Hawkins Philip B sold MGRC
February 25, 2025 · Form 4 insider transaction
Hawkins Philip B sold 2,000 shares of McGrath RentCorp at $0.00 per share, a transaction worth N/A. The trade was recorded as option exercise and disclosed on an SEC Form 4, filed 1 day after the transaction.
Direction
Disposed (sell-side)
Shares
2,000
Price
$0.00
Total value
N/A
InsiderHawkins Philip B
Role—
CompanyMcGrath RentCorp (MGRC)
SecurityRestricted Stock Unit
Transaction codeM: Option exercise
Transaction dateFebruary 25, 2025
Filing dateFebruary 26, 2025
Shares owned after0
OwnershipDirect
10b5-1 planNo
AmendedNo
Footnotes
Subject to vesting and upon achievement of certain performance goals, each vested RSU was converted into 200% of one share of McGrath RentCorp common stock.; The RSUs are subject to a performance based vesting component at the end of a three-year performance period.; The conversion price of the RSUs was based on the closing price of McGrath RentCorp common stock on February 25, 2025 and therefore such date is determined to be the date exercisable.