Whitney David M 4

What Happened

• David M. Whitney, Senior Vice President and Chief Accounting Officer of McGrath RentCorp (MGRC), acquired 5,966 shares on 2026-03-12 at $104.00 per share, a transaction valued at $620,464. The Form 4 reports the trade as an "other acquisition" (code J).

Key Details

• Transaction date: 2026-03-12; Price: $104.00; Shares acquired: 5,966; Total value: $620,464.
• Transaction type/code: Other acquisition (J) — see footnote.
• Footnote: Acquisition made pursuant to a diversification election under the McGrath RentCorp Employee Stock Ownership and 401(k) Plan; the proceeds of the acquisition remained in the Plan.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Filing date: 2026-03-16. The filing appears to have been submitted within the typical reporting window for Form 4s.

Context

• This was an intra-plan acquisition tied to a 401(k)/ESOP diversification election — a routine plan transaction rather than an open-market purchase or sale. Such plan-based purchases are common and do not necessarily signal a change in the insider’s market view.