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.