MGRC MCGRATH RENTCORP Insider Trading

Director Joseph Hanna sells ~10,000 shares totaling $1.1M amid stock pullback from highs

Director Joseph Hanna executed a series of sales totaling approximately $1.1 million across three trading days, reducing his holdings by roughly six percent. The sales occurred while McGrath RentCorp's stock trades notably below its recent highs, having pulled back from its peak—a timing that differs from typical insider conviction signals, which often cluster near market bottoms. The company itself remains solidly profitable with steady revenue growth and a reasonable valuation multiple, suggesting the sales are likely motivated by portfolio rebalancing or personal financial needs rather than fundamental concern about the business. Without visibility into Hanna's overall trading pattern or whether these sales were pre-planned, the transaction is routine director activity, not a red flag about company health or near-term prospects.

CEO Joseph Hanna sells 14,577 shares of McGrath RentCorp for $1,844,647.93 across three transactions on 2025-07-29

Joseph Hanna, President and CEO of McGrath RentCorp, executed three separate sales totaling 14,577 shares for $1,844,647.93 at a blended average price of $126.55 on 2025-07-29, reducing his holdings from 168,214 shares to 153,637 shares (an 8.7% reduction). The transaction occurred near the 52-week high of $128.96, with the stock currently trading at $124.79 and up 5.3% over the prior 30 days and 13.8% over 90 days. Hanna's prior five sales at McGrath RentCorp have all resulted in positive 90-day returns (ranging from +1.3% to +16.0%), indicating his historical sales at this ticker have been poorly-timed relative to subsequent price appreciation; none of the five prior same-ticker sales were well-timed by the 90-day mark. McGrath RentCorp shows solid fundamentals with $235.6M quarterly revenue, $36.0M net income, 9.5% annual revenue growth, and a P/E of 12.16, suggesting the company is performing operationally sound.

MGRC CFO Pratt sells 10,000 shares in 3 trades over 2 days for $1,261,057.86 (avg $126.11); retains 51.8K shares post-transaction.

Keith Pratt, Executive VP and CFO of McGrath RentCorp, executed 3 separate sales totaling 10,000 shares for $1,261,057.86, reducing his holdings from 61,767 shares to 51,767 shares (-16.2%). The sales occurred across July 29–30, 2025, at prices ($125.61, $126.23, and $127.17) that cluster near the 52-week high of $128.96, with the current price at $124.79. At the same-ticker level, his prior 2 measurable sales (October 2024) posted 90-day returns of +7.1% and +6.5%, indicating that post-sale, MGRC stock subsequently rose rather than fell, making those prior sales poorly timed from a hold perspective. The company's fundamentals remain solid: revenue of $235,616,000.00, net income of $35,973,000.00, annual revenue growth of +9.5%, and a P/E of 12.16. This sale represents a substantial reduction in a material position and follows a pattern of outbound activity at this ticker, warranting scrutiny of whether this reflects specific corporate considerations or broader market conditions.

CFO Keith Pratt sells 5,000 MGRC shares at $115.22; remains heavy holder with 61,767 shares post-sale

CFO Keith Pratt sold 5,000 shares (5.0K shares) of McGrath RentCorp at $115.22 on 2025-05-19, reducing his holdings by 7.5% to 61,767 shares (61.8K shares). The transaction occurs near the stock's 52-week peak of $128.96, with the sale price representing a -9.6% markdown from that high, and the current price of $116.58 suggesting modest downward price action post-sale. His cross-ticker sell track record shows an average 90-day return of +6.8% following prior sales, indicating those exits preceded stock gains rather than declines—a poorly-timed pattern. At his same ticker (MGRC), his 2 prior sells in October 2024 also showed positive 90-day returns (+7.1% and +6.5%), confirming no pattern of well-timed exits at this name. The company's fundamentals remain solid: $195.4M quarterly revenue, +9.5% annual growth, $28.2M net income, and a 12.11 P/E ratio. With substantial remaining holdings post-sale, the transaction reflects only a partial reduction rather than a material conviction shift.

MGRC CEO Joseph F Hanna sold 14,250 shares for $1,550,888.97 across 3 transactions on May 1–2, 2025

Joseph F Hanna, President and CEO of McGrath RentCorp, executed 3 separate sales totaling 14,250 shares for $1,550,888.97 at a blended average price of $108.83, reducing his holdings from 182,464 to 168,214 shares (-7.8%). The company trades at a P/E of 11.27 with strong fundamentals: $195.4M in latest quarterly revenue and annual revenue growth of +9.5%. At his cross-ticker historical track record, Hanna's prior 3 open-market sells showed an average 90-day return of +1.8%, indicating those sales preceded stock gains rather than declines (poorly timed on average). His 3 prior trades at MGRC specifically showed a 0.00% well-timed rate at the 90-day mark, with all 3 preceding modest positive returns. The current sale occurs with the stock down 15.9% from its 52-week high of $128.96, though the 30-day price action shows +3.2% appreciation. The magnitude represents a material but not dominant reduction in an already substantial CEO stake.

