Form 4: McGrath RentCorp Executive VP and CFO Keith Pratt Sells 5,000 Shares

Keith Pratt, Executive VP and CFO of McGrath RentCorp, sold 5,000 shares of common stock at an average price of $115.2197 on May 19, 2025.

Summary

• On May 19, 2025, Keith Pratt, the Executive VP and CFO of McGrath RentCorp, sold 5,000 shares of the company's common stock.
• The sale was executed at a weighted average price of $115.2197 per share.
• The total number of shares beneficially owned by Pratt following the transaction is 61,767.
• The shares were sold in multiple transactions with prices ranging from $115.20 to $115.39.
• This transaction was reported on a Form 4 filing with the Securities and Exchange Commission.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating an insider stock sale. The sentiment is neutral as it simply reports a transaction.

Industry Context

Insider selling can sometimes be interpreted in various ways by the market. It could be due to personal financial planning or other factors unrelated to the company's performance. However, significant insider selling can sometimes raise concerns among investors.

Stakeholder Impact

• Shareholders may react to the insider selling, potentially impacting the stock price.

Key Dates

Keywords

McGrath RentCorp, MGRC, Keith Pratt, Executive VP, CFO, stock sale, Form 4, insider trading