Insider sales at this scale are routine and non-informative. Monitor for any upcoming earnings or material events that could trigger a more meaningful cluster, but this filing alone does not warrant a trading action.
Price Chart
Executive Summary
Three MGRC insiders, including the CEO, sold a total of $938K in open-market sales over an 8-day window. At a $2.9B market cap, this represents ~0.03% of market cap, which is well below the 0.1% threshold for materiality and is considered routine. The CEO's $536K sale is notable in isolation but the aggregate dollar value is trivial relative to company size, and insider sales are weak predictors per academic literature. The cluster is not amplified by any cross-filing context (no earnings, restatement, or late filing present).
Key Financial Metrics
Key Facts
- Three insiders sold shares totaling $938K in open-market transactions from Aug 11-18, 2026
- CEO Philip Hawkins sold $536K worth of shares at ~$120.91
- Total sales represent ~0.03% of MGRC's $2.9B market cap, well below the 0.1% materiality threshold
- No cross-filing context (earnings, restatement, late filing) to amplify the signal
Financial Impact
Total insider sales of $938K represent ~0.03% of MGRC's $2.9B market cap — trivial and routine
Risk Factors
- Insider sales are weak predictors of future returns; this cluster is too small to be material
- CEO selling $536K could be diversification-driven and not signal bearish views
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-MGRC-1787267185438 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 20, 2026 6w ago | Insider Cluster | $116.65 $111.76 | ▼ −4.19% | ▼ −3.67% | $114.99 (−1.42%) |
Aug 13, 2026 7w ago | Insider Cluster | $122.28 $110.63 | ▼ −9.53% | ▼ −7.54% | $114.99 (−5.96%) |
Aug 13, 2026 7w ago | Insider Cluster | $122.28 $110.63 | ▼ −9.53% | ▼ −7.54% | $114.99 (−5.96%) |
Jul 29, 2026 9w ago | 8-K | $115.00 $113.75 | ▲ +1.09% | ▲ +5.05% | $114.99 (+0.01%) |
Jul 2, 2026 13w ago | Insider Cluster | $117.91 $115.00 | ▼ −2.47% | ▼ −2.05% | $114.99 (−2.48%) |
Jun 16, 2026 15w ago | Insider Cluster | $113.76 $121.02 | ▲ +6.38% | ▲ +5.06% | $114.99 (+1.08%) |
May 19, 2026 19w ago | Insider Cluster | $109.83 $118.19 | ▲ +7.61% | ▲ +6.87% | $114.99 (+4.70%) |
May 11, 2026 20w ago | 8-K | $113.71 $112.96 | ▼ −0.66% | ▲ +1.07% | $114.99 (+1.13%) |
Apr 24, 2026 23w ago | DEFA14A | $118.11 $111.71 | ▼ −5.42% | ▼ −10.37% | $114.99 (−2.64%) |
Feb 25, 2026 31w ago | 8-K | $115.19 $108.97 | ▼ −5.40% | ▼ −0.17% | $114.99 (−0.18%) |
US Market Status
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