McGrath RentCorp CEO Joseph Hanna sells 19,945 shares at $120.26 avg for $2.4M; retains 151.3K shares.

JOSEPH F HANNA, President and CEO of McGrath RentCorp, executed 3 separate sales totaling 19,945 shares for $2,398,657.12 across 2024-11-06 and 2024-11-07, with share prices ranging from $119.64 to $121.73. The transaction occurred during strong momentum—the stock is up 13.2% over 30 days and 21.1% over 90 days, trading at $120.97 or 7.0% below its 52-week high of $130.11. Post-transaction holdings of 151.3K shares represent an 11.6% reduction from the pre-transaction level of 171.2K shares. The company shows solid fundamentals with a P/E of 13.21 and annual revenue growth of 13.4%, with most recent quarterly revenue at $266.8M and net income at $149.3M. The disposal occurs in a favorable price environment within Hanna's recent trading context.

Chief Strategy Officer Kristina Van Trease sold 5,176 shares (96.2% of holdings) for $605.6K at $117.00 on 2024-10-30

Kristina Van Trease, Chief Strategy Officer of McGrath RentCorp, executed a substantial liquidation of her position, selling 5,176 shares and reducing her holdings from 5,381 shares to 205 shares. The sale occurred at $117.00 per share for a total value of $605,581.65, representing a near-complete exit from her equity stake. While the stock trades near its 52-week midpoint (current price $117.28, -9.9% from the 52-week high of $130.11) and has shown positive momentum over 30 days (+11.4%), the magnitude of this sale—eliminating 96.2% of her prior holdings—marks a material change in insider positioning. Against a backdrop of solid fundamentals (P/E of 12.80, 13.4% annual revenue growth, $2.9B market cap), the near-total exit by a top executive warrants investor attention to understand any strategic or personal considerations driving the transaction.

MGRC CFO Keith Pratt sold 5,000 shares (51.9K remaining) for $572,557.65; stock up 11.4% in 30 days

Keith Pratt, Executive VP and CFO, executed 2 separate sales totaling 5,000 shares for $572,557.65 at an average price of $114.51, reducing holdings to 51.9K shares. The sales occurred while MGRC stock is near recent highs (current price $117.28, 30-day gain +11.4%, 90-day gain +9.8%), suggesting the insider sold into strength. The company shows solid fundamentals with $266.8M in latest quarterly revenue, $149.3M net income, 13.4% annual revenue growth, and a moderate P/E of 12.80. This is a modest reduction of 8.8% from pre-transaction holdings, not a dramatic portfolio shift. The transaction provides no clear signal of management's conviction either way given the lack of timing context or trading history.

Whitney David M (VP, Controller) sold 5,176 shares of MGRC at $117.00 on 2024-10-30 for $605,581.65, reducing holdings by 96.2%.

Whitney David M, VP and Controller, divested 5,176 shares (96.2% of pre-transaction holdings), reducing his position from 5,381 shares to 205 shares at $117.00 per share for $605,581.65. His prior trades at MGRC (two sales in November 2023) both posted positive 90-day returns of +25.2%, indicating neither sale captured an anticipated decline—a 0 of 2 well-timed rate for the same ticker. The current price of $117.28 sits 9.9% below the 52-week high of $130.11, and the stock has risen 11.4% over the past 30 days and 9.8% over 90 days. While McGrath RentCorp reports solid fundamentals with revenue of $266,758,000.00, net income of $149,317,000.00, and a P/E of 12.80, the near-complete liquidation of holdings by a controller—an officer responsible for accounting and financial reporting—merits close tracking for context and timing rationale.

Director Dawson sells 20,000 shares (83.3% of holdings) for $2.3M at $115.00 avg; retains 4,000 shares.

William J Dawson, a director, executed two separate sales totaling 20,000 shares (20.0K shares) for $2,300,052.58 ($2.3M) on 2024-10-29, reducing his position from 24,000 shares to 4,000 shares. The sales occurred at a blended average price of $115.00, slightly below the current price of $117.28 and within the 52-week range of $96.65–$130.11. This substantial reduction—eliminating 83.3% of his prior holdings in a single filing date—represents a material change in his stake at a company with strong fundamentals (13.4% annual revenue growth, P/E of 12.80, $2.9B market cap) and robust recent quarterly net income of $149,317,000.00. The magnitude and timing of this divestiture merit examination of the underlying circumstances, including whether the transaction was planned or discretionary, and what the reduced stake signals about the director's continued engagement.