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EdgarHawk

DAWSON WILLIAM J

Director

Director
1 filing analyzed · 1 company · Latest 2024-10-30

Companies

Company Buys Sells Direction
MCGRATH RENTCORP MGRC 0 2 Net selling

Activity

October 2024
2024-10-30 MCGRATH RENTCORP MGRC
high
Sell
20,000 shares
$2,300,053
Significance 6/10

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.

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