Wescott Tara 4

What Happened

• Tara Wescott, Senior Vice President and Chief Human Resources Officer of McGrath Rentcorp (MGRC), received an award of 1,800 restricted stock units (RSUs) on 2026-02-27. The grant was recorded at $0.00 acquisition price (standard for RSU awards); no cash changed hands.
• The RSUs were granted under the company’s 2016 Stock Incentive Plan and will convert into shares (or cash equal to the fair market value) as they vest — 33% on the first anniversary, 33% on the second, and 34% on the third.

Key Details

• Transaction date: 2026-02-27; transaction type: Award/Grant (code A).
• Shares/units granted: 1,800 RSUs; reported acquisition price: $0.00.
• Shares owned after transaction: 7,356 shares beneficially owned and 1,800 unvested RSUs (per filing).
• Footnotes: F1 = RSUs; F2 = 3-year vesting schedule (33%/33%/34%) and each RSU equals one share or cash at vesting; F3 = shows total reported outstanding shares and unvested RSUs.
• Timeliness: Filing does not indicate a late report.

Context

• RSU grants are compensation awards, not open-market purchases — they typically reflect employee compensation and vest over time rather than an immediate bullish purchase signal. The RSUs will only convert to tradable shares (or cash) as they vest according to the schedule, so they do not immediately increase the insider’s marketable share count.