granted; reported price $0.00 (award).
- Shares held after the grant: 54,442 shares owned outright and 6,080 unvested RSUs (per filing footnote).
- Plan and vesting: RSUs granted under the 2016 Stock Incentive Plan. Vesting schedule: 33% at the first anniversary, 33% at the second, and 34% at the third anniversary of the grant. Each RSU converts to one share or cash equal to the share value at vesting (footnotes F1–F3).
- Filing note: No late-filing flag provided in the submission.
Context
This was an equity award (not an open-market purchase or sale). RSU grants are common incentive comp for executives and do not provide immediate tradable shares until vesting; therefore they are not direct evidence of short-term buying or selling intent.