McGrath RentCorp director Joseph Hanna sells $862,824 in stock

McGrath RentCorp director Joseph Hanna sold 7,500 shares of the company's common stock on October 1, 2026, for a total of $862,824. The shares were sold at prices ranging from $115.00 to $115.21 per share, with a weighted average price of $115.0433. Following the transactions, Mr. Hanna directly holds 144,049 shares of McGrath RentCorp common stock.

The sale occurred as the stock trades at $117.56, below its InvestingPro Fair Value, potentially indicating an undervalued stock. Despite the sale, McGrath RentCorp's financial health remains solid, with a long history of consecutive dividend increases.

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