Vanguard Capital Management Acquires 5.27% Stake in McGrath RentCorp (MGRC)

Vanguard Capital Management LLC filed a Schedule 13G on April 30, 2026, reporting a new 5.27% stake in McGrath RentCorp (MGRC). As of the event date on March 31, 2026, Vanguard beneficially owns 1,299,281 shares of common stock. The filing indicates that Vanguard holds sole dispositive power over all 1,299,281 shares, while maintaining sole voting power over 189,187 shares. This position represents a significant increase from a previous 0% ownership level, crossing the 5% regulatory threshold. The shares were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. The reporting entity includes various affiliates such as Vanguard Asset Management Limited and Vanguard Global Advisers, LLC. No other single person's interest in the reported securities exceeds 5%. The filing was signed by Ashley Grim, Head of Global Fund Administration.