Form 4: McGrath RentCorp Director Smita Conjeevaram Reports Stock Transactions
SEC Form 4 Filing
Director Smita Conjeevaram reports the vesting and disposal of restricted stock units into common stock on April 1, 2024.
Summary
- On April 1, 2024, Smita Conjeevaram, a director of McGrath RentCorp, had 1,200 restricted stock units vest.
- These units converted into 1,200 shares of common stock.
- Conjeevaram then disposed of 4,500 shares of common stock.
- Following these transactions, Conjeevaram still beneficially owns 4,500 shares of common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company directors.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Date of transaction: vesting of restricted stock units and disposal of common stock |
| 04/01/2024 | Restricted stock units vest 100% |
| 02/24/2030 | Expiration date of restricted stock units |
| 04/03/2024 | Date of report |
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