Form 4: McGrath RentCorp Director Bradley M. Shuster Reports Stock Transaction
SEC Form 4 Filing
Director Bradley M. Shuster reports a transaction involving McGrath RentCorp common stock and restricted stock units.
Summary
- On April 1, 2024, Bradley M. Shuster, a director of McGrath RentCorp, reported a transaction involving common stock.
- Shuster acquired 1,200 shares of common stock through the vesting of restricted stock units.
- Following the transaction, Shuster directly owns 11,700 shares of McGrath RentCorp common stock.
- The restricted stock units vested 100% on April 1, 2024, and each unit represents the right to receive one share of common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, indicating a neutral sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and provides transparency to investors regarding the holdings and transactions of company insiders.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider ownership.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Date of transaction: Acquisition of 1,200 shares of common stock through vesting of restricted stock units; Restricted stock units vest 100%. |
| 02/24/2030 | Expiration date of the restricted stock units. |
| 04/03/2024 | Date of report submission. |
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