VAN TREASE KRISTINA 4
Research Summary
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MGRC CSO Kristina Van Trease Sells 539 Shares
What Happened Kristina Van Trease, Chief Strategy Officer of McGrath RentCorp (ticker: MGRC), sold 539 shares on May 15, 2026. The reported weighted-average price was $115.00 per share, producing proceeds of approximately $61,985. The sale is reported as an open-market/private sale (Form 4 code S).
Key Details
- Transaction date: May 15, 2026; Form 4 filed May 19, 2026 (timely — two business days after the transaction).
- Reported price: weighted-average $115.00 per share; footnote indicates trades occurred at prices ranging from $115.00 to $115.16.
- Shares sold: 539; proceeds ≈ $61,985.
- Shares owned after transaction: not disclosed in the provided filing excerpt.
- Footnote: the filing states the price is a weighted average and the reporting person can provide a breakdown of shares sold at each price within the $115.00–$115.16 range upon request.
Context This was a straight sale of existing shares (not an option exercise, gift, or award). Sales by executives can be routine (diversification, liquidity, pre-arranged plans, etc.), and a single sale does not by itself indicate a change in insider sentiment. The filing appears timely under Form 4 rules.