Director Sells 7,500 McGrath RentCorp Shares

On July 1, 2026, Joseph F. Hanna, a director at McGrath RentCorp, sold 7,500 shares of common stock. This transaction marked the smallest of his five open-market sales since February 2024, well below his average of approximately 13,254 shares per sale.

The sale reduced Mr. Hanna's direct holdings by 4.72%, bringing his total shares to 151,549. The filing did not indicate a pre-set trading plan, suggesting the timing was discretionary. This activity is viewed as routine portfolio trimming rather than a concern, especially as he retains significant company stock.

McGrath RentCorp reported a positive start to 2026, with first-quarter rental operations revenue increasing by 5% to $162.2 million. The TRS-RenTelco segment showed robust growth of 13% in rental revenue, driven by data center expansions. The company reaffirmed its full-year revenue guidance.

Despite potential macro uncertainties that could affect project timelines, the company's performance, including 35 consecutive years of dividend increases, remains strong. Investors are advised to monitor upcoming results, with second-quarter earnings scheduled for July 29.